575 Alderman ROAD, Lakeland, FL, 33810 | $11,470,000

Under contract-accepting backup offers. If this land could talk it would tell you about the generations of love it has felt and helped grow. The long days working cattle, the sleepless nights raising babies, the brilliant sunsets and good morning kisses, the hours spent underneath the hood of a proud daddies truck, and the giggles of kids playing under the majestic branches of the old oak trees. In the heart of Lakeland Florida this beautiful 140 +/- ac ranch is ready to provide its next owner with endless opportunity and instant pride. Comprised of three individual parcels that lie yards away from the County Line Rd, exit 25 off Interstate 4, offers an easy commute west to Tampa or East to Orlando. The property features a stunning 4 bedroom, 3 bathroom, office, custom Ernie White pool home with nearly 4000 sq feet of incredible upgrades everywhere you look. The gourmet kitchen boasts level 4 quartz countertops, stylish black all-wood cabinetry, high-end stainless steel appliances, and a substantial island perfect for family gatherings. Relaxation is only steps away with the spa-like master bathroom and resort-style saltwater pool with fantastic outdoor living/kitchen space. The grandness of the home is highlighted by the wood beamed 10 ft tall ceilings, 5 paneled wood doors, and wide planked wood-look tile flooring. The builder used the best materials and construction methods to create a strong, safe, and energy-efficient paradise. Additional features of the home are: Hardie Board and stone exterior siding, gas options for kitchen, pool, and dryer, impact-resistant windows, upgraded insulation, whole home generator, and so much more! Every great ranch needs a barn, or two! The main barn/workshop is extremely flexible in use, built to last, and is very functional! The 60X40 metal barn has a 20X60 lean-to on the front, 50 amp RV hook up, 3 large garage bay doors, 6in concrete slab, water, power, 12X12 attached enclosed storage/well room, and plumed for a full bathroom! For equipment, feed, RV, or toy storage, there is a convenient 30X40 pole barn on the property as well. The land is a true representation of old Florida. Perfectly placed grandfather oaks, palm trees, creeks, and lush grasses make the pastures perfect for grazing. Fenced for pasture rotation and set with functional cow pens, the property is ready to continue to support a successful agriculture business. For the savvy land buyer, take note of the existing future land use of residential, and the massive potential of the front 20 acres. Yards away from the booming industrial and commercial area of Swindell and County Line Rd, the font parcel could be a potential gold mine!!!! Whether you are an investor or a rancher, the function, history, and future of this land is exceptional.

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Style: Craftsman
  • Year Built: 2019
  • Garage: 6-car Boat, Driveway, Garage Faces Side, Guest
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,827
  • Acreage: 140
  • Est. Taxes: $311
  • Lot Desc: Farm, Greenbelt, Landscaped, Pasture
  • View: Park/Greenbelt
  • Elem. School: Medulla Elem
  • Middle School: Kathleen Middle
  • High School: Kathleen High
  • Pool: Salt Water
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Softener
  • MLS#: W7855194
  • Days on Market: 74 days
  • Website: https://www.raveis.com
    /eprop/W7855194/575aldermanroad_lakeland_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 12/4/2024 2:05:05 PM)
Listing courtesy of FLORIDA CRACKER PROPERTIES   Phone: 352-345-8151

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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

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575 Alderman ROAD, Lakeland, FL, 33810

$11,470,000

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 $9,176,000 $9,176,000 $9,176,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.750% 6.664%
Monthly Tax Payment $26 $26 $26
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $58,755 $58,755 $79,933
Total Monthly Payment $58,906 $58,906 $80,084

* 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.