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Presented by
Julie Carney |
Seller financing available. Developers and investors: Washington Park Village, Oldsmar, is a 1. 009 ACRE APPROVED PUD TO BUILD 13 TOWNHOMES. There is also the potential to build 5 SINGLE FAMILY HOMES, on fee simple lots. All utilities have been installed. Note there are 2 townhomes already built and sold on the site, (not included in the sale), but plans are. Your buyers can see what their townhomes will look like! You also can build your own house design. There is a fully operational HOA, even a MARKETING WEBSITE. The work already done, saves years of time, money and effort. Oldsmar is just 15 minutes NW of Tampa Airport. The site is located in a very attractive tree lined neighborhood, set back from the street, with deep grass verges and just a short drive to the Gulf Beaches. New single family homes, close by, are priced in the $1M-$1. 3M range. The neighborhood is very attractive to families, due to its high ranking public/private schools. The site is a few blocks to the waterfront, Mobbly Beach Park. Tampa Bay is experiencing major population growth, resulting in greater demand for residential housing. The city of Oldsmar is selecting a developer to build an 8 acre 'live/walk' mixed use 'downtown'; just 3 blocks from this site, that will include hundreds of rental apartments. This will boost house values in this neighborhood.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.451.9966
Julie.Carney@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.007% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,997 | $5,206 | $7,308 |
| Total Monthly Payment | $5,122 | $5,331 | $7,433 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.