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“The Cracker Camp" is a native 10 acre parcel in eastern Charlotte County fronting on SR74 and on Kelvin Avenue. Kelvin is a marl/dirt road that provides access along the west side of the property. The property is zoned Agriculture, a low-density zoning which permits many uses. This property can be "a place to just get away" and enjoy rural life. Currently there is a seasonal pond in the northeastern area of the 10 acres. The pond area appears to have been mined years ago…possibly when the roads were built when the subdivision was developed. The property demands you know and understand the nature of SW Florida during each season of the year as recreation and the agricultural, residential uses of the property would be based on adjusting to the season of the year and the uses permitted by government. A great side benefit to owning this property is access to the Babcock Ranch Preserve just 2. 7 miles west of the property. Babcock Ranch Preserve provides over 67, 000 acres of recreational state lands for nature lovers, hiking, hunting and horseback riding. Search Babcock Ranch Preserve for more details. In Golden Ranches there are opportunities for ATV’s, motor bikes in the area depending on the time of the year. The location provides the opportunity to see native wildlife, ride on your favorite off road vehicle or do whatever the season permits. Riding off road vehicles on the internal roads requires immense caution and safety considerations. Use of off road vehicles can require road repair if used improperly, Reason is that these roads are used by automobiles. This area offers peaceful surroundings where folks who desire the same lifestyle and relish the rural life. There are no sheds or buildings on the property, however the zoning of Agriculture will allow a pole barn, metal sheds and buildings. Being agriculture, no permits are needed to construct AG buildings to store or house equipment for the property. However, permits are needed when you install electricity and plumbing for electric service or a bathroom/kitchen. With a county permit, you could have your own pistol range. Elevation is at about 50 ft. There are no deed restrictions. This is in a vast 2 sq. mile area of small farms, ranchettes & undeveloped parcels owned by out-of-town or state owners. Limitations are prescribed by the AG zoning which permits all uses under the description including low density residential (1 home per parcel), conservation, agriculture, recreation and other uses consistent therewith. The purpose of the AG district is to provide areas for the establishment - continuation of agricultural type operations & uses…. accommodates those individuals who understand and desire to live in an agricultural environment of quiet privacy.
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NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $136,000 | $136,000 | $136,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.571% | 6.533% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $804 | $848 | $1,102 |
| Total Monthly Payment | $879 | $923 | $1,177 |
* 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.