Development Opportunity on Davis Islands. Zoned RM-24, this site presents an excellent opportunity for development. According to the City of Tampa, it is possible to construct three townhome units on-site, with convenient alley access. No tree issues. Alternatively, there is potential for a condo conversion of the existing triplex (three-unit apartment building). The current structures are solidly built with concrete block on both the first and second floors. Notably, a new four-unit townhome complex just one building away on the same block is currently listed at approximately $1.5 million.
Subdivision:
DAVIS ISLANDS PB10 PG52 TO 57
Utilities
Cable Connected, Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Connected, Street Lights, Telephone Nearby, Water Connected
219 Danube AVENUE, Tampa, FL, 33606
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
