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171 ORANGE STREET, Palm Harbor, FL, 34683 | $1,175,000
For Sale: Prime Investment Property in Historic Ozona
Calling all Builders & Developers. Buy land; they're not making it anymore! With approximately . 4 acres this is an Ozona developer's Dream! This double parcel is zoned for R-4 Residential with a land use designation of (E) and would allow mixed use. Imagine a quaint downtown Bed and Breakfast, multi-family, condos or townhouses, or build your dream home with an attached office. All with a great waterview. Keep the cottages as is and have your turn key income property. Currently, the 2 lots consist of a single family home, & 4 rental cottages overlooking the intracoastal water way. This 1926 bungalow is situated on a corner lot in a non-flood zone & has 2 bedrooms and 2 baths in need of updates updates, but it maintaining its vintage charm. No rear neighbors, water views, and plenty of parking are all sought after features in this historic fishing community. Guests will love being able to walk to dining and parks. Ozona is golf cart friendly. The property is 100 ft from the Pinellas trail.
Great investment opportunity. Cottages are at below market rents but provide income while you make your own changes
Property Overview: Discover an exceptional opportunity in the heart of Ozona, a charming historic fishing community. This approximately 0. 4-acre double parcel, zoned R-4 Residential with a land use designation of (E), is perfect for developers and investors looking to create something special. Price includes MLS #TB8359708
Features
- Bedrooms: 4
- Units: 4
- Lot Size: 60 x 119
- Laundry: None
- Year Built: 1957
- Heating: Electric, Wall Units / Window Unit
- Cooling: Wall/Window Unit(s)
- Approx Sq. Feet: 1,608
- Acreage: 0.15
- Lot Size: 60 x 119
- Est. Taxes: $4,827
- MLS#: TB8359989
- Days on Market: 52 days
- Website: https://www.raveis.com
/prop/TB8359989/171orangestreet_palmharbor_fl?source=qrflyer
Listing courtesy of TOM TUCKER REALTY Phone: 727-692-3997
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
171 ORANGE STREET, Palm Harbor, FL, 34683
$1,175,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $940,000 | $940,000 | $940,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.625% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.811% | 6.727% | 6.560% |
| Monthly Tax Payment | $402 | $402 | $402 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,636 | $6,019 | $8,124 |
| Total Monthly Payment | $6,163 | $6,546 | $8,651 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388