|
Presented by
John Arena |
8507 N EDISON, Tampa, FL, 33604 | $347,000
Virtually Staged. ATTENTION INVESTORS - NEW PRICE ADJUSTMENT. NO HOA, NO CDD. 5 BEDROOM, 2 BATH SEPARATE ENTRANCE SUITE POTENTIAL in Tampa’s thriving rental market. Positioned in one of Florida’s strongest growth markets, this Tampa property presents a compelling opportunity for investors seeking cash flow flexibility, multi-use potential, and long-term appreciation. At 1, 800 heated square feet, this 5-bedroom, 2-bathroom home features a functional layout with a separate entrance rear section ideal for a variety of high-demand investment strategies.
The rear two-bedroom area with private access creates exceptional potential for a separate living suite, workforce housing configuration, co-living setup, furnished rental, traveling professional housing, multigenerational occupancy, or owner-operator house hacking strategy. The oversized backyard further expands the value-add possibilities with room for outdoor amenities, storage, entertaining areas, or possible future improvement concepts. Interior features include an open-concept living and dining layout, updated kitchen with granite countertops, stainless steel appliances, ample cabinetry, and strong usable square footage throughout. Additional highlights include abundant on-site parking and a newer roof (2019). Strategically located near Downtown Tampa, this property benefits from Tampa’s continued population growth with strong rental demand, expanding business climate, and ongoing redevelopment momentum throughout the area. Schedule your showing today.
Features
- Rooms: 7
- Bedrooms: 5
- Baths: 2 full
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
- Year Built: 1945
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,800
- Acreage: 0.14
- Est. Taxes: $4,700
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- MLS#: TB8468606
- Days on Market: 155 days
- Website: https://www.raveis.com
/prop/TB8468606/8507nedison_tampa_fl?source=qrflyer
William Raveis Family of Services
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.
John ArenaBroker Associate
617.771.3511
John.Arena@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
8507 N EDISON, Tampa, FL, 33604
$347,000
John Arena
Broker Associate
William Raveis Real Estate
Phone: 617.771.3511
John.Arena@Raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $277,600 | $277,600 | $277,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $392 | $392 | $392 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,642 | $1,732 | $2,287 |
| Total Monthly Payment | $2,109 | $2,199 | $2,754 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388