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Discover an extraordinary opportunity in Citrus Park, where not one but 2 single-family homes await on a spacious 0. 25-acre corner lot, offering direct access to the Upper Tampa Bay Trail. This property showcases two distinctive homes, each with its own charm and appeal. The first home 7509 boasts a brand-new roof as of 2024, spanning 1, 320 square feet with 3 bedrooms and 2 bathrooms. Featuring ceramic tile flooring throughout, a screened-in porch, and a shed, it offers a blend of comfort and functionality. Adjacent is 7511, a charming 576 square foot bungalow, featuring 1 bedroom and 1 bathroom, with tile flooring and a newer metal roof. Currently rented at $1, 500 per month, this unit provides immediate rental income. The larger 3-bedroom, 2-bathroom residence stands vacant, presenting an opportunity for new owners to move in or investors to optimize cash flow. This property presents a compelling opportunity for those considering FHA or VA loans, enabling the prospect of living in one home while renting out the other. Don't miss your chance to own this unique property. Schedule your tour today! The seller also has a duplex for sale next door (MLS #U8242583)
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$550,000
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 | $440,000 | $440,000 | $440,000 |
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 | 7.828% | 7.133% | 6.276% |
Monthly Tax Payment | $425 | $425 | $425 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,711 |
Total Monthly Payment | $3,444 | $3,441 | $4,228 |
* 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.