Under contract-accepting backup offers. Welcome to 114 Island Water Way! This charming and meticulously maintained 3-bedroom, 2-bathroom pool home offers the perfect blend of comfort and convenience. Nestled in a prime location, you'll find yourself just a short drive from MacDill Air Force Base, Tampa, Sarasota, and St. Petersburg, providing easy access to all the vibrant amenities these cities have to offer. Recently utilized as a highly successful Airbnb, this property boasts a proven track record of generating impressive rental income. See MLS attachments for P&L. Whether you're looking for a new investment opportunity or a serene residence with potential for additional revenue, this home is an exceptional choice. This home features a sparkling private pool, perfect for relaxation and entertaining. Inside, you’ll appreciate the spacious and inviting layout, with modern finishes and thoughtful design throughout. Enjoy the serene surroundings and comfortable living spaces that make this home an ideal retreat for guests or a peaceful haven for you. Don’t miss your chance to own a property that offers both an incredible living experience and outstanding investment potential. Schedule you're showing today
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Our Executive Mortgage Banker:
Our Insurance Division:
$380,000
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 | $304,000 | $304,000 | $304,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $438 | $438 | $438 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,023 | $1,997 | $2,564 |
Total Monthly Payment | $2,536 | $2,510 | $3,077 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.