Make your move to country way of life with this 5. 20-acre property in highly sought after area of Myakka City! Mostly uplands with a small area of wetland. This high and dry parcel is ready for your dream home or a peaceful escape you can make your own. This parcel is all pasture and is accessed by a 25 foot easement across the home in the front. Just a few scenic driving miles from the amenities of Sarasota and also the Lakewood Ranch and Lorraine Road areas. Located only a couple of miles from the Sarasota County line. This parcel is being subdivided off of a larger parcel and has been in this family for years and it has been used recently for pasture and grazing cattle. It has 4. 81 acres of uplands with . 39 wetland area. Imagine gazing into the dark night skies to view the beautiful celestial lights and stars! There is 1 other 5 acre lot that is adjacent also. Located on the north of the home at 31301 Singletary Road. Residential and agriculture uses. Light deed restrictions to be recorded with the deed that no pre-manufactured or mobile homes could be built on these sites. Constructed homes only. Bring your horses and cattle to this lovely area. The new Myakka Village and Soleta Golf Club is currently in development just 1. 5 miles east of this property.
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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 | $207,200 | $207,200 | $207,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,396 | $1,377 | $1,747 |
Total Monthly Payment | $1,471 | $1,452 | $1,822 |
* 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.