Over 17 Acre Rare Property Offering. Direct SR 70 frontage lot with approx. 638 feet of road frontage. Lot is zoned Agriculture with many commercial use potentials. Lot is very uniform and symmetrical in shape. Lot is in extremely high growth area with thousands of new homes being built in the surrounding developments of Lakewood Ranch and Myakka City. Major growth pushing east on SR 70 include road widening and 7 new roundabouts to keep traffic flowing. This corridor is exploding and ready for your ideas to capitalize on the potential customer base. Property could also be a legacy estate/family compound with no HOA restrictions. Come design, build and bring your dreams to life. Property has a power pole and 5inch over sized well in place for use.
7905 241st STREET E, Myakka City, FL, 34251
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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