"Highland Oaks" is a remote 40 acre parcel in east Charlotte Co. located about 4 miles from SR-74 & Paradise Park on a private sand/grass/marl road. The beauty of the sunrises & sunsets out here on the prairie are most scenic, as well as, the night time view of the stars & the lights to the southwest at Fort Myers. The land is native palmetto prairie with pine/oak/cabbage trees. Most of the trees are clustered in the NW corner of the land. The land has a fall to the south & then to the west. There is no electric service by FPL or telephone wire service to the property. There is a power line nearby. Area is comprised of small residential acreage properties & large citrus groves & ranches. The zoning for the parcel is Agriculture permitting one home per 10 acres. The only limitations are prescribed by the AG zoning which permits all uses under the description including low density residential, conservation, agriculture, recreation & other uses consistent therewith. It is the purpose of the agricultural districts to provide areas for the establishment and/or continuation of agricultural operations with residential uses being permitted only at very low densities & to accommodate those individuals who understand & desire to live in an agricultural environment. There are no deed restrictions. Road maintenance is conducted by the local property owner. To develop the land a buyer may wish to have a development suitability assessment conducted on the land.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.