This unique property is zoned commercial with a single family home on it, so the possibilities are endless! Right next door is a food mart that was also previously a gas station, so it is very convenient & would be a great investment opportunity as well! Step inside this charming 3/2 CBS home on a newly fenced 1 acre lot, plentiful with all kinds of fruit trees & you will fall in love! The fence has a large swinging door for large vehicles, trailers, boats, etc & further down there is another set of double doors to bring in vehicles or equipment etc. There is even a chicken coop, so you can enjoy fresh eggs! The kitchen & bathrooms have recently been updated too! The kitchen has new stainless steel appliances & a beautiful tile backsplash. The bathrooms have both been updated with new tile wall surrounds & a new vanity in the guest bathroom! The washer & dryer are newer as well! You will also find upgraded luxury vinyl plank flooring throughout! Sit outside on your covered front porch & watch the sunrise & relax in the large screened-in back patio in the evening & enjoy the gorgeous FL sunsets. Located minutes from Okeechobee's city & close access to surrounding cities! You will get lost in this tropical oasis & won't want to leave!
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|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $319,999 | $319,999 | $319,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $240 | $240 | $240 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,919 | $1,996 | $2,636 |
| Total Monthly Payment | $2,234 | $2,311 | $2,951 |
* 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.