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Offers encouraged, sellers relocating for work. You'll think you're in Key West. This one-of-a-kind property feels like a private resort tucked into the quaint Buckhead Ridge community of Okeechobee, where porches overlook canals and neighbors stroll or cruise by on their golf cart to head to the corner store or local lodge. No HOA. This historic Old Florida cottage is built like a fortress, while full of charm and character. A mother-in-law suite offers an expansive primary retreat or income potential, and two additional sheds have previously been used as fishing cabins. The double lot provides 1/3 acre, 130' of concrete seawall, and space to tie up multiple boats right out back. High ceilings, beadboard, chair rail, wide trim, and crown molding add timeless appeal, while peaceful water views fill the home with light and calm. Low Glades County taxes. There are endless inviting spaces to relax and unwind sip morning coffee on the covered front porch, enjoy the flower garden, sway in a hammock by the little beach, or watch the turtles drift by from the covered back porch that overhangs the canal. Sportsmen and nature lovers will appreciate easy canal cruising or lock access to Lake Okeechobee for a day of fishing on the Bass Capital of the World. This property offers incredible photography opportunities with abundant birdlife, turtles, cypress trees, and unforgettable sunsets. The yard is not just scenic it's productive. Enjoy coconuts, papaya, pineapple, hibiscus and moringa for tea, aloe, sugar cane, and more. The second lot includes a concrete pad, its own electric and water, and an enclosed carport ideal for parking, storage, or a weekend workshop. A playground and boat ramp are just a few blocks away, with another public ramp only a mile away providing direct access to Lake Okeechobee from the Kissimmee River. Everyday conveniences are close by within 7 minutes you'll find major chain stores, downtown shops, and locally owned restaurants. Port St. Lucie and Stuart are under an hour away, with Jupiter and West Palm Beach just over an hour. Additional features include public water, septic recently pumped, new hot water heater, stainless steel appliances, a 2010 metal roof, and no flood zone (Zone X). Owner is a licensed Florida real estate agent.
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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 |
|
|---|---|---|---|
| Loan Amount | $260,000 | $260,000 | $260,000 |
| 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 | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | $200 | $200 | $200 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,559 | $1,622 | $2,142 |
| Total Monthly Payment | $1,834 | $1,897 | $2,417 |
* 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.