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33K PRICE IMPROVEMENT. . . . . CALLING ALL INVESTORS AND OWNER-OCCUPIED INVESTORS to own a rare, unique, newer construction TRIPLEX property in a prime Pinellas County location, walking distance to downtown Clearwater district, that consists of shopping, dining, entertainment and the waterfront concert arena. Also, a short bike/car ride to our famous Clearwater Beaches. This unique property features two spacious 3 bedroom, 2 ½ bathrooms townhomes that are approximately 1400sqft each and a 1 bedroom, 1 bathroom apartment that is located on top of two 1 car garages in the rear. Built with high energy-efficient construction. The townhomes feature an open concept living area on the first floor, with a half bath and laundry closet for convenience. The entire unit has been upgraded with luxury vinyl flooring throughout. The kitchen is equipped with granite countertops and stainless-steel appliances. The 3 bedrooms are on the second floor and consist of a split plan, to ensure privacy. There are volume ceilings in all the bedrooms, that give a sense of space. The master bedroom has dual sinks with an ensuite bathroom with dual sinks and solid-surface counters. The 1 bedroom, 1 bathroom apartment is situated above the garages and has the same finishes as the townhomes. Built with fire-resistant materials and impact-resistant windows provides a sense of peace of mind and security. Units are separately metered for owner convenience. Extra parking pads in the rear that go with the property and ample parking on the front and side streets. Established tenancy with reliable income stream, ideal for investors. Be sure to take a close look at this opportunity and schedule your private showing today. 30 DAY SHORT TERM RENTALS DOABLE!!!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$857,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $685,600 | $685,600 | $685,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $1,161 | $1,161 | $1,161 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,111 | $4,221 | $5,785 |
| Total Monthly Payment | $5,364 | $5,474 | $7,038 |
* 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.