PRICE ENHANCEMENT. This AS IS property presents an incredible opportunity for investors adding to their rental portfolio, or homeowners looking to design their dream home. Located in the charming coastal town of Dunedin, this home is in a post-flood condition—stabilized, secure, and fully gutted—offering a true blank canvas ready for renovation. The classic terrazzo flooring can be refurbished to capture that sought-after Florida tropic style. This property also presents a great opportunity to storm-harden the home with modern innovations, such as PVC wallboard. Bonus Room and Laundry Room are living spaces not currently listed as interior square footage on tax records. With its prime location near Gulf Coast beaches, the Pinellas Trail, and vibrant downtown Dunedin, this home could be transformed into an ideal rental property, suitable for DSCR loans, or into a luxury build similar to neighboring properties. Seize the chance to create something spectacular in one of Florida’s most desirable areas.
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Our Executive Mortgage Banker:
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$358,000
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 | $286,400 | $286,400 | $286,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $152 | $152 | $152 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,905 | $1,904 | $2,456 |
Total Monthly Payment | $2,132 | $2,131 | $2,683 |
* 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.