40.9 fully usable acres in a desirable and private area of SE Okeechobee with access from both SR 710 and SE 128th Avenue. Agriculturally zoned and improved, offering excellent potential for a dream farm, ranch, homestead, agri-business, or long-term investment. Improvements include a 6” well with 5HP submersible pump, 315-gallon bladder tank, and 400 AMP electrical service. Property also features a 36 x 24 three-sided equipment building. Currently home to a professionally designed motocross track by former pro rider Robby Marshall of Ram Trax Development, plus a separate turn track. Approximately 12± acres remain in natural cattle pasture. Recent survey available. No HOA. Two separate entrances and an annual cattle lease currently in place.
6053 SE 116th Place, Okeechobee, FL, 34974
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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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