HUGE PRICE ADJUSTMENT!! LOCATION! LOCATION! LOCATION! THIS IS ZONED AND APPROVED FOR SHORT TERM RENTALS, DAILY, WEEKLY, MONTHLY. IF YOU DO NOT HAVE THIS ZONING APPROVAL, PER THE COUNTY YOU CAN DO LESS THAN 30 DAYS, ONLY 3X A YEAR, NOT THIS ONE! A perfect Coastal Getaway & HUGE investment opportunity. This home sits on a premium double, corner lot in the heart of the Downtown Palm Harbor Redevelopment project. Please see the attached information for more details regarding the development project. The inside of the home features 4 bedrooms and 2 bathrooms. Recent upgrades are as follows: Updated bathrooms, newer AC, hurricane rated windows throughout, newer interior and Exterior paint, newer stainless steel appliances, newer cabinetry, newer granite countertops, newer main drain, upgraded electric panel. Now, let's talk outside: fenced in yard with plenty of room to park your boats, yes boats! Room for your RV, with Full hook ups including 30amp electric and sewer hook up, Tesla Wall Connector fast charger, gorgeous bar and fire pit, newer pickle ball court, an airconditioned tree house with TV, how cool is that? There is also an air conditioned shed for storage, woodwork, etc. AND room for a pool. Talk about location! The Pinellas Trail is around the corner, Pop Stansell Park and community boat ramp is a minute walk away as well as downtown Palm Harbor. Bike ride to beautiful Dunedin & Honeymoon Island. Zoned for top rated PH Schools. NO HOA, Close to beaches, shopping, restaurants, hospitals, Tampa International Airport! This home SCREAMS the Florida lifestyle! The possibilities are endless. Best of all, there’s no HOA, giving you the freedom to maximize your investment. The Downtown Palm Harbor Master Plan was developed to preserve and enhance the historic character and architectural heritage of Downtown Palm Harbor. These efforts aim to: Create a unique and vibrant core to the coastal Palm Harbor community expanding opportunities to live, work and play, enabling the sustainable redevelopment of downtown Palm Harbor. Whether you’re here full-time, vacationing, or seeking a smart financial move, this coastal cottage promises an unforgettable experience. A big portion of the value here is the rental metrics. Please reach out to the list agent to discuss further. Please make sure you take both video tours and schedule your appointment today! Also available for short term lease! Please message me or ask your agent for the link. ***Water damage that has been remediated. Insurance claim has been submitted. Flood Disclosure, seller disclosure, official short term rental license, elevation cert documents attached.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $516,000 | $516,000 | $516,000 |
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 | $381 | $381 | $381 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,433 | $3,430 | $4,424 |
Total Monthly Payment | $3,906 | $3,903 | $4,897 |
* 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.