et against the rich historical tapestry of Tampa Heights District, this transitional craftsman farmhouse stands as a beacon of timeless allure amid its artisanal surroundings. The two-story residence, adorned with the charm of a craftsman aesthetic, boasts 4 bedrooms, 3 bathrooms, and a detached 2-car garage with an inviting 400 sqft mother-in-law suite featuring 1 bedroom and 1 bath. Nestled just moments away from the vibrant Armature Works and the picturesque River Walk, this home is a hidden gem in the heart of Tampa Heights. Embraced by the enchanting Riverside Heights neighborhood, this property offers the perfect fusion of convenience and serenity. Spanning 2, 500 sqft, the open floor plan provides ample space for comfortable living, with the master bedroom conveniently situated on the main floor. The addition of a loft adds versatility to the layout, catering to various lifestyle needs. Anticipated for completion in December 2023, this property presents an enticing investment opportunity, making it an ideal choice for those considering it as an Airbnb rental. Revel in the urban lifestyle of Tampa while cocooned in the comforts of home. This transitional craftsman farmhouse not only embodies architectural elegance but also encapsulates a lifestyle where history, sophistication, and modern conveniences harmoniously intertwine. Discover the essence of Tampa's sought-after neighborhood, Tampa Heights, with easy access to the city's dining, entertainment options, the scenic Tampa Riverwalk, Armature Works, Heights Union, Sprouts, downtown Tampa, and more. Moreover, a short drive connects you to Tampa International Airport and the beautiful Florida beaches. Live where others vacation and embrace the essence of Tampa's urban charm! Land, Site, and Tax Information
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.510% | 6.579% |
Monthly Tax Payment | $166 | $166 | $166 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,367 | $4,367 | $6,050 |
Total Monthly Payment | $4,625 | $4,625 | $6,308 |
* 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.