Discover the charm of country living on these two parcels totaling 20. 15 acres, ideal for various agricultural pursuits such as farming, and raising livestock or horses. The fully fenced property WITH MINERAL RIGHTS offers unique seclusion and NO DEED RESTRICTIONS, surrounded by mature oaks and pastures, providing a peaceful environment to enjoy wildlife sightings and stunning sunsets. Conveniently located just 20-25 miles from downtown Sarasota and Lakewood Ranch, the well-maintained compacted shell road from Singletary to River Road is scheduled for paving in 2026 and is an easy 3. 8 miles from Singletary to the property's gate. The property is equipped with three wells (including one for residential use), electricity on both parcels and four stalls for your animals. The property also benefits from twice weekly garbage collection, improving the rural lifestyle. Properties of this size in Myakka City are rare, so act quickly to secure your dream homestead, the possibilities are endless!
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,410 | $4,298 | $5,924 |
Total Monthly Payment | $4,502 | $4,390 | $6,016 |
* 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.