5271 US HWY 441 SE, Okeechobee, FL, 34974 | $1,950,000

Imagine owning a unique 3 bed / 2 bath property near Lake Okeechobee that combines residential comfort with commercial opportunities. Situated on 1. 23+ acres, this 3, 000 sq ft barndominium-style residence offers space, privacy, and flexibility in a setting that stands apart from typical single-family properties.

In addition to the home, the property features an impressive 8, 000 sq ft warehouse / barn that can serve as a large workshop, expansive garage for personal vehicles, boat or RV storage, equipment space, hobby facility, or even a business operation. Whether for personal use or professional needs, the scale of the structure opens the door to possibilities rarely found in one property.

The single-family residence and warehouse uses are both permitted, creating a seamless combination of comfort and functionality in one location. The property showcases a large kitchen with island, main bedroom of approximately 16' x 16' with private 8' x 10' bathroom and 8' x 10' walk-in closet, two 14' x 14' rooms, a second bathroom and laundry area as well as a Garage with space for up to 4 cars. With strong highway frontage and easy access, this property offers versatility, scale, and opportunity in a growing corridor near Lake Okeechobee.

Owner is motivated. All items currently inside the 8, 000 sq ft warehouse/barn are included in the sale at no additional value and will transfer in as-is condition. Buyer to verify all measurements, intended use, and property details.

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Style: One Story
  • Year Built: 2016
  • Garage: 4-car Attached,Driveway,Garage,Other
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,171
  • Est. Taxes: $8,431
  • Lot Desc: 1-2 Acres
  • View: Other
  • Appliances: Dryer,Dishwasher,Refrigerator,Washer
  • MLS#: A11964159
  • Days on Market: 41 days
  • Website: https://www.raveis.com
    /eprop/A11964159/5271ushwy441se_okeechobee_fl?source=qrflyer
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Listing courtesy of Premier Agent Network   Phone: 877-663-9366

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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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5271 US HWY 441 SE, Okeechobee, FL, 34974

$1,950,000

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 $1,560,000 $1,560,000 $1,560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.300% 6.361% 6.203%
Monthly Tax Payment $703 $703 $703
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,228 $9,605 $13,164
Total Monthly Payment $10,056 $10,433 $13,992

* 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.