Rare 82+ ACRE parcel in Sarasota, Florida - perfect for PRIVATE ESTATE, FAMILY COMPOUND, EQUESTRIAN CENTER or ORGANIC FARM! Owner may consider subdividing & selling 40 acres MOL. Zoned OUR (Open Use Rural - 1 unit per 10 acres), this beautiful ranch has been lovingly cared for using organic principles and offers a 5, 400 sq' top-quality Morton-built barn with an attached, unfinished gathering house. Horse Lovers will appreciate the newer 2, 160 sq' horse barn with six stalls (or 8 stalls if you choose to convert the office space), a tack room, and an office. A 1, 440 sq' open pole barn is perfect for outdoor entertaining with large gatherings. The living quarters (studio efficiency) comes equipped with a kitchenette and bathroom - perfect for weekend getaways or a ranch hand. Build the home of your dreams, where privacy abounds and wildlife comes to call. The property has two entrances and is fenced and cross-fenced! Newer underground electric, high-speed fiber optic internet, security cameras, and a 215-foot deep-water well are in place. Close proximity to Myakka State Park featuring 37, 000 acres of open space with 12 miles of horse trails, lakes, woods, and prairie Enjoy all the privacy of ranch life close to I-75, Lakewood Ranch, Sarasota’s award-winning performing arts, festivals, beaches, shopping, dining and international airports. This property is a large slice of old Florida and ready for the next owner to make it their home. Call for a personal tour today! SEE VIDEO!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
William Raveis Real Estate
RVP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.250%||7.375%||7.125%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.903%||7.506%||7.354%|
|Monthly Tax Payment||N/A||N/A||N/A|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$21,284||$21,549||$28,262|
|Total Monthly Payment||$21,409||$21,674||$28,387|
* 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.