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Nestled privately in the back of Tomoka Farms, this expansive 10-acre parcel offers a rare blend of development potential and natural serenity, backing directly to the tranquil Longleaf Pine Preserve. Accessed via a short span of dirt road—just long enough to enjoy the charm of rural living without the hassle of a lengthy drive—this property is perfect for those dreaming of a private retreat or estate. Bonus: the short dirt road also provides an ideal setting for horseback riding right from your doorstep.
A prior home on the property was removed leaving behind an existing well and electrical hookups, simplifying your plans to build or develop. Currently Zoned MH3, the parcel is a single 10-acre lot but has the potential to be divided into two generous 5-acre parcels, offering flexibility for your dream home. During previous hurricanes, the seller walked the property and noted that the previously built-upon area remained free of standing water—a testament to its practical elevation and drainage.
Surrounded by the untouched beauty of Longleaf Pine Preserve, this property delivers privacy and a deep connection to nature with wildlife strolling through the land, all while keeping you just minutes from Port Orange’s bustling shops, dining, and pristine beaches. Whether you envision a sprawling homestead with room for horses and gardens or a subdivided investment, this versatile parcel is a canvas waiting for your vision.
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Our Executive Mortgage Banker:
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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 | $539,920 | $539,920 | $539,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,368 | $3,547 | $4,484 |
Total Monthly Payment | $3,460 | $3,639 | $4,576 |
* 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.