Badminton Way # 6, Myakka City, FL, 34251 | $429,000

The Estates at TerraNova bring to life a place where equestrians of all levels can live, work and play on Florida's beautiful Gulf coast. With a world-class horse show facility, and over a thousand acres of premium land, TerraNova is the perfect hybrid of luxury equestrian living and family-friendly atmosphere surrounded by Florida's natural beauty. TerraNova is not just a residential development, it's a unique and high-quality Equestrian Center. Nestled along the charming Myakka River, the estates offer an unparalleled lifestyle with hacking trails under the canopied moss-laden oaks and riding distance to the equestrian center. Home sites range from 5 to 20 acres, providing ample space for your dream residence. Choose from three renowned builders, each offering distinctive styles and price points to cater to your preferences. Also available are architects and interior designers to ensure your home becomes a unique expression of your lifestyle needs. Construction is required to begin within 12 months of lot reservation. Minimum home size is 3, 500 sq. ft. plus barn. On-site boarding and training businesses allowed. Community features include three gated entrances; underground electric and high-speed internet; clubhouse with pool, gym, tennis, playground and event space; and bridle paths. Other facilities within TerraNova include TerraNova Feed & Fence, The Stables at TerraNova and Miakka Golf Course and Club (coming soon). TerraNova is conveniently located in close proximity to the cultural richness of Sarasota and Manatee counties with opera, theater, ballet and fine dining options. Build your ideal custom estate of winter farm. Train at a world-class facility. Compete at all levels. The ultimate equestrian experience awaits you at TerraNova.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Park, Playground, Recreation Facilities, Tennis Court(s), Trail(s)
  • Lot Size: 000
  • HOA Fee: $9,600 Annually
  • Lot Desc: Farm, Level, Oversized Lot, Pasture, Zoned for Horses
  • Pet Policy: Yes
  • MLS#: A4590369
  • Days on Market: 301 days
  • Website: https://www.raveis.com
    /prop/A4590369/badmintonway6_myakkacity_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 11/24/2024 7:47:06 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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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

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Badminton Way # 6, Myakka City, FL, 34251

$429,000

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 $343,200 $343,200 $343,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,283 $2,281 $2,943
Total Monthly Payment $2,358 $2,356 $3,018

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.