NW Hwy 70, Arcadia, FL, 34266 | $2,500,000

325 Acres on Peace River for Sale. Can you imagine celebrating a holiday weekend with friends and family in the woods? You're surrounded by nature, free from the stresses of urbanization. It's a special treat reserved for only a privileged few.
But what if you could have this experience any time you wanted? What if you owned a large tract of land with the qualities and character of a true wilderness? This is your chance to invest in the great outdoors. Here are just a few of the benefits of owning this property:
You can camp, hike, fish, and hunt on your own land. You can build a cabin or even a home. You can use the land for farming or self-reliance. You can create a safe haven for your family and friends. You can invest in a piece of land that will only appreciate in value over time. The Owens River Ranch is a very rare find. Larger tracts are continuously subdivided, especially over the last several decades. It's also a great investment, as land prices are only going to go up in the future. If you're interested in investing in the great outdoors, this property is the perfect opportunity for you. But don't wait too long, because when it's gone, it's gone.

Features

  • Lot Size: irr
  • Lot Desc: Irregular Lot, Zoned for Horses
  • View: Trees/Woods, Water
  • MLS#: C7481090
  • Days on Market: 367 days
  • Website: https://www.raveis.com
    /prop/C7481090/nwhwy70_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 11/24/2024 7:47:06 AM)
Listing courtesy of UNITED COUNTRY GULFLAND R.E.   Phone: 863-494-2100

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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NW Hwy 70, Arcadia, FL, 34266

$2,500,000

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 $2,000,000 $2,000,000 $2,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,806 $12,806 $17,560
Total Monthly Payment $12,931 $12,931 $17,685

* 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.