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*Rare Investment Opportunity: Embrace the Essence of Old Florida**
Welcome to Pine Island Ranch! Nestled in the heart of Florida’s picturesque countryside, where neighbors are few and far between.
This expansive 27. 5 acre property presents an exceptional investment opportunity for those with a vision to transform this once loved property into a showplace!
The main home is a 3/2 and was custom built in 1989 with a split plan design offering a spacious master with large en suite. There is also an additional oversized bonus room with exterior access that could be used for a game room, 2nd living area, or home office. This home has great bones and a fantastic layout, it just needs your imagination, creativity and work to bring it back to life!
Beyond the main house is a detached three-car garage featuring a convenient mother-in-law suite—ideal for guests or extended family members seeking their own space while still being close to home.
This unique offering presents endless possibilities: whether you're looking to establish a thriving farmstead, create an equestrian retreat, or simply enjoy country living at its finest—this property can be tailored to suit your vision!
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:
$797,500
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 | $638,000 | $638,000 | $638,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.303% | 6.510% |
Monthly Tax Payment | $109 | $109 | $109 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,033 | $4,298 | $5,470 |
Total Monthly Payment | $4,234 | $4,499 | $5,671 |
* 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.