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Robust Opportunity: Three Contiguous Residential Lots Sold Together! First lot is a corner lot. (24, 660 sq ft Total) Seize this rare opportunity to acquire three contiguous residential lots in the changing East Tampa neighborhood.
This is an exceptional investment for builders or investors due to the lot size and flexible RSC-9 zoning. The total area is 24, 660 sq ft (3 x 8, 220 sq ft lots), allowing for flexible options: Build Three Single-Family Homes: The parcels are already separated; Consolidate for Multi-Family Development: Maximize density with the RSC-9 zoning; Invest and Hold: The street is already attracting significant capital investment and new construction.
Short-Term Rental Potential: this area allows for short-term rentals (e. g. , Airbnb), offering a lucrative income stream due to the excellent proximity to key area attractions.
Location & Attractions: Situated near major Tampa entertainment and economic hubs, including the Hard Rock Casino, Downtown Tampa, and the Amalie Arena (concert and sports events). Easy access to major transportation corridors (I-4, I-75, and US-301) and near mixed-use projects in Ybor City, the Channel District, and Brandon. Short walk to Kenly Park and Kenly Elementary School.
Evidence of Transition: The street is rapidly transforming. There are two newer homes directly across the street, and the lot immediately adjacent to these three parcels is investor-owned and slated for a new build in the future.
Utilities & Access: Electric utility is currently connected. Ready access to public water, public sewer, natural gas, and phone/cable systems are available nearby for connection.
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:
$300,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $240,000 | $240,000 | $240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.472% | 6.304% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,382 | $1,458 | $1,945 |
| Total Monthly Payment | $1,457 | $1,533 | $2,020 |
* 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.