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Nestled at the quiet dead end of NW Limestone Heights Street in Arcadia, this 161. 82± acre property offers the perfect blend of seclusion, functionality, and wide-open space. Surrounded by large private land owners and adjoining over 16, 000 acres of conservation, this property offers abundant wildlife and recreational opportunities. Currently an operational cattle ranch, this property features new perimeter fencing, cross fencing, and gates, designed for easy rotation and livestock management. There are 3 watering holes strategically spaced apart serving livestock and game, with the cow pens conveniently tucked under oak shade. The property also includes a 40’ x 20’ equipment shed and two small wells powered by solar powered pumps.
Zoned A-10, the property allows for one home per 10 acres, creating flexibility for future homesteads, family compounds, retreat centers, or investment potential. Despite its serene setting, the property is only minutes from downtown Arcadia, the Peace River Campgrounds, and just an hour from Sarasota, making it a rare blend of privacy and convenience. With growth on the horizon in DeSoto County and Arcadia, this property not only serves as a fully operational cattle ranch today but also holds strong long-term value for the future.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,734,758
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $2,187,806 | $2,187,806 | $2,187,806 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,117 | $13,471 | $18,462 |
| Total Monthly Payment | $13,242 | $13,596 | $18,587 |
* 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.