29755 NW 72nd AVENUE, Okeechobee, FL, 34972 | $25,000,000

Presenting Victoria's Ranch which stands out as an exceptional working cattle ranch, nestled in the renowned expanse of "prime cow country". Boasting a sprawling 2, 368 +/- acres of untamed land, consisting of 75% bahia grass and 14 pastures. This property is a remarkable opportunity for cattle ranching as well as a perfect private family or hunting retreat as well as land banking for future development opportunities. Currently thriving as a bustling cattle ranch, this one-of-a-kind property holds endless opportunities. At its heart lies an impressive custom main house, meticulously crafted in 2019, spanning 6, 361 square feet all on a single level. With 7 bedrooms and 8. 5 baths, thoughtful space awaits all who are fortunate to enjoy spending time there. The open floor plan seamlessly unites the expansive great room, gourmet kitchen, and dining area. Adjacent to the great room is a welcoming family room with a full bar perfect for relaxing after a day at the ranch. The split bedroom design with five en-suite bedrooms on one side of the home and the private primary suite on the other side of the home offers the ultimate in privacy and exudes rustic elegance. The secluded primary suite graces one full side of the home, featuring direct access to the pool and outdoor oasis. Two expansive walk-in closets and a spa inspired bath epitomizes casual elegance. An additional secondary bedroom suite, perfect for a home office or gym, compliments the thoughtful split-bedroom layout. Convenience prevails with dual laundry rooms in addition to a generous interior storage room. Stepping outside into the tropical oasis where the resort-style pool takes center stage, complete with a rock feature slide. The sprawling patio hosts a summer kitchen, grill, fire pit, pool bath, and generous space for outdoor entertaining. The allure extends with your own private baseball field, adding an extra layer of recreational amenities! Beyond the primary residence, Victoria's Ranch boasts a secondary two-story dwelling – perfect for a ranch manager, which was originally constructed in 1996. For those passionate about equestrian pursuits, a 3, 086 SF horse barn built in 2015 conveniently awaits you. The property further encompasses a 5, 354 SF storage/equipment barn/office, a mobile home, well appointed cattle pens, a versatile pole barn, and additional storage building. Victoria's Ranch isn't just exceptional – it's an embodiment of extraordinary possibilities. Whether envisioning a luxury family retreat, indulging in diverse recreational pursuits, skillfully managing equestrian and cattle ranch operations, or future development opportunities, this incredible ranch offers unparalleled opportunities. Conveniently located 21 miles North of the City of Okeechobee and 25 miles west of I-95 in Ft. Pierce. Close proximity to Florida's Turnpike at SR 60 (Vero Beach/Lake Wales) make this offering most accessible.

Features

  • Rooms: 11
  • Bedrooms: 7
  • Baths: 8 full / 1 half
  • Lot Size: 2701 x 5387 x 2685 x 5403
  • Laundry: Laundry Room
  • Style: Custom
  • Year Built: 2019
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 6,361
  • Acreage: 2368
  • Lot Size: 2701 x 5387 x 2685 x 5403
  • Est. Taxes: $27,859
  • Lot Desc: In County, Zoned for Horses
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Dishwasher, Microwave, Range, Range Hood, Refrigerator
  • MLS#: O6130835
  • Days on Market: 131 days
  • Website: https://www.raveis.com
    /eprop/O6130835/29755nw72ndavenue_okeechobee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/10/2024 1:45:49 AM)
Listing courtesy of STOCKWORTH REALTY GROUP   Phone: 407-909-5900

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NMLS Mortgage Loan Originator ID 16953

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29755 NW 72nd AVENUE, Okeechobee, FL, 34972

$25,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $20,000,000 $20,000,000 $20,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 6.915%
Monthly Tax Payment $2,322 $2,322 $2,322
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $134,744 $131,386 $176,982
Total Monthly Payment $137,191 $133,833 $179,429

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.