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Investor Special! This is a cash-only investment with significant upside for those looking to renovate, develop, or expand. Don’t miss this unique opportunity—call today to learn more.
Attention investors—this 1896 heated sq. ft. double-wide manufactured home offers incredible potential. With a total square footage of 2, 562 and situated on a 21, 340 sq. ft. lot just under half an acre, this property provides ample space and opportunity for the right Investor or Buyer. While the home requires renovation, there is value, with some sweat equity the opportunity is endless. This home is in a great location close to shopping, beaches and a local HCA Hospital. Built in 1989 this double-wide features solid plywood panel construction, a one-car garage, a concrete driveway, an aluminum porch, and a chain-link fence. It has had only one owner and includes a private well that supplies water to both this property and the neighboring home at 12520 Chicago Avenue (For Sale as well). This home is located in an X flood zone, there is no flood insurance required, No HOA or CDD Fees adding further value. The property is ideally located 36 Miles from Tampa International Airport, an hour from major Gulf Coast beaches. Lot Currently Zoned R1MH. Don't Delay, Call Today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$125,000
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 | $100,000 | $100,000 | $100,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $46 | $46 | $46 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $649 | $674 | $857 |
Total Monthly Payment | $770 | $795 | $978 |
* 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.