38473 Washington Loop ROAD, Punta Gorda, FL, 33982 | $419,000

HERE IS A VALUABLE AND RARE OPPORTUNITY TO HAVE YOUR OWN DIVERSE 11+ ACRE AGRICULTURAL PARCEL WITH A NEWER BARN/GARAGE LOADED WITH CONTENTS THAT HAS EVERYTHING YOU NEED TO START HOBBY FARMING RIGHY AWAY AND IT’S SET-UP TO LIVE OFF GRID.

Once you come through the gated entrance you go down 800 feet of crushed shell drive until you get to the barn/garage which was put up in 2020. It is built to withstand winds of 175 mph and did very well in hurricanes Ian, Helene, and Milton and did not experience flooding. The barn comes with tools and equipment such as a Rototiller, a zero turn mower and a 5’x8’ utility trailer! The barn also has an insulated, A/C break room that has all you need for your break from gardening to grab a cold drink, have something to eat or watch TV. It is comfortably appointed and fully stocked and has a 2 year supply of emergency food, an empty gun cabinet, sleeper sofa, table & chairs, refrigerator, sink & toilet area as the owner had public water hooked up & run to the property and a septic system! There’s an ARTESIAN well (no electric needed for that water!) And this ready to go, functional farm has new field fencing & posts all around, plus a corral and cattle shoot.

There is an overgrown trail that leads to the flowing brackish waters of Shell Creek, which meanders through the back of the property and includes a small dock and canoe for your nature exploring adventures. Shell Creek leads to the Peace River and the Charlotte Harbor. There are two boat launches nearby as well for your convenience.

Build your ideal home or bring your RV to hook up. The property is set up to be OFF grid. The building area of this lot is not in the flood zone and it’s not in the Scrub Jay protected area so you don’t have that expensive extra fees when building.

This diverse farm offers a mix of open pastures, provides ample gardening space (60’x40’), a small fruit orchard including a variety of young trees such as mango, pineapple, lemon and more and cleared pasture area of about 4 acres in the front and 3 acres in the back all with new field fencing with barbed wire.

The farm is an ideal setting for those looking to embrace a more sustainable lifestyle, fulfill the desire of gardening & farming, have some adventurous days while still being close to modern conveniences. Please view VIEDO of property.

It is close to I-75 and about 6 miles to downtown Punta Gorda.

Features

  • Lot Size: 195’ x 1285’ x 1403’ x 127’ x 2685’
  • Lot Desc: Buildable, Farm, Level, Pasture, Wetlands, Wooded
  • MLS#: C7499339
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/C7499339/38473washingtonlooproad_puntagorda_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 11/23/2024 11:32:07 PM)
Listing courtesy of ALLISON JAMES ESTATES & HOMES   Phone: 941-500-4922

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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38473 Washington Loop ROAD, Punta Gorda, FL, 33982

$419,000

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 $335,200 $335,200 $335,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,230 $2,228 $2,874
Total Monthly Payment $2,305 $2,303 $2,949

* 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.