LOCATION, LOCATION, LOCATION. . . rare opportunity to own a multi-family home in Downtown Safety Harbor! This home is located on one of the most desirable brick lined streets in town. The water is located at the end of the street where Tampa Bay sunrises will take your breath away. Philippe Park, Safety Harbor Marina, Main Street, and the Safety Harbor Spa are all just a short walk away. This home is two stories and has a tenant on each level. The first level has a kitchen, living room, dining room, 2 bedrooms, and an office (rents for $2, 100). The second level has a kitchen, living room, 1 bedroom, and 1 bathroom (rents for $1, 450). Each unit has a separate electric meter and the landlord pays sewer/water/trash which is approximately $200 per month. There is a shared laundry room on the backside of the building. This property has tons of potential whether you keep it as an income property, revert it back into a single family home, or build a brand new home on the expansive lot. There is back alley access to the property if the new owner installs a double gate on the back fence. The property sits in a NON-FLOOD zone! Selling in AS-IS condition.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $428 | $428 | $428 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,684 | $3,589 | $4,557 |
Total Monthly Payment | $4,204 | $4,109 | $5,077 |
* 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.