375 & 311 County Road 720, Clewiston, FL, 33440 | $2,800,000

We are pleased to present a 35. 75 Acre residence in Hendry Co with TWO HOMES on separate parcels, Zoned Rural Residential. This Ranch (formerly used for animal pastures & nurseries) is seconds away from US Hwy 27 and is less than 2 miles from all conveniences within the City of Clewiston. Beyond the gated entry, the interior road leads to the principal home (on 35. 10 ACRES), a concrete pad ideal for a barn, the second home (on . 65ACRE), and the entry of a palm tree farm (which lines the south side of the property). The main home has custom wood cabinetry, flooring & trim as well as unique ceramic tile design elements that perhaps can be RESTORED to their former elegance. This is a 4302 SF 4 bedroom, 3 bathroom 1950's styled home with Central A/C, well water & septic system, metal roof, cathedral ceilings, patio room extension with concrete floor, carport, and detached 2 car garage. The second home (3 Bedroom, 2 bath, 2432 SF under A/C) has a spacious front porch with views of the live oaks and a back yard screened in patio with the view of surrounding pastures. This is a 1986 CBS home with shingle roof tiles, also with well water & septic system. Both homes have fire places & have full potential to achieve rustic farm house allure with your talented TLC. Gross area SF 6356. Tree Farm remains income producing. Property is fully fenced & is ideal for hunting, recreation and HOBBY FARMS. Qualified Opportunity Zone (QOZ). Call today for your visit. Se habla Espanol.

Features

  • Zoning: RR Rural Residential
  • Lot Desc: 25-50 Acres
  • MLS#: A12028312
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/A12028312/375and311countyroad720_clewiston_fl?source=qrflyer
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Listing courtesy of Antonio Perez PA   Phone: 863-983-1012

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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305.922.5393

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Our Insurance Division:

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375 & 311 County Road 720, Clewiston, FL, 33440

$2,800,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,240,000 $2,240,000 $2,240,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.312% 6.361% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,250 $13,792 $18,902
Total Monthly Payment $13,375 $13,917 $19,027

* 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.