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The Pinellas Park Pair — A Smart Investment in the Heart of It All!
Imagine waking up knowing your investment is already working for you. That's exactly what this property delivers: two separate homes on one generous lot in the heart of Pinellas Park, quietly generating income while you sleep. This isn't just a real estate transaction, it's a turning point.
Pinellas Park is one of Pinellas County's most centrally located communities, and this address puts it all within easy reach. The Gulf beaches of Indian Rocks Beach, North Redington Beach, and St. Pete Beach are just a short drive away. Downtown St. Petersburg, Hyde Park, South Tampa, and Downtown Tampa are all roughly equidistant in the other direction. St. Pete-Clearwater International Airport is nearby, and quick access to US-19 and I-275 makes getting anywhere across the Bay Area simple and straightforward. Few addresses in the county can offer this kind of reach in every direction.
The property itself is equally solid. A well-proportioned main home at 806 sq ft and a detached secondary unit at 523 sq ft, each with 2 bedrooms and 1 bathroom, sit on a spacious lot with plenty of room. Both units are occupied and producing income, tenants cover all utilities, and with a 2022 HVAC, 2022 water heater, and 2018 roof already in place, the heavy lifting has been done. You are not walking into a project. You are walking into a performing asset.
When you look further down the road, the possibilities only grow. The detached unit offers exciting long term potential as a guest suite, in-law quarters, or private home office. The lot, the location, and the solid construction all point toward a future full of options.
Properties that check this many boxes at this price point are rare. Come see it and see for yourself.
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
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 | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $478 | $478 | $478 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,557 | $1,642 | $2,142 |
| Total Monthly Payment | $2,110 | $2,195 | $2,695 |
* 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.