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3. 51-Acre Fruit Farm Paradise on Pine Island in Bokeelia!! Located just off Stringfellow Road in Bokeelia on the beautiful Pine Island, this 3. 51-acre property offers the perfect blend of island living and agricultural opportunity. Whether you're looking to build your dream home or start a thriving fruit farm business, this property provides everything you need for a peaceful, productive lifestyle.
The property is conveniently situated close to Pineland Marina, Alden Pines Golf Course, a fishing pier, local restaurants, and the Wholesale Fruit Market. Enjoy the quiet, serene surroundings of Pine Island while still being just minutes away from key amenities.
This land features over 100 mature Lychee trees, currently selling for 9 per pound, as well as Longan, Mango, Banana, Jackfruit, Persimmons, Jujube, Sugar Cane, and Star Fruit trees. The agricultural exemption for this property offers lower property taxes, making it a smart investment for anyone interested in farming.
In addition to the orchard, the property comes equipped with a shed, a pergola, an irrigation system, a well, electricity, and access to city water (just needs to be hooked up). There is ample space to build your dream home while maintaining your orchard, or you can take advantage of the possibility to convert the land to commercial zoning for future expansion.
Across from a beautiful residential area with large lots, this property provides both privacy and growth potential. Whether you want to live the island dream or create a successful agricultural business, this property offers endless possibilities.
Don’t miss out on this rare opportunity to own a piece of paradise on Pine Island. Contact us today for more details and to schedule a tour!
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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 | $319,600 | $319,600 | $319,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,994 | $2,100 | $2,675 |
Total Monthly Payment | $2,069 | $2,175 | $2,750 |
* 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.