Florida "Cracker Island" is a native almost undisturbed 5 acre parcel in Golden Ranches, a 1, 200 acre rural acreage subdivision in eastern Charlotte County. Being “a cracker property” means the property is perfect as a peaceful retreat to be enjoyed to its fullest as typical Florida natives enjoy the land and the season of the year. It is "a place to get away…a hideaway. ” The land consists of a native prairie flora/fauna of oak, pine, and cabbage hammock-like land plus Florida wetlands. A mile to the south is a large cattle ranch and 1 mile to north of the tract is an abandoned orange grove. A mile to the west is an active orange grove. Often in the subdivision, the groves and ranches will be found wild hog, deer, turkey, and small game. Uses of the property in SW Florida is often based on what the season offers and during hunting season hunting is permitted on local state game and private preserves nearby off SR74. Access to the property is via the internal road system of Golden Ranches. The electric service is on the next street south & west. Each season of the year brings recreation and agricultural opportunities based on the season of the year. Experiences abound with many possibilities which can be view wildlife from your tree stand, set up game camera’s, limited primitive camping, your ATV, or your motor/off-road bikes on the parcel or in the general area on the dedicated roads. The 5 acres has a wetland trail crossing the property from SE to North. Most property in the area is owned by out of town owners and some owners have never seen their property but a few times. There are full time residents throughout Golden Ranches and their lifestyles must be honored because everyone cherishes the quiet of the general area. This is the property if you wish quiet, peaceful surroundings with folks who desire the same. When driving or riding here respect the roads and consider each intersection the possibility of meeting a neighbor or a guest at an intersection. There are no sheds or buildings on the property, however the zoning of Agriculture permits without a permit a pole barn, metal sheds and metal buildings. However recently the county has been curious about these buildings. The private dirt roads to the property are maintained by immediate owners and so any roadwork will be upon the buyer to work & keep the access roads in shape. Neighbors are not guaranteed to assist. There are no rules governing Golden Ranches Road maintenance. The elevation here is about 50 to 60 feet above sea level. There are no deed restrictions. Zoning is agriculture in Charlotte Co. The general area consists of scattered small farms, ranches & undeveloped parcels owned by out of state property owners. Limitations are prescribed by the AG zoning which permits all uses under the description including low density residential (1 home per parcel), conservation, agriculture, recreation, and other uses consistent therewith. The purpose of the AG district is to provide areas for the establishment - continuation of agricultural type operations & uses…. accommodates those individuals who understand and desire to live in an agricultural environment of quiet privacy. The seller asks that you please consult professionals when inquiring about the uses of this property.
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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 | $36,000 | $36,000 | $36,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $240 | $239 | $304 |
Total Monthly Payment | $315 | $314 | $379 |
* 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.