The best of both worlds with endless opportunities. This beautiful 10-acre parcel is situated approximately 15 minutes to the Island of Venice and Venice Beach and 10 minutes to Fox Lea Farms. The property is being sold together with parcel ID 0395-01-4574. The total acreage of 10 acres reflects both parcels together. This large 435, 600 square foot lot is cleared, sits on a paved road, and features a meticulous equestrian barn, large dressage arena, round pen, 5 paddocks, and a 20 x 40 concrete slab for RV or boat parking. The land is zoned Open Use Estate with opportunities to build an estate home with a guest house or compound, and/or use the land for animal boarding, farm/produce stand, plant nursery, riding academy, animal hospital, pet resort, and much more with a special exception. The 10-stall equestrian barn is complete with rubber mats, auto reverse osmosis watering system, tack and feed rooms, washing stalls, an office complete with a bathroom and shower, and a metal roof. The large dressage arena is complete with a sprinkler system. Also included is a round pen, 5 paddocks, and loading fencing. The lot is gated at the front and surrounded by a wood fence on 3 sides and joins the neighbor’s concrete fence along the south. The location provides the best of both worlds: beach and land. Fox Lea Farms, located within a 10-minute drive, hosts various types of horse shows that attract competitors from all over the country and is listed as one of the top contributors to Sports Tourism in Sarasota County. The island of Venice, located within a 15-minute drive, offers the beach lifestyle and features a historic downtown with various dining options and boutique shopping. The new downtown Wellen Park, located within a 10-minute drive, features regular entertainment, various restaurants, and the new Atlanta Braves Spring Training facility. With quick access to I-75, there are excellent opportunities to the sophistication of Sarasota, as well as several airport options within a short drive. Buyer must be accompanied by a real estate professional with a scheduled showing. Copy and Paste the following link to view the luxury listing: https: //player. vimeo. com/video/938395838?h=ae34f2565c&badge=0&autopause=0&player_id=0&app_id=58479
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,890,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,512,000 | $1,512,000 | $1,512,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,807 | $9,557 | $13,171 |
Total Monthly Payment | $9,932 | $9,682 | $13,296 |
* 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.