Spacious 3-Bed, 2-Bath Ranch-Style Home on 5+ Acres in Frostproof, FL – Across from Lake Reedy!
Welcome to this stunning 3-bedroom, 2-bath ranch-style home, offering 2, 557 sq ft of comfortable living space in the serene and picturesque town of Frostproof, FL. Located directly across the road from beautiful Lake Reedy, this home provides the perfect balance of rural charm and modern amenities.
Enjoy a bright and airy open floor plan, featuring custom woodwork throughout. The spacious living areas are perfect for entertaining or relaxing with family. The home includes a bonus air-conditioned room, perfect for a man cave, complete with a bar for hosting guests.
Updated & Ready: Recently updated with a brand-new roof on both the main home and barn, complete with a transferable warranty for peace of mind. The attic features two closed-in, air-conditioned rooms, ideal for extra storage, a playroom, or an office. This property includes a large barn previously used for horse stables and a wood work shop. Perfect for storage, hobbies, or livestock, this spacious barn is ready for whatever you envision.
The 5+ acres include a fully fenced yard with a garden area featuring blueberries, lemons, blackberries, muscadine grapes, raspberries, and even pineapples, offering fresh, homegrown produce. Enjoy the peaceful surroundings with a wooded view, and plenty of space for outdoor activities or expansion.
This property, located on a paved road, combines natural beauty with modern upgrades, creating an ideal haven for those looking to enjoy country living without sacrificing convenience. Don’t miss your chance to own this unique gem in the heart of Frostproof, with Lake Reedy just steps away!
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $519,200 | $519,200 | $519,200 |
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 | $505 | $505 | $505 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,454 | $3,411 | $4,379 |
Total Monthly Payment | $4,051 | $4,008 | $4,976 |
* 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.