4031 S Old Floral City ROAD, Inverness, FL, 34450 | $1,100,000

Under contract-accepting backup offers. 69. 66 ACRES OF HEAVILY WOODED AREAS, TRANQUIL PONDS, AND A LITTLE GRAZING AREA. CLOSE TO THE WITHLACOOCHEE STATE ENJOYMENT TRAIL, TWO MILES OR SO FROM INVERNESS CITY LIMITS, AND A LITTLE MORE THAN AN HOUR AND A HALF TO DOWNTOWN TAMPA OR ORLANDO AIRPORT.
For the first time in over 100 years this 6th generation estate is being offered for sale! This 69+ acres is full of history, memories, and love. Located across the street from Ft. Cooper State Park. Ft Cooper State Park was also once part of the original 300+ acre family property, where Sally Rooks Bellamy watered her garden from the (at the time) spring fed Lake Ft Cooper while Crawford Bellamy broke horses for the US Army in WWI and ran an open-range cattle ranch. The original homestead is still on the property. It still gives you an insight of what old Florida was like. Although it is not habitable, it is something to cherish and appreciate. The old homestead was replaced by Bill Cook and Grace Bellamy McComb who built this 1176 sqft. home featuring 3 bedrooms and 2 bathrooms in 1976 and currently serves as the property's residence. This home has had several upgrades to include kitchen cabinetry, appliances, and roofing. The home features a gorgeous large kitchen with plenty of counterspace and cabinets galore. Separate formal dining room is convenient to the kitchen and living room. Speaking of which, the spacious living room offers just the thing to set the ambiance for a Holiday get together. Being constructed of concrete block and metal roofing is another advantage of this property.

Prime location with plenty of privacy while still not too far from to shopping, restaurants, hospitals, and all the conveniences of living close to town. Enjoy peaceful country living. Hurry as this property won’t last long. Beautiful scenic landscape, close to major roads that connect you to shopping, entertainment, hospitals & beaches, yet far enough away to enjoy the private Citrus County countryside. Properties like this don’t come around very often, so act today as this will not last long. MOTIVATED SELLER!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Year Built: 1976
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,176
  • Acreage: 69.66
  • Est. Taxes: $1,704
  • Lot Desc: Oversized Lot, Private
  • View: Trees/Woods
  • Appliances: Range, Refrigerator
  • MLS#: W7858048
  • Days on Market: 393 days
  • Website: https://www.raveis.com
    /eprop/W7858048/4031soldfloralcityroad_inverness_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 11/8/2024 2:38:28 PM)
Listing courtesy of SOUTHLAND PROPERTIES GROUP II   Phone: 352-600-8543

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4031 S Old Floral City ROAD, Inverness, FL, 34450

$1,100,000

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 $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.406% 6.762% 6.830%
Monthly Tax Payment $142 $142 $142
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,708 $5,635 $7,726
Total Monthly Payment $5,975 $5,902 $7,993

* 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.