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Property Description
Opportunity knocks in South Tampa with this 3 bedroom, 2 bathroom block ranch home on a corner lot just minutes from MacDill Air Force Base. Built in 1958, the home offers 1, 274 square feet of living space, original terrazzo floors, and a Florida room, but it will need a full renovation to reach its potential. Investors, builders, and buyers looking for a project will appreciate the flexibility here, whether you choose to restore the existing home or purchase for the land value.
The 0.20 acre corner lot is partially fenced and sits in an established neighborhood with no HOA, giving you room to create exactly what you have in mind. The location is hard to beat, with quick access to the base, the Gandy Bridge, downtown Tampa, and the shopping, dining, and waterfront parks that make South Tampa so desirable. The property is zoned for Ballast Point Elementary, Monroe Middle, and Robinson High. Being sold as-is and currently vacant, this is a rare chance to secure a well-located South Tampa property and add value in one of the area's most sought-after markets.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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