2603-2607 Marconi STREET, Tampa, FL, 33605 | $950,000

Charming Triplex with Prime Redevelopment Potential – 2603-2607 Marconi St.
Discover an exceptional investment opportunity at 2603-2607 Marconi Street. This versatile property features a well-maintained triplex alongside a spacious vacant lot, presenting multiple avenues for lucrative returns. Whether you are looking to expand your rental portfolio, embark on a redevelopment project, or both, this offering is primed for success.
Triplex Configuration: Three well-appointed units, each designed for comfort and convenience. Ideal for generating steady rental income.
Adjacent Vacant Land: Expansive lot perfect for additional development, providing endless possibilities for creative real estate ventures. Total land size is 15, 890 sf (168' X 95').
Prime Location: Situated in a thriving neighborhood with easy access to key amenities, public transport, and vibrant community life.
Redevelopment Opportunity: The combined lot size opens the door to significant redevelopment potential. Envision a modern multi-family complex, upscale townhomes, or a mixed-use development – the choice is yours.
Asking Price: $950, 000
Zoning: Zoned RM-16, this portfolio is suitable for various redevelopment options (subject to local zoning regulations).
Benefit from the area's ongoing development and increasing property values.
Whether you aim to enhance the existing triplex, develop the vacant land, or undertake a comprehensive redevelopment, this property offers unmatched flexibility.
Enjoy the blend of urban amenities and suburban tranquility that makes this location highly desirable.
Don't miss out on this rare opportunity to secure a high-potential property in a prime location. Contact us today to arrange a viewing and explore the endless possibilities that 2603-2607 Marconi Street has to offer.

Features

  • Lot Size: 168 x 95
  • MLS#: T3534606
  • Days on Market: 103 days
  • Website: https://www.raveis.com
    /prop/T3534606/26032607marconistreet_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/15/2024 4:17:12 PM)
Listing courtesy of FLORIDA COMMERCIAL GROUP   Phone: 813-935-9600

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2603-2607 Marconi STREET, Tampa, FL, 33605

$950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.333% 6.876% 6.936%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,929 $4,929 $6,725
Total Monthly Payment $5,021 $5,021 $6,817

* 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.