Discover the perfect investment opportunity nestled on a sprawling 40-acre lot in Myakka, Florida. FRONTAGE DIRECTLY ON BUSY HWY 70. This charming farm home boasts two picturesque lakes, a screened-in pool, and the freedom of no deed restrictions. Livestock is allowed, making it an ideal choice for those seeking a self-sustaining lifestyle. Benefit from the tax break offered by the green belt designation, which not only adds to the property's allure but also provides financial advantages. The home features two AC units, an indoor jacuzzi, screened in pool and a 30x30 work shed, perfectly suited for commercial vehicles. Long Paved driveway to home with circular driveway, large duck coop, and a few fruit trees and vegetable gardens, this property offers the epitome of farm living. This property presents an incredible investment opportunity, with its potential for future neighborhoods, home building, apartment complexes, or commercial ventures. The expansive land easily accommodates multiple homes, making it an enticing prospect for future investors. Property is wide and open ready for your plan to build or use for farming or construction. Don't miss out on this exceptional property that combines the charm of a farm home with the possibilities of future development. Explore the limitless potential of Myakka, Florida, and seize this remarkable investment opportunity. Positioned just 18 minutes/9 miles from Interstate 75, it's an enticing investment opportunity for future development. NEW SHELL CIRCULAR DRIVEWAY. POOL PAVERS UPDATED 2022. MLS T3451658
This property is $1.6M more than the Median Sold Price in Myakka City, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #T3460365
Listing Office:
Office Name: ACE REALTY & AUCTION LLC
Office Phone: (813) 567-7198
Listing Agent: Cynthia Clonts
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/1/2024, 11:49:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,195
$202,963
2018
$2,975
$195,529
2017
$2,975
$191,979
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11.5K
Per Month
Principal & Interest
$11.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,962
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Myakka City Elementary School
37205 Manatee Ave
Distance between this listing and this school2.63 miles
Public District Grades PK-5
Middle School
7
/10
R. Dan Nolan Middle School
6615 Greenbrook Blvd
Distance between this listing and this school12.54 miles
Public District Grades 6-8
High School
6
/10
Lakewood Ranch High School
5500 Lakewood Ranch Blvd
Distance between this listing and this school15.52 miles
Public District Grades 9-12
Assigned Schools
5
/10
Myakka City Elementary School
37205 Manatee Ave
Distance between this listing and this school2.63 miles
Public District Grades PK-5
Nearby Schools
10
/10
Robert Willis Elementary School
14705 The Masters Ave
Distance between this listing and this school12.02 miles
Public District Grades KG-5
8
/10
Gilbert W. McNeal Elementary School
6325 Lorraine Rd
Distance between this listing and this school12.56 miles
Public District Grades PK-5
Assigned Schools
7
/10
R. Dan Nolan Middle School
6615 Greenbrook Blvd
Distance between this listing and this school12.54 miles
Public District Grades 6-8
Nearby Schools
3
/10
Braden River Middle School
6215 River Club Blvd
Distance between this listing and this school15.01 miles
Public District Grades 6-8
4
/10
Imagine Charter At Lakewood Ranch
10535 Portal Xing
Distance between this listing and this school16.55 miles
Public Charter Grades PK-8
Assigned Schools
6
/10
Lakewood Ranch High School
5500 Lakewood Ranch Blvd
Distance between this listing and this school15.52 miles
Public District Grades 9-12
Nearby Schools
4
/10
Braden River High School
6545 Sr 70 East
Distance between this listing and this school18.16 miles
Public District Grades 9-12
8
/10
Suncoast Polytechnical High School
4650 Beneva Rd
Distance between this listing and this school19.08 miles
The neighbors living near this home have an average income of $62,577. The most common annual income of people living in Myakka City, FL is between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 33255 State Road 70 E
What is the listing price of this property?
The listing price of 33255 State Road 70 E property is $2,300,000.
What type of property is this?
The property 33255 State Road 70 E is land located in Myakka City, Florida, 34251.
Is this property for sale now?
Active Listing: 33255 State Road 70 E is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 33255 State Road 70 E are: Myakka City Elementary School: GreatSchools Rating 5/10R. Dan Nolan Middle School: GreatSchools Rating 7/10Lakewood Ranch High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,195 (source: MLS/based on county public records data).
How much acreage is this property?
The property 33255 State Road 70 E is 39.86 acres.
Interested in 33255 State Road 70 E? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 33255 State Road 70 E in Myakka City, FL and zip code 34251. This home sits on a 39.86 acre lot. It has been listed on Rocket Homes since August 16, 2023 and is currently priced at $2,300,000.
In April 2024 more than 5 listings in Myakka City, FL were sold above the asking price. During the same period more than 54 listings were sold at asking price, while more than 156 were sold below. The inventory of homes for sale in Myakka City, FL between March 2024 and April 2024 increased by 1.4%. In April 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $625,034.
From Rocket Homes Real Estate and based on county public records data.