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Set on approximately 2. 22 acres with agricultural zoning, this thoughtfully maintained property at 5204 69th Street East, Palmetto, Florida offers a refined balance of country living and modern convenience. Surrounded by open space, the property provides privacy and flexibility while remaining conveniently located near Interstate 75, allowing for efficient commuting and regional access without sacrificing a peaceful rural setting. The agricultural zoning permits residential use along with additional allowable uses, making this an ideal opportunity for those seeking space and versatility. The acreage offers ample room for storing all of the toys: boats, trailers, and equipment, with the potential to add a barn or other like structure. A 12 x 32 shed is situated on a concrete slab with additional space for an RV as the hookup is already in place. This is just one of the two RV hookups currently on the property. Outdoor amenities include an above-ground pool installed partially in-ground, a screened front porch, and a spacious rear lanai measuring approximately 30 x 26 feet, creating inviting areas for outdoor living and entertaining. Interior and structural features include tile flooring throughout, hurricane-rated windows up to 150 mph, Icynene attic insulation, and an irrigated front lawn. This property offers a unique opportunity to enjoy elevated country-style living with upscale features, flexible use options, and convenient access to major roadways.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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
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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 | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.007% | 5.952% |
| Monthly Tax Payment | $307 | $307 | $307 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,813 | $7,098 | $9,965 |
| Total Monthly Payment | $7,245 | $7,530 | $10,397 |
* 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.