Under contract-accepting backup offers. Investors, seize the opportunity with this promising four-bedroom, two-bathroom duplex in St. Pete! This property offers a prime location just a short drive to St. Pete Beach, Downtown St. Pete, Tropicana Field, the Pier, and various shopping destinations, making it an ideal investment opportunity with endless potential. The duplex features a large driveway and carport parking, providing convenience and ample space for tenants. With a bit of TLC, this property has the potential to be transformed into a lucrative investment. The existing spacious living area boasts an open floor plan with a great home flow, enhanced by ceiling fans throughout the home. The breakfast bar, dining room, and galley kitchen add functionality to the living spaces. The creative mind will find plenty of possibilities to remodel and customize the unoccupied side of the duplex. Outside, a covered patio invites you to enjoy the Florida weather, offering a perfect spot for relaxation or entertaining. Additional features include a shed for storage, a shaded backyard, and a fenced yard, providing privacy. This duplex is perfectly situated in a great St. Pete location, offering easy access to the vibrant downtown scene, entertainment at Tropicana Field, local events, and the iconic Pier. With some vision and effort, this property has the potential to become a lucrative investment in one of Florida's most sought-after locations. Don't miss the chance to add this St. Pete duplex to your investment portfolio. Schedule your showing today and explore the possibilities that await in this prime location!
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William Raveis Mortgage, LLC
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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 | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $530 | $530 | $530 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,596 | $1,595 | $2,023 |
Total Monthly Payment | $2,201 | $2,200 | $2,628 |
* 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.