30 acres of excavated agricultural land with a metal post frame 4000 sq ft building and paddocks which is already connected to electric and water/sewer. This unique opportunity is only 12 mins from Lakewood Ranch and offers the ability to build your dream barndominium or custom home.
With fresh running water from Myakka river, a fresh pond and 800 ft of road frontage to Clay Gully Rd, The property is split into two rectangular lots (being sold as one) with the opportunity to farm the land or lease it out.
The fenced property can support a wide variety of agricultural animals.
The building comes equipped with 6 roller bays, a mezzanine, a full bathroom and a custom wood workshop. It would not take much to turn this beautiful building into your dream home with sweeping views of the surrounding 30 acres of cleared land.
For horses and cattle, the property has a great water access and there is the opportunity to lease the land to nearby farms.
If you don’t want to build, you could use the barn for vehicle storage, a workshop, farming equipment, horses or even a farm shop (subject to permits). Clay Gully road is only a short drive to Fruitville road and Lakewood Ranch and will no doubt continue to develop over the coming years.
This is an opportunity not to be missed in one the most sought after locations in the United States. 15miles to I-75, 5 miles to Fruitville and 30 mins to downtown Sarasota.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,007 | $6,745 | $9,275 |
Total Monthly Payment | $7,132 | $6,870 | $9,400 |
* 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.