5202 Shepard LANE, Polk City, FL, 33868 | $460,000

Welcome to this magnificent property nestled in the charming town of Polk City, Florida. Situated on almost 5 sprawling acres, this listing offers a unique blend of natural beauty, accessibility, and limitless possibilities.
As you approach the end of the dead-end road, you are greeted by the tranquility of the surrounding landscape, adorned with majestic and mature oak trees. The property exudes a sense of serenity, providing a private and peaceful oasis for you and your loved ones.
The main residence features five spacious bedrooms and three full bathrooms, offering an abundance of space for a large or growing family. The thoughtful design of the home ensures comfort and convenience, with attention to detail evident in every room. The interior boasts a warm and inviting atmosphere, complemented by natural light streaming through many windows, creating a harmonious blend of indoor and outdoor living.
One of the standout features of this property is the fully accessible mother-in-law suite, specifically designed to accommodate those with mobility needs. This suite provides a safe and comfortable living space, complete with all the necessary amenities and features to ensure independence and convenience.
Stepping outside, you'll discover a verdant landscape with an option for a vegetable garden, ready for you to cultivate and enjoy. An efficient irrigation system ensures that your garden thrives, while you indulge in the joy of homegrown produce. With ample space and fertile soil, this property offers the perfect opportunity to embrace sustainable living and grow your own organic food.
The possibilities for this property are truly endless. Whether you envision a charming hobby farm with chickens and horses or seek to create an outdoor paradise, you'll find all the space and resources needed to bring your dreams to life. The expansive acreage provides plenty of room for equestrian facilities, barns, or any other additions you may desire.
Situated in Polk City, you'll enjoy the benefits of a close-knit community while being conveniently located near essential amenities. The town's charm is accentuated by its proximity to stunning natural attractions, including numerous lakes, parks, and outdoor recreational opportunities. Additionally, easy access to major highways ensures that you're just a short drive away from the vibrant city life of nearby such as Orlando or Lakeland.
Don't miss the chance to own this remarkable property, where nature's beauty meets modern comfort. Come and explore the endless potential that awaits you in this exceptional Polk City retreat. Call today for a showing. At this price point it won't last long!

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1980
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,080
  • Acreage: 4.87
  • Est. Taxes: $5,790
  • Lot Desc: In County, Oversized Lot, Street Dead-End, Unincorporated, Zoned for Horses
  • View: Trees/Woods
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: T3459864
  • Days on Market: 432 days
  • Website: https://www.raveis.com
    /prop/T3459864/5202shepardlane_polkcity_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 5:17:11 PM)
Listing courtesy of Real Broker LLC   Phone: 407-279-0038

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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5202 Shepard LANE, Polk City, FL, 33868

$460,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $368,000 $368,000 $368,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $483 $483 $483
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,479 $2,446 $3,103
Total Monthly Payment $3,036 $3,003 $3,660

* 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.