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Presented by
Emily Fitzgerald |
Comprised of 2 parcels, this property boasts over 60 acres of land. With roughly 90% of the property being made up of improved pasture, this property boasts several opportunities. Currently being used for cattle, the property is completely fenced and features a nearly 2-acre pond. The neighboring properties are part of an equestrian neighborhood with lots ranging from 2-10 acres in size. With some additional fencing, this property could easily be transitioned to suit equestrian needs. In addition, the property is minutes from thousands of acres and miles of public riding trails. This location is approximately 1 hour from the World Equestrian Center. The property layout could also work great for multiple homesites with the potential to subdivide even further. The property is currently zoned Agricultural with a Future Land Use of RLC (Rural Community). Rural community future land use can allow for a density of 1 dwelling per 1-5 acres. Whether it’s for recreational, residential, or investment. . . this property checks a lot of the boxes. The property boasts over a mile of road frontage split between S. R. 40 (Paved) and St Johns River Rd (Dirt Rd / county maintained). This location also puts you within 1 mile of the St Johns River and public boat ramps. Utilities are available and are located along the property line. Call today for more information or to schedule a private showing.
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Our Executive Mortgage Banker:
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$1,250,000
Sales Associate
William Raveis Real Estate
Phone: 203.802.8401
Emily.Fitzgerald@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
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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 | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,678 | $5,996 | $8,304 |
| Total Monthly Payment | $5,803 | $6,121 | $8,429 |
* 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.