Charming Florida Shores Home with Endless Potential
Welcome to 3039 Tamarind Dr, a single-family home nestled in the heart of Florida Shores. Owned by the same family since 1987, this 3-bedroom, 2-bathroom residence offers a solid concrete block construction, a split floor plan, and a cozy wood-burning fireplace, perfect for enjoying cooler weather. Situated on a large, fenced lot with no HOA, the property provides plenty of room to personalize and make it your own. The roof, while free of leaks, is nearing the end of its lifespan, offering an excellent opportunity for updates. The oversized inground pool is currently not usable and awaits your vision—whether a complete renovation or removal. Despite its need for TLC, this home has never experienced flooding from rain or storm events, giving you peace of mind. With great bones, charming features like the fireplace, and undeniable potential, this property is a fantastic candidate for a renovation loan and an exciting opportunity to bring your dream home to life. Don’t miss the chance to create something special in this established and convenient neighborhood!
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Our Executive Mortgage Banker:
Our Insurance Division:
$292,500
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 | $234,000 | $234,000 | $234,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.204% | 7.159% | 6.256% |
Monthly Tax Payment | $59 | $59 | $59 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,537 | $1,555 | $1,973 |
Total Monthly Payment | $1,670 | $1,688 | $2,106 |
* 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.