This Sarasota ICONIC equestrian facility is now available! This property is perfect for a private horse farm or equine training facility, offering a fantastic opportunity to build your dream home with QUE zoning and agricultural allowances for horse breeding. You can also explore various business ventures on site. The property features a large show barn with 19 stalls and there’s potential to add more. It includes a newly renovated bathroom, a small kitchen with washer and dryer, 2 spacious tack rooms , office and a generous 12 x 24 lounge. Additionally, there is a fenced arena with excellent footing and an oversized round pen all set among beautiful oak trees, and a pond. This unbeatable location is a must see located just 10 miles East past I 75 and directly across from the new Lakewood Ranch! Only 10 minutes from Terranova Equestrian center, as well as minutes from the new world class 530 acre golf course community Soleta ! This property features over 100 feet of Road frontage right on FRUITVILLE Road , Think of all the possibilities ~ horse boarding, dog boarding /daycare facility, this would make an excellent wedding venue! Or hold on for future land rezone ! This property is 2 separate 5 acre parcels being sold together for a total of 10 acres! The possibilities are endless! Whether you are a horse lover, a investor or someone seeking to build a private estate this unique property Will not disappoint! Conveniently located to Shopping, dining, renowned beaches, downtown Sarasota and top rated schools. Call today to see this AMAZING property
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,480,000 | $1,480,000 | $1,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 6.865% | 6.726% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,233 | $9,599 | $12,892 |
Total Monthly Payment | $9,358 | $9,724 | $13,017 |
* 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.