9077 SE Highway 31, Arcadia, FL, 34266 | $575,000

Awesome property fully fenced and NO FLOOD INSURANCE REQUIRED!! Four-bedroom, two-bath home with a 49’ x 58’ barn/workshop located on a 14-acre secluded parcel. The home features an open floor plan, with a bay window in the living room and French doors in the dining room providing plenty of natural light. The kitchen’s high end appliances are less than three years old, and cooking on a six-burner gas stove is a dream. The kitchen is wired for an electric range if you prefer. A large island gives plenty of room for two chefs in the kitchen. The split floor plan allows privacy in the master bedroom suite. A bonus room, currently used for an office, could be a fourth bedroom. The inside laundry room is tucked away in the bonus room. An open lanai spans the entire back of the home, providing a great place for morning coffee, spending lazy afternoons in the shade of towering bald cypress trees covered in romantic Spanish moss, or watching the multitude of birds over the pond. Solar panels on the metal roof will assure you lower electricity bills, less than $100. 00 monthly with a refund from FPL at year end for electricity sent to their grid. Electric panel is wired for a generstor. An eighteen-inch well with a pump and PTO is located at the rear of the property. Add a sixty HP power unit or tractor and you’re in business. Wanting a dream workshop? Check out the fully wired shop set up for those important projects. Seven acres at the front of the property provide privacy from Highway 31, and seven acres to the rear of the property contain a one-acre stocked pond and numerous orange and tangerine trees. Looking for a mini farm? Check out the chicken house and fully fenced cleared pasture for horses or cows. Call today for your private tour.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1982
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,211
  • Acreage: 14
  • Est. Taxes: $3,179
  • Lot Desc: Pasture
  • View: Trees/Woods, Water
  • Elem. School: Memorial Elementary School
  • Middle School: DeSoto Middle School
  • High School: DeSoto County High School
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: A4629220
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/A4629220/9077sehighway31_arcadia_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 11/22/2024 12:16:22 AM)
Listing courtesy of RE/MAX SUNSHINE   Phone: 239-790-1177

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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9077 SE Highway 31, Arcadia, FL, 34266

$575,000

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 $460,000 $460,000 $460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $265 $265 $265
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,060 $3,057 $3,879
Total Monthly Payment $3,417 $3,414 $4,236

* 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.