5157 NW Hidden Lake CIRCLE, Arcadia, FL, 34266 | $159,900

Looking for water front property? Here is a decent sized lot (2. 67 acres) with 230 feet on the Peace River. The lot is zoned A-10 so yes, you can have grazing animals. This location is tucked away from a lot of improved properties and traffic. The property is abundant with the normal wild life and birds etc. Beautiful trees thruout. You get to pick your own homesite and placement of your driveway ( there is 280 feet fronting on the road ) There are things you can do with/on your property based on Desoto County Regulations. There is no sitting HOA but County deed restrictions do apply. Buyer must contact Desoto County Buillding dept. with any questions on what one is or is not allowed to do on or with any properties. This also applies to any questions about being in a flood zone and the extent of that zone. This property will need a well and a septic Think of all the weekend or vacation fun that can be had for boating, fishing or just looking for fossils which are known to be found in the Peace River. This offering is easy size to maintain and priced easy too !!!

Features

  • Lot Size: 230 x 255 x 408 x 280
  • Lot Desc: Flood Plain, In County, Oversized Lot, Zoned for Horses
  • MLS#: C7488260
  • Days on Market: 194 days
  • Website: https://www.raveis.com
    /prop/C7488260/5157nwhiddenlakecircle_arcadia_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 11/14/2024 1:06:30 AM)
Listing courtesy of COLLINS MANAGEMENT   Phone: 863-494-6181

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5157 NW Hidden Lake CIRCLE, Arcadia, FL, 34266

$159,900

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $127,920 $127,920 $127,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $873 $850 $1,079
Total Monthly Payment $948 $925 $1,154

* 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.