|
"High Prairie Oaks" is a 10-acre property consisting of a 660-foot square property located in eastern Charlotte County just off SR-74 in Golden Ranches Subdivision. This property is on the high plain prairie of eastern Charlotte Co. where history flourishes. These are the plains of the Conquistadors, the artist Frederick Remington, cattlemen and cattle Baron Bones Mizell, the tall and treacherous Calusa Tribe of Ponce de Leon fame and our first cracker settlers of the early 1800’s. The same pioneers who gave their all to gift this country to us.
This is absolutely one of the "Best or Nicest Properties of its size along SR74 that is zoned Agriculture and for sale at this time. This is the first time in many years this property has been offered for sale. One of the great benefits of this offer is the location! The 10 acres is about 600 feet north of SR74 and as a result this highway provides you with quick access to the east coast via US27 at Palmdale or on the west coast via US17, US41 or Interstate 75 to Naples, Sarasota, Orlando and beyond. Shopping and drug stores are nearby either in Punta Gorda at US17, in Arcadia at SR70 or in Fort Myers at SR78; each about a 30-minute drive from the 10 acres.
The parcel, native unimproved agriculture land, consists of scattered pines and oaks along with a few cabbage trees making it a perfect location to enjoy the east county prairie life. Imagine a weekend retreat or cabin here…providing a few days of quiet and peaceful enjoyment away from the city life. The area has an abundance of wild game especially turkey, deer and hog. The neighboring ranches raise row crops, citrus, etc. which draws the native life to the general area. A packing house west of the property can attest to vegetables being quite an attraction for wildlife. Nearby are State of Florida game preserves, reservations of lands for all types of recreation including bicycling, hiking and fishing and hunting. One access point is just 3 Miles west of the property on the south side of SR74 at Chiquita Drive which accesses the Babcock Ranch Preserve.
There are two Wildlife Management Areas/Units in Punta Gorda, and they are FC Babcock-CM Webb Wildlife Mgmt. Area and the Yucca Pens Unit on South US41. There is 660 ft. of road frontage on Eugene Drive, a private marl road. The soils are Pineda fine sands and a small parcel of Winder fine sand with the natural drainage southward toward the highway. The Pineda is a good soil for cattle or crops. The area consists of small farms, groves, ranchettes & undeveloped parcels owned by mostly out-of-state property owners. There are no deed restrictions. The only limitations are prescribed by AG zoning, which permits all uses under the description & low-density residential or one home per parcel. There is an electric service south of the property on SR74 and north of the property on Eugene.
The elevation is about 58-59 ft. elevation. To build a home or cabin, a septic & well will be required. In east county, mother nature welcomes you with vast colorful sunrises & sunsets that make you need a camera at all times. The summer rainstorms are colorful and exciting, demonstrating nature flexing its strength and power. The stars, rarely visible in the city, appear each night as a special occasion. Here is east county “Country Television” is on all the time.
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:
$214,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $171,200 | $171,200 | $171,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,054 | $1,081 | $1,422 |
| Total Monthly Payment | $1,129 | $1,156 | $1,497 |
* 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.