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Great value-add opportunity in the highly desirable, established Palm Harbor neighborhood of Pine Lake! This spacious 3-bedroom, 2-bathroom handyman special at 429 Manor Blvd offers 1, 870 square feet of livable space, making it a textbook fixer-upper with incredible potential to build instant sweat equity. The functional layout features a highly sought-after split-bedroom floor plan boasting a bright, open living area, an adaptable kitchen canvas, and a private primary suite. Step outside to a generously sized, fully fenced, pool-sized backyard—an ideal outdoor oasis perfect for entertaining, family pets, or storing your boat and RV since this community features no HOA fees and no deed restrictions. The property is priced aggressively below neighborhood market value to comfortably accommodate the need for a new roof and cosmetic updates, creating a prime investment advantage. While it is being sold as-is for seller convenience, turn-key comparable properties on the block are trading up into the mid-$500ks, making this property an ideal target for cash investors, conventional buyers utilizing an escrow holdback, or owner-occupants leveraging an FHA 203(k) renovation loan. Location is everything, and this high-demand rental and resale corridor places you minutes from award-winning Gulf beaches like Honeymoon Island, championship golf at Innisbrook, and premium local shopping and dining, all while being zoned for top-rated Pinellas County schools including Sutherland Elementary. Properties with this much clear upside in Palm Harbor do not last long—schedule your private showing today to unlock the hidden value!
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Our Executive Mortgage Banker:
Our Insurance Division:
$415,000
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 | $332,000 | $332,000 | $332,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.615% | 5.952% |
| Monthly Tax Payment | $144 | $144 | $144 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,017 | $2,096 | $2,757 |
| Total Monthly Payment | $2,236 | $2,315 | $2,976 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.