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Exceptional duplex investment opportunity in one of Tampa Bay's most desirable coastal communities. Located in an X flood zone, this property offers peace of mind and outstanding value just minutes from Downtown Dunedin, consistently recognized as one of Florida's most sought-after places to live. One side of the duplex is currently tenant-occupied, providing immediate income potential, while the other unit is available for owner occupancy or lease. With potential rental income of approximately $2, 100 per unit, this property presents an excellent opportunity for investors and owner-occupants alike.
Extensively updated, the property features recently renovated kitchens and bathrooms, updated flooring, a newer roof, fresh interior and exterior paint, and modern finishes throughout. Each unit includes its own washer and dryer, dedicated parking, and private outdoor space. Constructed of durable block construction, this duplex offers low-maintenance ownership and long-term appeal.
Ideally situated just minutes from the Pinellas Trail, the Dunedin Causeway, and vibrant Downtown Dunedin, residents can enjoy waterfront parks, boutique shopping, local breweries, and a variety of dining options. The property is also conveniently located near two of Tampa Bay's most renowned beaches—Clearwater Beach and Honeymoon Island—offering easy access to pristine Gulf waters, boating, fishing, kayaking, and year-round outdoor recreation. Combining strong income potential, extensive updates, and an unbeatable location, this is a rare opportunity to own a move-in-ready duplex in the heart of Florida's Gulf Coast.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $605 | $605 | $605 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,870 | $3,026 | $3,979 |
| Total Monthly Payment | $3,567 | $3,723 | $4,676 |
* 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.