This is a fantastic opportunity to renovate or build new in Bayshore Beautiful, one of South Tampa's most desired neighborhoods. This lovely property is situated on a 65x136sf lot, a total of 8, 840sf of land. The property is less than a block off of historic Bayshore Boulevard, conveniently located near the best shopping, dining, recreation, and all that South Tampa has to enjoy. The Stovall House, Tampa Yacht Club, Ballast Point, LeeRoy Selmon Expressway, and Gandy Bridge to Pinellas County are located nearby.
Improvements made include: new enclosed carport with garage door (2013), impact windows (2015), new front door (2015), new HVAC (2020), new siding (2023).
Home had water intrusion due to Hurricane Helene and Hurricane Milton, and has been partially remediated. Terrazzo floors remain throughout the home. House will require a full renovation or tear-down. Value is for land only.
PLEASE NOTE: Light fixtures and chandeliers do not convey.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $362 | $362 | $362 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,349 | $4,405 | $5,917 |
Total Monthly Payment | $4,803 | $4,859 | $6,371 |
* 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.