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Brand-New Construction Duplex – Modern Design & Prime Investment Opportunity!
Welcome to this stunning newly built duplex, offering contemporary elegance and versatility in a prime location! Whether you're looking for a high-quality investment property or a stylish home with income potential, this property delivers it all for modern living. This new duplex was built with high quality materials & craftsmanship. The spacious layout was thoughtfully designed with a floor plan for open concept living.
Property features include 2 bedrooms, 1 bath per side and thoughtfully designed for comfort & functionality. Each side has an attached one-car garage. There is a high-end kitchen complete with finishes like quartz countertops, premium cabinetry (bluish-gray lower cabinets & white upper cabinets and stainless steel appliances. Each side has an indoor laundry room and each includes a Samsung washer & dryer for convenience. The elegant bathrooms have a spacious design with granite countertops, ample storage & shower/tub combo. This smart home features impact-resistant windows & eco-friendly fixtures. The stylish flooring of durable luxury tile throughout makes the home feel even bigger than it already is. The duplex sits on an expansive Lot (Over 10, 000 Sq. Ft. ) – ZONING ALLOWS FOR AN ADDTIONAL DWELLING to be built. This is a prime location and just 3 miles to the beach and close to shopping, dining, schools & medical facilities. The investment potential is huge! You can rent both units for long-term tenants or live in one and rent the other or MAXIMIZE profits with AIRBB (short-term rentals allowed in unincorporated Pinellas County). This turnkey property is perfect for investors or homeowners looking for flexibility and income potential in a high demand area. Don’t miss this rare opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$825,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.961% | 6.764% | 6.666% |
Monthly Tax Payment | $219 | $219 | $219 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,118 | $4,226 | $5,749 |
Total Monthly Payment | $4,429 | $4,537 | $6,060 |
* 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.