Residential Property - Single Family Residence in Fort Meade
Listing Price: $319,400 (Mortgage Calculator →)
Description of Property
POTENTIAL ZERO MONEY OUT OF POCKET! Live In ONE House and SECOND HOUSE PAYS OFF MORTGAGE, TAXES AND INSURANCE!!!!! Highlights: - Buy These TWO New Houses on ONE Lot..NO MONEY DOWN ! - Approved USDA NO MONEY DOWN Rural Loan or a VA Loan!!!!! - Seller will give you $19,000 to pay all your closing costs !! - Buyer pays NO MONEY OUT OF POCKET to purchase these TWO NEW homes!! - Seller is very generous to buyer brokers!!!! - Buyer gets $33,000 in INSTANT EQUITY This unique property features two separate completely remodeled homes totaling 1600 square feet, offering endless possibilities. Live in one, rent the other and let the rent pay off most of your mortgage. Need an in law suite or multi generational home, no problem! **Incredible Investment Opportunity!** This property offers exceptional value at an average sale price of $220 a square foot, pricing the 1,600 square foot home at a $352,000 value. YOUR BUYER will gain an INSTANT EQUITY of $33,000! **Purchase Details:** - Buy both houses for just $319,900 - ZERO down payment required! - $319,000 loan at a 5.7 percent present interest rate (30 year loan) - Monthly payments of approximately $2,119 (including principal, interest, taxes, and insurance) **Rental Potential:** - Two-bedroom, two-bath house can be rented for $2,000 a month, including utilities. - Live in the one-bedroom house for just the cost of utilities while the rental income covers all but $119 a month of your mortgage! Don't miss out on this fantastic investment where your rental income can pay off most of mortgage. Contact us today for more details! **Main Home:** - 2 Bedrooms, 2 Bathrooms (850 sqft) - Fully Remodeled: New floors, interior & exterior paint, new kitchen, new appliances, new hvac, new hot water heaters, bathrooms, new metal roof, new windows and more! **Second Home:** - 1 Bedroom, 1 Bathroom (750 sqft) - Fully Remodeled to match the main home’s high standards.
Bedrooms: 3
Bathrooms: 3
Sq. Ft. Gross: 1,600
Garage: No
Carport: No
Parking Features:
Spa Features:
Water Frontage:
Water Features:
Water Access:
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Fort Meade
County: Polk
Subdivision: Oakland Park Or A D Gilleys
Bedrooms: 3
Bathrooms: 3
Sq. Ft. Gross: 1,600
Sq. Ft. Living Area: 1,600
Cost per (heated) sqare foot: $200
Year built: 1936
Annual Tax: $1,111
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Interior Features:
- Eating Space In Kitchen
- Kitchen/Family Room Combo
- Thermostat
- Walk-In Closet(s)
Appliances:
- Convection Oven
- Cooktop
- Electric Water Heater
- Microwave
- Refrigerator
- Tankless Water Heater
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring:
- Ceramic Tile
- Laminate
- Marble
Green Features
Indoor Air Quality:
Green Certifications:
Green Energy Features:
- Appliances
- HVAC
- Water Heater
Green Landscaping:
GreenWater Conservation:
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Wood Siding
Foundation: Crawlspace
Roof: Metal
Exterior Features: Other
Parking Features:
Floors Total:
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Front Porch
Security Features:
Other Structures: Additional Single Family Home
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features: Corner Lot
Lot Size (acres): 0.18
Lot Size (sq. ft.): 7,645 square feet
Front Exposure: North
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, FHA, VA Loan
Parcel Number: 253127462500000700
Zoning: R-1B
Tax Legal Desc.: OAKLAND PARK OR A D GILLEYS SUB PB 1 PG 83 LOT 70 & W 7.5 FT OF CLOSED ALLEY LYING E OF 70
Section: 27
Range: 25
Listing courtesy of FLORIDA'S CHOICE REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.