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Fully Renovated Tampa Heights Home with In-Law Suite & Income Potential that's Minutes to Downtown Tampa.
Welcome to 505 E Columbus Dr, a move-in ready and versatile property located in the highly desirable Tampa Heights area, just minutes from Downtown Tampa, Armature Works, Riverwalk, and Ybor City.
This updated home offers a flexible layout ideal for a variety of living situations. The main portion of the home features 3 bedrooms and 1 bathroom, while the attached in-law suite includes a private entrance, 1 bedroom, 1 bathroom, a full kitchen, and a separate living area.
Total functional layout: 4 bedrooms and 2 bathrooms, including an attached but separate 1 bed / 1 bath living space.
The home also includes approximately 100+ additional square feet of fully heated and air-conditioned space beyond public records, offering added usability and value.
Interior features include:
Updated kitchen with stainless steel appliances, new cabinetry, butcher block countertops, and modern backsplash.
Recessed lighting throughout, durable laminate and tile flooring, updated bathroom with contemporary finishes.
Major updates include a brand-new roof and energy-efficient solar panels (to be reinstalled prior to closing), offering long-term utility savings.
Exterior features:
Spacious backyard with room for entertaining or future improvements, workshop/storage shed, extended driveway with multiple parking spaces.
Conveniently located near major highways, dining, entertainment, and downtown Tampa amenities.
This property offers flexibility for owner-occupants or those seeking additional living space.
Schedule your private showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$389,900
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 | $311,920 | $311,920 | $311,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $227 | $227 | $227 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,870 | $1,946 | $2,569 |
| Total Monthly Payment | $2,171 | $2,247 | $2,870 |
* 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.