Under contract-accepting backup offers. Welcome to your expansive oasis in the heart of Seminole Heights! This remarkable property offers boundless opportunities for homeowners, investors, and builders alike. Situated on an oversized . 75 acre lot, this 6 bed, 3 bath home presents a rare chance to shape your dream living situation in one of Tampa's most sought-after neighborhoods.
As you step inside, you'll be greeted by a spacious interior that effortlessly blends comfort and functionality. The main residence boasts 5 well-appointed bedrooms and 2 bathrooms, providing ample space for family, guests, or home offices. The in-law suite is an additional 1 bedroom, 1 bathroom apartment with a full sized kitchen and living space.
But the true allure of this property lies in its potential. With the ability to subdivide the lot into three builder lots, the possibilities are endless. Builders will appreciate the opportunity to create three prime parcels for new construction, catering to the high demand for housing in Seminole Heights.
Alternatively, savvy investors can capitalize on the potential for three separate living units. The newly renovated 1 bed, 1 bath in-law suite at the back of the house, complete with a full kitchen and living room, offers a turnkey solution for rental income or multi-generational living.
For those with a vision for their forever home, this property presents the perfect canvas. With an enormous lot size, there's plenty of room to expand, renovate, and create your own private sanctuary in the heart of the city.
Conveniently located near dining, shopping, parks, and major highways, this property offers the ideal balance of tranquility and urban convenience. Whether you're a builder, investor, or homeowner with big dreams, don't miss your chance to make your mark on this Seminole Heights gem. Schedule your showing today and unlock the endless potential of this remarkable property!
Sellers request to lease the 1 bed/1 bath in-law suite in the back of the house for 2 years minimum.
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$698,000
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 | $558,400 | $558,400 | $558,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.623% |
Monthly Tax Payment | $111 | $111 | $111 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,809 | $3,711 | $4,826 |
Total Monthly Payment | $4,012 | $3,914 | $5,029 |
* 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.