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Under contract-accepting backup offers. Discover an extraordinary opportunity to own a slice of paradise along the stunning banks of the Peace River. This remarkable property boasts approximately 227 feet of scenic river frontage. Spanning 2. 57 acres, this parcel is a picturesque haven filled with towering oak trees, lush vegetation, and the rich sounds of wildlife. The natural landscape is alive with the sights and sounds of Florida’s vibrant ecosystem, offering a serene atmosphere perfect for relaxation and connection with nature. This expansive lot provides ample space for you to bring your dreams to life—whether you envision constructing your ideal home, cultivating a charming garden, or even starting a small farm. The freedom to explore your options here is a rare find, and the possibilities are as limitless. The property is zoned for agricultural use, offering additional opportunities for sustainable living. Essential utilities, including a well and electricity, are already available on-site, making the development process smoother and more convenient. The estimated dimensions of the parcel are 165 (Road Frontage) x 600 x 227(River Frontage) x 775, but buyers should be aware that a new survey will be necessary to verify these measurements. For specific inquiries about building permits, zoning regulations, or other requirements, prospective buyers are encouraged to contact Desoto County. Shipping container and camper come with the property. Imagine spending your days casting a line for fish, paddling a canoe down the tranquil waters, or exploring the vibrant surroundings on a kayak. With its idyllic setting, this property truly embraces the essence of outdoor living and reconnection with nature. Conveniently located just one hour from Sarasota and its exquisite beaches, you can have the best of both worlds—the peaceful rural lifestyle and easy access to coastal relaxation. Don’t miss out on this exceptional piece of land in Arcadia, FL. This property is more than just a plot of land; it’s an invitation to create a lifestyle filled with adventure, tranquility, and the natural beauty of Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$145,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $116,000 | $116,000 | $116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $733 | $772 | $979 |
Total Monthly Payment | $808 | $847 | $1,054 |
* 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.