740 Petes LANE, Davenport, FL, 33837 | $985,000

One or more photo(s) has been virtually staged. SELLER FINANCING AVAILABLE!! Unlock your potential with our newly priced opportunity! Take advantage of our reduced-price and seller financing options to make your vision successful! Country living, city convenience: nearly 10+/- acres of pure serenity. This truly one-of-a-
kind property that redefines the concept of country living. Nestled on an expansive
A 9. 960-acre canvas of natural beauty, this estate stands out as a rare gem in the heart of
the area. While the house boasts three bedrooms and two bathrooms, the land steals the spotlight.
Imagine having this staggering amount of land at your disposal, an offering unlike any
other in the vicinity. The possibilities are seemingly endless as you explore the land,
encountering a massive 2, 000-square-foot shop equipped with its own power meters, a
well, and a septic system. Not one, but two entrances provide easy access to your New
Haven. Two serene stock ponds await, perfect for fishing enthusiasts or those seeking
a peaceful waterside retreat. The mature landscaping, adorned with fruit trees, adds an
inviting touch to this already idyllic setting, and there's even room for the new owner to
build their dream home. A brand-new no-climb fence encircles the property, ensuring
your privacy and security. Ideal for horse lovers, this estate offers a unique opportunity
to create your equestrian paradise, with ample space to ride and roam.
Step inside the existing three-bedroom, two-bath primary residence through the covered
front entrance to find durable and high-quality LVP hardwood flooring, ample light, and
neutral wall tones ushering you in. At the heart of the home, the kitchen offers solid
wood cabinetry, a center island, and stainless-steel appliances, setting the stage for
culinary adventures to come. Dine in the adjoining dining area or step outside, and a
backyard stone paver patio awaits, offering scenic views of the vegetable garden, where
you can cultivate your fresh produce. Tend to livestock, wander the grounds, or
take in the natural surroundings as you embrace this gorgeous setting. Though
set apart, this property offers convenience and easy access to major expressways,
groceries, and healthcare facilities. From city lights to starry nights, your connected
country haven awaits.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Style: Traditional
  • Year Built: 1999
  • Garage: 6-car Boat, RV Garage, Workshop in Garage
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,275
  • Acreage: 9.96
  • Est. Taxes: $3,387
  • Lot Desc: In County, Landscaped, Oversized Lot, Pasture, Zoned for Horses
  • Pet Policy: Yes
  • Appliances: Microwave, Range, Refrigerator
  • MLS#: O6145377
  • Days on Market: 327 days
  • Website: https://www.raveis.com
    /eprop/O6145377/740peteslane_davenport_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/23/2024 6:35:57 AM)
Listing courtesy of YOUNG REAL ESTATE   Phone: 407-904-0069

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

740 Petes LANE, Davenport, FL, 33837

$985,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $788,000 $788,000 $788,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $282 $282 $282
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,788 $4,788 $6,650
Total Monthly Payment $5,162 $5,162 $7,024

* 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.