![]() |
A quaint and quiet community located on a beautiful canal of Lake Tarpon. Perfect for a SNOWBIRD who would like to rent it out when they go back up north. This 1 bedroom, 1 bathroom condo overlooks the gorgeous waterway and pool and INCLUDES A BOAT SLIP. This 2nd floor floor condo features tile and laminate flooring, granite countertops in the kitchen & bath, a large family room with an enclosed lanai overlooking the canal and pool with extra space for storage. The master bedroom includes a balcony where you can enjoy beautiful sunset views. Pets allowed as well. Low monthly HOA of $450 which includes basic cable, internet, building exterior, roof, sewer/water and trash, plus insurance on the building. Also, Lake Tarpon Villas is ONE of few communities in the area that allows AIRBNB/VRBO with few restrictions and NO WAIT PERIOD. YOU CAN START MAKING RENTAL INCOME IMMEDIATELY or use it as you like. It doesn’t get much better than this. New Barrel Tile Roof in 2019, AC 2017, Water Heater 2017. The unit also includes a full size washer and dryer. Minutes from Historic Downtown Tarpon Springs where you can enjoy wonderful Restaurants, Shopping, The First Friday Celebrations and the Greektown Spring Docks. Fred Howard Beach and Sunset Beaches just 6 miles away. Additionally, it has been determined by FEMA that the community is EXEMPT from FLOOD ZONE. They have a LOMA Letter; see attachments. Lake Tarpon's water level is controlled by the
Southwest Florida Water Management District. There was no flooding from the 2 recent storms. #rentalincome #airbnb #investment #realestate #deboerrealestate #floridarealestate #tampabayrealestate #floridaliving You can visit www. airdna. co if you want to check potential rental income estimates. Seller will consider owner financing with 20% down at 8% interest for 30 years at $200k. This is a great place for a snowbird who'd like to rent it when they go back up north to make extra income.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$185,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $148,000 | $148,000 | $148,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $217 | $217 | $217 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $935 | $972 | $1,239 |
Total Monthly Payment | $1,227 | $1,264 | $1,531 |
* 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.