Investor’s Dream in Tampa, FL – A Must-See Fix-and-Flip Opportunity!
This 3-bedroom, 2-bathroom gem sits on a desirable corner lot in sunny Tampa, FL, and has endless possibilities for the savvy investor or homeowner looking to take on a rewarding project. With its solid bones and a roof that’s only five years old, this property is the canvas to create a stunning, modernized home or a high-return investment.
Step inside and discover a layout with incredible potential. The home features a spacious laundry room, which is large enough to be converted into a third bathroom—an easy value-add for any investor. The covered carport has even more possibilities, with the potential to transform it into an additional bedroom or bonus living space. The home office provides a dedicated workspace, for today’s work-from-home lifestyle, while the separate dining area is ready to be reimagined as the centerpiece of an open-concept design.
Outside, the corner lot provides added curb appeal and extra yard space, great for landscaping or outdoor entertaining. With a bit of vision and creativity, this property can be transformed into a show-stopping home that meets the needs of modern living. Its flexible spaces and functional layout make it an easy flip with plenty of room for customization.
Located in a prime Tampa neighborhood, this property is close to schools, shopping, dining, and entertainment, making it even more appealing for future homeowners or renters. Whether you’re an experienced investor or a first-time flipper, this property has everything you need to make your next project a success. Don’t miss this opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$245,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $196,000 | $196,000 | $196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $99 | $99 | $99 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,304 | $1,303 | $1,681 |
Total Monthly Payment | $1,478 | $1,477 | $1,855 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.