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Under contract-accepting backup offers. Are you the person who will bring this grand ol' lady back to her former splendor? This project is for the seasoned investor/rehabber. This beauty was built in 1918 and will require complete renovation from top to bottom. Flood zone AE.
OR you can build a new home on this sprawling 100'x95' (RS-50) corner lot with alley access. Alternatively, with a little patience you can petition the City to vacate 5' of the alley, which will leave you with 2 (two) 50'x100' lots and a potential massive increase in value.
Port Tampa is located in the most southern part of South Tampa. Close to MacDill Air Force base - and everything South Tampa has to offer, wonderful restaurants, sporting event and great shopping. Conveniently close to both the Crosstown Expressway and the Gandy Bridge. Port Tampa is a mixture of new construction and historic homes. Picnic Island beach is a quick bike ride away. Picnic Island has a fabulous dog beach and boat ramp.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$360,000
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 | $288,000 | $288,000 | $288,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | $82 | $82 | $82 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,940 | $1,940 | $2,489 |
Total Monthly Payment | $2,097 | $2,097 | $2,646 |
* 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.