NO FLOOD ZONE!!! LOOK at this HUGE PARCEL OF LAND . 82 ACRES in the beautifully scenic Riverbend area of Old Northeast Seminole Heights. BE SURE TO CHECK OUT BOTH PARCELS ON COUNTY WEBSITE! FOLIO'S 170051-0000 AND 170099-0000. Survey available! CHECK OUT THE NEW DAVID WEEKLY TOWNHOMES, 'THE APEX' SELLING in the $600, 000 to $700, 000 range, JUST UP THE ROAD AT SLIGH AND NEBRASKA. Put on your thinking cap on how you could develop this parcel. Seller says: PARCEL IS 6 PLATTED LOTS (3-oversized lots) with potential to divide entire parcel into 10 buildable lots located within the City of Tampa designated Urban Villages. EXERCISE YOUR BONUS DENSITY FOR THE POTENTIAL TO BUILD 9 - 10 SINGLE FAMILY HOMES OR TOWNHOMES. SELLER SAYS Parcels are more than 40 feet above sea level. Open alley abutting north and south property lines. Parcel is five blocks from Riverfront Patterson Street Park, near McDugal City Park, which recently installed 4 new beach volleyball courts, and working on 4 more courts. Extremely popular with the volleyball club and neighbors. Parks have many trees, springs, playgrounds, baseball field and plenty of room to roam and get your exercise in! This is a walkable neighborhood, many more parks nearby along the Hillsborough River, and you can put in your laps walking, jogging, or cycling around Lake Roberta, in nearby Hampton Terrace. Convenient to the main transportation corridors, bus route stops, and I-275. Minutes from Downtown, West Tampa, Midtown, Tampa Heights, and to Tampa International Airport.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,121 | $5,229 |
Total Monthly Payment | $4,217 | $4,213 | $5,321 |
* 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.