Under contract-accepting backup offers. 10. 70% CAP RATE SHORT-TERM RENTAL (Financials in MLS attachments) A vacation home that pays for itself, or a primary residence. . . you decide! Located in 'high-and-dry' UNINCORPORATED SEMINOLE and just two blocks from the renowned Pinellas Trail! This stunning property was completely updated in 2022 and is move-in ready. --- With 4 bedrooms, 3 full bathrooms, and 1, 911 sq. ft. of living space, there's plenty of space for everyone, as the entire second floor is dedicated to one of the TWO PRIMARY EN-SUITES, providing a private retreat. As you enter the home, you'll be welcomed by a spacious, open-concept dining room and a gourmet kitchen. The kitchen features newer appliances, modern quartz countertops, and one of three sliding-glass doors that lead to the backyard and pool area. Down the hallway, you'll find a fully remodeled guest bathroom and three additional bedrooms, including the second primary en-suite, and direct entry to the pool area. Beyond the kitchen, the expansive family room offers access to the second-floor primary en-suite, while another sliding door flows seamlessly to your private outdoor oasis. Enjoy the outdoors on the large covered lanai (with beautiful, custom mural), perfect for relaxing or entertaining, while staying protected from the elements. --- Take a dip in the sparkling *heated* saltwater pool, complete with multi-color LED programmable lighting. The fenced yard with maintenance-free synthetic turf is ideal for hosting gatherings or unwinding in the sun. This home is equipped with OWNED SOLAR electric panels and a two-zone split A/C system (new in 2022) for maximum energy efficiency. Located in UNINCORPORATED Seminole (within the Seminole School District) and NOT in a flood zone, this property is truly a gem! Don’t miss the opportunity to make this beautiful, updated home yours! Currently used as a successful short-term vacation rental; This property is also available FULLY FURNISHED (additional fee) with a $100k+/Year (gross) Potential!
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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 | $495,200 | $495,200 | $495,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $588 | $588 | $588 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,378 | $3,291 | $4,176 |
Total Monthly Payment | $4,058 | $3,971 | $4,856 |
* 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.