What an amazing property and opportunity, located in a safe and secluded area! This beautiful brick home is located on almost three (3) acres of land and offers so many opportunities. The best country side is living in the calm of a well-dispersed neighborhood. Yet, you are in Melbourne, one of the best places to live in Florida, according to many magazines. The property is accessible through a majestic gate. It traces you, guiding you along a natural path to home. What beautiful and natural landscaping! All filled with majestic oak trees and an overabundance of huge bamboo trees, providing that calming sound as they follow the wind blowing and caressing their tops. Stopping to admire the beautiful stock pond in front of the property is inevitable, as it features docks on both sides and access to a small island in the middle. This stock pond was designed in range-land settings to serve as a water source for livestock. Enhancing existing stock ponds can result in improved water quality for livestock and the creation of wildlife habitat. There are ten (10) staghorn fern plants located in selected places around the home that are part of this property. The home boasts three bedrooms and three bathrooms with a high cathedral ceiling. The subterranean entrance provides a sense of grandiosity with its ample foyer and living room. The home is very well organized on a split plan, with the master bedroom on the right. This master bedroom also provides access to a Florida Key West office room that overlooks the nice wooded area, pool, and back of the home. The second and third bedrooms are located at the opposite end, with a bathroom that also serves as access to the pool. This screened-back porch is an ideal area to entertain and barbecue, with pavers all around the area. There is a transferable termite bond. The property has two septic tanks that underwent maintenance and pumping three months ago. Outside, there is a one-fourth-of-an-acre fenced-in area for dogs or other animals. A welcoming, extra-sized family room with a wood-burning fireplace conveys a sense of gathering and family atmosphere. The current owner has been making improvements to the property, with plans to finish some soon. The kitchen is ample and welcoming. It incorporates a granite countertop and real wood cabinets. There are two air conditioning units in the home. One small unit for the master bedroom and a larger unit for the rest of the home. The home has an oversized two-car garage, which also incorporates a half bathroom to "clean up" before accessing the home. The home offers hurricane shutters around the dwelling. This home can be ideal for many projects. The current proud owner runs his construction accessory business from here. Most of the equipment resides in a second detached garage. This second garage with matching brick construction has potential living quarters. This 1, 000-square-foot building can also accommodate an office, boasting two levels with a moving library-type ladder. This second building has water available as well. A must see for those wanting privacy, nature, and space!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,425,000
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 | $1,140,000 | $1,140,000 | $1,140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | $621 | $621 | $621 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,777 | $7,584 | $10,167 |
Total Monthly Payment | $8,523 | $8,330 | $10,913 |
* 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.