11350 Old Grade ROAD, Polk City, FL, 33868 | $700,000

25 Acre Farm less than 2 miles to I-4 in quiet Polk County. Numerous upgrades have been made to the property. The home on the property is a historic gem nestled in the heart of serene countryside living. This 3 bedroom, 1 bath home boasts timeless Southern charm making it perfect for those seeking a tranquil escape or a unique development opportunity.
The property has been cleared, fenced and cross-fenced and the pastures seeded. This is the perfect spot for your cattle or convert the 40’x 80’ pole barn (recently installed for $26, 000) to 10-12 stalls for your horses. There was an arena on the site and the clay remains so you could easily create another arena.

The home features newer carpet and tile (2021), newer kitchen appliances (2021), and newer master bathroom (2020). The property has two wells (the back well is new, $8, 500), new water softener, 2 small ponds and a new 14-ton grain silo ($8, 500), catering to agricultural endeavors. An internet tower with fiber optics (installed for $8, 000) ensures connectivity for both the home and the separate 16X24 air-conditioned office that could be a guest room (recently remodeled for $15, 000), providing an ideal setting for remote work or a private retreat.

Revel in the Florida lifestyle with a picturesque setting. There’s a carport that is being used as a screened recreational room.

The property offers equestrian possibilities, allowing you to ride horses or ATVs across the expansive grounds. The absence of an HOA provides the freedom to shape the property to your dreams and desires. With easy access to I-4, it’s just minutes away from the attractions, shopping, and restaurants, blending the allure of country life with modern conveniences. This unique estate presents an amazing opportunity to experience farm life, embrace the beauty of nature, and create your own paradise in the heart of Florida. Don’t miss the chance to own this one-of-a-kind property that seamlessly blends history, functionality, and the allure of the countryside.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: Inside
  • Style: Ranch
  • Year Built: 1918
  • Garage: Guest, Off Street, Open, Oversized
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,441
  • Acreage: 25.34
  • Est. Taxes: $4,594
  • Lot Desc: Cleared, Farm, In County, Level, Pasture, Unincorporated, Zoned for Horses
  • View: Trees/Woods
  • Pet Policy: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Water Softener
  • MLS#: O6161270
  • Days on Market: 283 days
  • Website: https://www.raveis.com
    /prop/O6161270/11350oldgraderoad_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 11/8/2024 4:02:19 PM)
Listing courtesy of CENTURY 21 CARIOTI   Phone: 407-573-2121

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NMLS Mortgage Loan Originator ID 16953

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11350 Old Grade ROAD, Polk City, FL, 33868

$700,000

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 $560,000 $560,000 $560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.042% 6.160%
Monthly Tax Payment $383 $383 $383
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,726 $3,679 $4,723
Total Monthly Payment $4,201 $4,154 $5,198

* 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.