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Discover the potential of this vacant lot located at 1211 9th St, Okeechobee, FL 34974, a promising opportunity for visionaries and developers alike. This property offers a generous expanse of land, providing ample space to bring your architectural dreams to life, be it a family home, a vacation retreat, or an investment project. Situated in the up-and-coming neighborhood of Buckhead Ridge, the lot is positioned to capitalize on both tranquility and accessibility. This area is known for its friendly community and scenic surroundings, making it an ideal place for those looking to build in a peaceful yet connected location. Adding to the allure, the property is just a short drive from the vibrant Brighton Reservation Casino, offering entertainment and dining options that are sure to enhance the lifestyle of future residents or visitors. This nearby attraction adds a unique touch to the locale, blending relaxation with recreational opportunities. The town of Okeechobee is appreciated for its laid-back atmosphere and is home to a variety of local amenities, including shops, schools, and parks. Its proximity to water bodies and natural reserves also makes it a perfect spot for outdoor enthusiasts. This land for sale represents not just a space, but an opportunity to create and contribute to the community while enjoying the benefits of a developed and dynamic neighborhood. Don’t miss out on the chance to own and develop in this inviting area of Okeechobee, Florida. All measurements are approximate.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $37,520 | $37,520 | $37,520 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.296% | 6.406% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $219 | $231 | $304 |
| Total Monthly Payment | $294 | $306 | $379 |
* 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.