Under contract-accepting backup offers. Introducing an exceptionally rare opportunity! This single-family home, boasting 6 bedrooms and 6 bathrooms within its 4, 790 square feet, presents the perfect opportunity for an energetic home-based business and beyond. Ideal for hosting lively gatherings and cherished family moments, this residence showcases a huge kitchen seamlessly connected to a spacious family room, a charming breakfast nook, and an elegant formal dining room capable of accommodating up to 16 guests. Two mother-in-law suites grace this property, one nestled within the main home and another separately located on the side of the home, each complete with full bathrooms and kitchenettes for added comfort and convenience. The backyard, featuring a screened pool, covered lanai, two fountains, and vibrant tropical landscaping, offers an idyllic retreat for unwinding and rejuvenation. This remarkable home presents an extraordinary opportunity to extend its functionality into a lucrative business venture. The current owner has opted to maintain residential zoning (R3) while operating a home-based business, yet he has disclosed that the city is willing to entertain a zoning change if he agrees to annexation. Situated in unincorporated Pinellas County on a spacious . 40-acre lot, certified by FEMA as an X flood zone, and boasting parking for up to 10 vehicles, the potential for business development is highly appealing. Many additional features enhance the property's potential for advanced opportunities. These include a 200-amp main electric with sub panels, 12 ton, 5 zone AC, robust 10-inch-thick steel-reinforced concrete interior walls, double truss layouts for structural integrity, double insulated doors and windows, hurricane shutters for added protection, and five paved, fenced-in, lockable storage areas. Moreover, a 12-foot tall, storm-built outbuilding equipped with 240 and 110 outlets further expands the scope for commercial activities. Words cannot fully capture the immense value and boundless potential that this home embodies. Schedule an appointment to explore this property before it slips away from your grasp. VERY MOTIVATED SELLER, BRING ALL OFFERS!!!!
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $245 | $245 | $245 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,605 | $4,665 | $6,265 |
Total Monthly Payment | $4,942 | $5,002 | $6,602 |
* 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.