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Investment opportunity featuring two detached concrete block homes situated on a 1. 39-acre parcel zoned RDC-6 (Residential Duplex Conv. ), allowing potential density of up to 6 units per acre. Located in Seffner, the property offers a prime position near Tampa, with quick access to major commuter routes, shopping, dining, and employment centers, while maintaining a private, quiet setting via its private road. This combination of acreage, RDC-6 zoning, and location near Tampa offers strong long-term value and development potential for investors or developers. The property features a larger primary residence and a secondary dwelling, providing immediate rental income opportunities while allowing flexibility for multigenerational living or future expansion.
Rear/Main Residence (1, 800 SF):
The rear home serves as the primary residence. The first floor features a large primary bedroom with en-suite bathroom, along with the main living area, dining space, open kitchen, and convenient inside laundry. The home also includes covered front and rear porches and a side carport, providing ample outdoor living and parking space. The second level features a generous open bonus area, ideal for an office, media room, or second living space, followed by a second bedroom, a full bathroom, and an expansive covered balcony.
Front/Secondary Residence (858 SF / ADU-style):
The front home features a one-bedroom layout with the bedroom and en-suite bathroom on the second floor. The first floor includes a spacious living area, kitchen, separate dining space, and half bathroom, with convenient inside laundry. The home has been recently refreshed with new interior paint, updated light fixtures, and new window treatments. Additional features include a covered and fully screened side patio, exterior storage, and parking pad.
The 1. 39-acre parcel offers open space and flexibility, ideal for investors evaluating future redevelopment potential. Multiple strategies are possible: leasing both homes for income, occupying one while renting the other, or holding the land while exploring development opportunities. **Please do not disturb the tenant or walk the property without permission. Call today to schedule a private showing.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $367,200 | $367,200 | $367,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $563 | $563 | $563 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,261 | $2,321 | $3,049 |
| Total Monthly Payment | $2,899 | $2,959 | $3,687 |
* 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.