NOW offering: 1 ACRE, 2 HOMES, 2 OUTBUILDINGS. RARE Opportunity! Located less than a mile from a thriving downtown & 4 miles from Lake Okeechobee. Main House(1019)=Spacious 2459 sq ft 3+bed/2bath w/carport. New metal roof (12/18) & new flat roof (1/20). 2nd house(106): A cozy rentable 919 sq ft, 2bed/1bath home featuring new dimensional shingle roof (5/18) Other Structures: 2 large outbuildings suited for workshop, storage, etc. Currently zoned residential, this prime corner is surrounded by commercial properties. It offers an opportunity to rezone to commercial or multi-family to maximize density & build multiple properties (buyer to verify w/Okeechobee County). Sale includes both properties:1019 NW 2 St(ID#3-16-37-35-0160-00280-0060) & 106 NW 11 Ave(ID#3-16-37-35-0160-00280-009B)
Cooling:
Ceiling Fan(s), Wall/Window Unit(s)
Parking:
Covered, Accessible Parking, Boat Access/Parking
Construction
Stucco, Wood Frame
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Lot Description:
Corner Lot
1019 NW 2nd Street, Okeechobee, FL
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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