Under contract-accepting backup offers. SELLER MOTIVATED! Bring all offers! Rare 35 acre parcel! Enjoy the best of both worlds. This beautiful Florida Farm is your secluded sanctuary just minutes away from shopping, restaurants, golf and the Gulf Coast Beaches. Perfect for development or use as your private farm retreat. This property includes a 4 bedroom/ 3. 5 bath single family home (2198 sqft under air!) with screened pool, spacious lanai and 3 car attached garage. 1200 sq ft barn features a 1 bedroom / 1 bath apartment upstairs. There is also a 2 bedroom / 1. 5 bath mobile home (972 sq ft) to bring the total to 7 bedrooms and 6 baths on property! The property is cross fenced with automatic gate and security system throughout. Property is zoned AC, subdivideable with 3 wells (2 electric, 1 piped) and 2 septic.
Main house is currently rented month to month at $2700 per month. Mobile home is rented at $1900 per month thru 8/2023 Parking onsite brings $500 per month. Garage/Apartment can also be rented. Great tenants - all would stay if buyer would like to continue with leases. Seller would consider small amount of owner financing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 7.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.968% | 7.228% | 7.292% |
Monthly Tax Payment | $413 | $413 | $413 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,822 | $6,737 | $9,058 |
Total Monthly Payment | $7,360 | $7,275 | $9,596 |
* 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.