15057 16th DRIVE E, Bradenton, FL, 34212 | $5,250,000

Under contract-accepting backup offers. LOCATION ~ LOCATION! Less 5 miles from I-75 ~ This Potential Horse Lover's Paradise Awaits! Option #1 ~ Spanning over 36 acres, this exceptional property offers an unparalleled opportunity for equestrian enthusiasts! With a prime location that combines the tranquility of rural living and the convenience of modern amenities, this is a dream property for anyone seeking a harmonious blend of nature and convenience of location. Enveloped by the natural beauty of Florida, this property is truly a serene oasis. Imagine waking up to the gentle sounds of horses and birds, surrounded by the tranquility that only wide-open spaces can provide. In addition to its potential of an equestrian facility, the property is also conveniently located near Lakewood Ranch and all its amenities, UTC Shopping Center, Costco, Lakewood Ranch High School, LECOM, TerraNova Equestrian Center, Rye Preserve Park is conveniently located a few miles down the road and the park includes 143 acres of horse riding and hiking, and only 2+ hours to Ocala. Option #2 ~ Purchase the property, keep the existing 16. 5 acre parcel to the east to build your dream home and sell the three (3) five-acre parcels that are already subdivided. Option #3 ~ Developers bring your creative side and build an exclusive development! Access to Bradenton, Sarasota, Lakewood Ranch, Tampa, Shopping, Beaches, Airports, etc. Current zoning is Agricultural with future use of Urban Fringe 3 (3 units per acre). Majestic oaks already in place, beautiful pastures and a lake. Preliminary studies have been done and will be available to the buyer! Location is less than 5 miles from the interstate, north of State Road 64 and Rye Road Roundabout. Total acreage is 36 acres which includes a 4 acre privately owned access road, 16th Drive. The property is a total of 5 parcels.

All 3 options provide tranquil surroundings that allow for a deep connection with nature ~ proximity to essential amenities while offering the privacy of rural living and/or potential for creating your dream lifestyle, whether for personal enjoyment or as an investment opportunity.

Features

  • Lot Size: 1
  • Lot Desc: Buildable, Corner Lot, Farm, In County, Interior Lot, Level, Near Public Transit, Oversized Lot, Pasture, Private, Street Dead-End, Urban, Wooded, Zoned for Horses
  • View: Park/Greenbelt, Trees/Woods
  • Elem. School: Gene Witt Elementary
  • Middle School: Carlos E. Haile Middle
  • High School: Lakewood Ranch High
  • MLS#: A4580727
  • Days on Market: 421 days
  • Website: https://www.raveis.com
    /prop/A4580727/1505716thdrivee_bradenton_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 11/5/2024 4:02:10 PM)
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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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15057 16th DRIVE E, Bradenton, FL, 34212

$5,250,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,200,000 $4,200,000 $4,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.876% 6.725%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $26,893 $27,241 $36,587
Total Monthly Payment $27,018 $27,366 $36,712

* 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.