REHAB - INVESTOR SPECIAL. THIS HOME WAS FLOODED (6" TO 8" OF WATER INTRUSION) IN RECENT HURRICANES. OFFERS BEING ACCPETED THROUGH NOVEMBER 2ND. ARE YOU LOOKING FOR AN OPPORTUNITY TO RE-DESIGN YOUR DREAM HOME WITH DIRECT DEEP WATER ACCESS TO TAMPA BAY? THUIS IS THE BEST CANAL VIEW ON THIS STREET! HOME FEATURES EXPANSIVE VIEW OF CANAL LEADING DIRECTLY OUT TO TAMPA BAY. PROPERTY IS LOCATED ON A CUL-DE-SAC PROVIDING MINIMUIM TRAFFIC AND SAFETY FOR THE FAMILY. VERY OPEN FLOOR PLAN OFFERING MULTIPLE OPTIONS FOR RENOVATIONS. NO STRUCTURAL DAMAGE KNOWN AND NEWER WINDOWS IN PLACE. THERE IS AN IN-GROUND POOL OVERLOOKING THE CANAL FOR THOSE RELAXING SUNSHINEY DAYS. THE ROOF DOES NOT LEAK. IT IS A TILE ROOF. THIS PROPERTY NEEDS DRYWALL REMOVAL, SOME CEILING REPLACEMENT (DUE TO LEAKS FROM AC UNIT), NEW KITCHEN / BATHROOM REMODELS AND LIKELY FLOORING TO MEET YOUR UPDATING PREFERENCES. YARD DEBRIS NEEDS TO BE CLEARED AS WELL. THIS HOME ONCE RENOVATED WILL AT TODAYS VALUES BE WORTH 850k TO 1M+ BASED ON RENOVATIONS MADE. LETS MAKE A DEAL! ANY/ALL ROOM DIMENSTIONS ARE ESTIMATES AND ARE TO BE VERFIFIED BY BUYER / BUYER REPRESENTATIVES. ANY PET / RENTAL RESTRICTIONS SHOULD BE VALIDATED WITH THE COUNTY OR CITY OF APOLLO BEACH.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,999
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 | $479,999 | $479,999 | $479,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $268 | $268 | $268 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,315 | $3,190 | $4,048 |
Total Monthly Payment | $3,675 | $3,550 | $4,408 |
* 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.