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MULTIPLE OFFERS HIGHEST AND BEST BY 2/14 AT 5PM Rare opportunity to restore a three-story historic residence near downtown Bartow, offered at $299, 000 and intentionally priced to allow for thoughtful renovation and long-term value creation. Properties of this scale, character, and location are increasingly difficult to find at this price point.
The home features oak wood floors, tile flooring, central air with two A/C systems (upstairs and downstairs), a metal roof, and two full kitchens, offering flexibility for future use. Bathrooms with tubs are located upstairs, while the main level includes a welcoming entry with a built-in bar, a large pantry, and extensive storage—including an under-staircase closet. An exterior exit from the second floor adds functional versatility.
The third-level attic offers substantial storage and the potential to be finished, highlighted by a distinctive window that enhances natural light and architectural character. The absence of a full bathroom on the main level reflects the home’s historic layout and provides an opportunity for reconfiguration as part of a renovation plan.
Conveniently located near US-98, downtown Bartow, shopping, dining, fitness centers, local produce stands, the courthouse, and approximately 5 minutes from the hospital. About 15 minutes from Polk State College.
This property is well-suited for buyers seeking a renovation project with strong bones, historic charm, and upside potential. Cash buyers strongly preferred. Schedule a showing to evaluate the opportunity firsthand.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
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 | $239,200 | $239,200 | $239,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $509 | $509 | $509 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,321 | $1,415 | $1,907 |
| Total Monthly Payment | $1,905 | $1,999 | $2,491 |
* 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.