1032 SE 38TH TERRACE, Okeechobee, FL, 34974 | $380,000

Under Construction. Brand New custom home!!! This home is near completion and available Mid-February 2026. Pictures will be updated at completion. Conveniently located close to all the amenities Okeechobee has to offer, plus a short travel to the coast, as well as Everglades elementary within walking distance! This home is not your typical home. This home features 1690 square feet under air, 2, 255 square feet total, it is a 3-bedroom 2-bathroom home, what makes this home so special? This home features custom finishes not found in your typical home, your typical home has wood baseboards and door moldings, here you will find beautiful CONCRETE 7 1/4" baseboards and 4" decorative CONCRETE door moldings. you won't ever have to worry about water damage to these, you will NOT find this in any other home! it doesn't end there, step outside you will find the same beautiful concrete moldings and windowsills surrounding every window and door, a must see to appreciate! Other features include spray foam insulation for maximum energy efficiency, Granite countertops, a kitchen island, a formal dining room, Porcelain wood look tile floors in the bathrooms, living room, and kitchen, with the 3 bedrooms having upgraded carpet. The master bathroom features an oversized walk-in shower AND separate soaking tub beautifully decorated with Tile and concrete moldings, along with a 2-sink vanity. All closets feature beautiful all custom wood shelving, plenty of room for clothes!! For your heating and cooling you have a Heat pump system made by Trane. The home features custom impact resistant windows and Doors made by well know window manufacturer PGT. You have beautiful French doors with all exterior porches covered in beautiful durable tile. This home also features an oversized 2 car garage, bring your oversized big truck inside!! Outside you will find the beautiful landscaping with beautiful brown river rock to complement the landscaping, a must see to appreciate!!!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 78 x 107
  • Laundry: Laundry Room
  • Year Built: 2026
  • Garage: 2-car Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,255
  • Acreage: 0.19
  • Lot Size: 78 x 107
  • Est. Taxes: $549
  • Elem. School: Everglades Elementary
  • Middle School: Osceola Middle
  • High School: Okeechobee High School
  • Pet Policy: Yes
  • Appliances: Dishwasher, Range, Refrigerator
  • MLS#: A4679706
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4679706/1032se38thterrace_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 1/25/2026 7:47:08 AM)
Listing courtesy of FlatFee.com   Phone: 954-965-3990

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1032 SE 38TH TERRACE, Okeechobee, FL, 34974

$380,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $304,000 $304,000 $304,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.322% 6.280% 5.628%
Monthly Tax Payment $46 $46 $46
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,750 $1,847 $2,464
Total Monthly Payment $1,871 $1,968 $2,585

* 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.