This fantastic cleared lot offers a unique opportunity in one of Tampa's desirable and growing areas, just minutes from Ybor City and all that Tampa has to offer. Located on a quiet street with limited through traffic, this property provides a peaceful and private setting while still being conveniently close to downtown Tampa, shopping, dining, and major highways I-4 and I-275. Spanning 6, 500 square feet, the lot is zoned RS-50, perfect for building a single-family home, and with the previous home cleared from the lot, the impact fees will be lower than other lots, creating a more cost-effective build for prospective buyers. There is also potential for a special use permit, allowing for greater flexibility with the right application and owner occupy status. The property is ready to build on with water, sewer, and electric already established from the previous home, making for an easier and faster connection to utilities. Whether you’re a builder looking for a prime location in Tampa or an individual seeking a blank canvas to create your dream home, this lot offers endless possibilities. With easy access to major roads, downtown, and all the amenities the area has to offer, don’t miss out on this golden opportunity!
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$120,000
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 | $96,000 | $96,000 | $96,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $655 | $638 | $810 |
Total Monthly Payment | $730 | $713 | $885 |
* 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.