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Property Description
NEW ROOF, Exceptional investment opportunity in the heart of Tampa! This spacious property offers outstanding redevelopment and value-add potential in one of the area's most convenient locations.
Previously configured for multiple-family use and now restored as a single-family residence, the property features two separate electric meters, creating excellent possibilities for future improvements (buyer to verify all zoning, permitting, and intended use).
A major highlight is the approximately 840 sq. ft. detached garage, which offers outstanding potential for conversion into a well-designed 2-bedroom, 1-bath living space, subject to all required approvals. Investors may also recognize the opportunity to explore additional redevelopment possibilities, including the potential to create up to three 2-bedroom, 1-bath units, subject to zoning, permitting, and approval by the appropriate governmental authorities.
Conveniently located just minutes from Downtown Tampa, Tampa International Airport, major highways, shopping, restaurants, schools, and entertainment.
NO CDD. NO HOA.
Whether you're looking to renovate, redevelop, generate future rental income, or maximize the property's highest and best use, this is an opportunity you won't want to miss.
Buyer and Buyer's Agent are responsible for verifying all measurements, zoning, land use, permits, and future development possibilities with the appropriate authorities.
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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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