11401 Mcmullen LOOP, Riverview, FL, 33569 | $365,000

Under contract-accepting backup offers. A true must see! Exceptional Dual Living Opportunity in Spacious 2800 Sq Ft Home. Discover the ultimate in flexibility and comfort with this unique 2800 square foot property, ingeniously designed as a potential income-producing duplex. Featuring three well-appointed bedrooms, two full bathrooms, and two full gourmet kitchens, this residence offers a versatile living arrangement suitable for a variety of needs. Each unit of the duplex boasts its own private entrance, making it ideal for those seeking an in-law suite setup or the perfect space for older kids who crave a bit more independence. The gourmet kitchens in each unit are a chef’s dream, complete with top-of-the-line appliances, ample counter space, and modern finishes, ensuring culinary delights can be prepared with ease. The strategic layout allows the property to serve as an excellent house hack opportunity—live in one unit while renting out the other to offset mortgage payments. This setup is not only economically advantageous but also offers privacy and comfort for all occupants. Nestled in a wonderful location, this home benefits from its proximity to local amenities, including shopping, dining, parks, and excellent schools, making it an attractive option for renters or extended family. Don’t miss out on this versatile property, offering both significant income potential and a comfortable living arrangement for multi-generational families. An opportunity like this, providing both practicality and potential in a prime location, is truly rare!

Features

  • Units: 2
  • Laundry: Inside
  • Year Built: 1970
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,633
  • Acreage: 0.21
  • Est. Taxes: $1,565
  • Elem. School: Boyette Springs-HB
  • Middle School: Rodgers-HB
  • High School: Riverview-HB
  • MLS#: U8246882
  • Days on Market: 72 days
  • Website: https://www.raveis.com
    /prop/U8246882/11401mcmullenloop_riverview_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 9/27/2024 11:17:09 AM)
Listing courtesy of KELLER WILLIAMS ST PETE REALTY   Phone: 727-894-1600

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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

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11401 Mcmullen LOOP, Riverview, FL, 33569

$365,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $292,000 $292,000 $292,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.512% 6.273% 5.248%
Monthly Tax Payment $130 $130 $130
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,822 $1,774 $2,308
Total Monthly Payment $2,027 $1,979 $2,513

* 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.