Active

$1,499,000

Features:
  • 3 Bedrooms
  • 1 Bathrooms
  • 1000 sq ft
Overview
  • ID: MFRA4663153
  • Bedrooms: 3
  • Bathrooms: 1
  • Size: 1000 sq ft
Property Details
Remarks
Discover 47 acres of pristine agricultural land nestled at the end of scenic River Road in Myakka City, just moments from the new Soleta Golf Club and within a 20 minute drive to the vibrant community of Lakewood Ranch. There is a 1,000 sq ft home currently on the property but is in bad condition and needs complete renovation or removal. This property is also being marketed as vacant land. Currently the property has a cattle lease that may convey to the new owner and is a benefit for agricultural tax exemptions. The land is well-suited for any agricultural use while offering incredible potential for future development. With no HOA or deed restrictions, you have the freedom to build your dream homestead—whether that’s a custom farmhouse, a modern barndominium, or a fully equipped workshop. There are 2 existing wells and power already in place so construction costs will be eased. The property allows for a primary residence and up to three accessory dwelling units (ADUs), or alternatively it can be subdivided to suit your plans. Mineral rights convey with the sale, and while the majority of the land lies in Flood Zone X (high & dry), there are three small areas of wetlands that provide a seasonal water source for livestock. This vacant land offers a rare opportunity to disconnect from the fast pace of city life without sacrificing access to everyday conveniences. The drive to the property winds through old Florida county roads, offering a peaceful and scenic entry that feels like stepping into a simpler time. Plus, with county plans to pave River Road in the future, accessibility and property value are poised to grow. Whether you're looking to establish a working ranch, a private country estate, or a long-term investment, this versatile property is a true blank canvas ready for your vision.
Financial Considerations
Price:
$1,499,000
HOA Fee:
N/A
Tax Amount:
$7258.11
Price per SqFt:
$1499
Tax Legal Description:
COM AT NE COR OF SEC 32, TWN 36S, RNG 21E; TH N 89 DEG 22 MIN 08 SEC W, ALG N LN OF SD SEC 32, A DIST OF 1308.88 FT TO CONC MON FOR A POB; TH S 00 DEG 43 MIN 50 SEC E, 1244.17 FT; TH N 89 DEG 23 MIN 51 SEC W, 706.44 FT; TH N 00 DEG 41 MIN 06 SEC E, 7 18.001 FT; TH N 89 DEG 23 MIN 51 SEC W, 607.002 FT; TH N 00 DEG 38 MIN 23 SEC E, 526.82 FT TO N LN OF SD SEC 32;
Exterior Features
Lot Size:
2064308
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
1
Heating:
Electric, Ductless
Cooling:
Ductless, Wall/Window Unit(s)
Appliances:
Microwave, Range, Refrigerator
Furnished:
No
Floor:
Carpet
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1988
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
Buyer to verify all information on leasing restrictions.
Map
  • Address
    12950 RIVER RD
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