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TWO WATERFRONT HOMES FOR THE PRICE OF ONE! DIRECT ACCESS TO THE BANY AND GULF! NO CDD'S NO HOA'S, GREAT RENTAL OPPORTUNITY PROPERTY FOR Airbnb's. FULLY REMODELED! This is an incredible deal! It’s a two-for-one, waterfront oasis with the added bonus of income potential from Airbnb rentals. The idea of having two homes right on the water, with direct access to the bay and surrounded by the beauty of a mangrove forest, makes it even more enticing. Plus, the fact that it can generate revenue.
Let’s break it down a bit:
Location: The property sits on a saltwater canal with direct access to Tampa Bay, making it prime for boaters and water lovers.
Income-Generating: It's been a successful Airbnb property for two years, which speaks to the demand for short-term rentals in the area.
Two Homes: You get two separate living spaces. This could be a great setup for a family or group of friends, or even to live in one and rent the other. The second home is more like a private guest suite, with a kitchenette, living area, bedroom and a deck.
Private Dock: The saltwater dock is a great addition for boating or just enjoying the peaceful views of the canal.
Tropical Aesthetic: Tall palm trees, lush greenery, and the serene vibes of the mangrove forest create a true paradise feel.
This could appeal to both investors looking to capitalize on the Airbnb trend and those seeking a luxurious, serene home in Florida with water access. Have you thought about how you’d want to use the property—perhaps as a vacation home or just for income potential or a home with a separate in-law suite!
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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 | $532,000 | $532,000 | $532,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | $851 | $851 | $851 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,021 | $3,232 | $4,312 |
| Total Monthly Payment | $3,964 | $4,175 | $5,255 |
* 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.