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Discover the opportunity to create your own private retreat at 18235 NW 250th Street in Okeechobee, Florida. Situated on 1. 25 acres, this property offers a rare combination of freedom, flexibility, and long term potential in a growing area of Florida. With no HOA and located outside of a flood zone, you have the ability to design and build with confidence and fewer restrictions, whether your vision includes a manufactured home, modular residence, or a custom single family estate. Electricity is available, and according to the Florida Wetland Mapper, the property is free of wetlands, providing a strong foundation for future development.
This location offers the space and privacy many buyers are seeking, while still maintaining convenient access to everyday essentials and lifestyle amenities. Nearby schools include Seminole Elementary School, Yearling Middle School, and Okeechobee High School, providing options for families looking to establish roots in the area. Grocery shopping and daily conveniences are just a short drive away with Publix Super Market at Town Commons, Walmart Supercenter, and local markets serving the community.
For those who value an active outdoor lifestyle, this property is ideally positioned near some of Florida’s most sought after natural attractions. Lake Okeechobee, one of the largest freshwater lakes in the country, is just minutes away and offers world class fishing, boating, and waterfront recreation. Scott Driver Park provides boat ramps, picnic areas, and access to the water, while nearby Kissimmee Prairie Preserve State Park offers expansive open land, wildlife viewing, hiking, and one of the darkest night skies in Florida for stargazing. Pet owners will appreciate nearby dog friendly parks and open green spaces throughout the area.
The property also provides accessibility to key Florida destinations, making it an ideal balance between privacy and connectivity. Okeechobee’s downtown area is within easy reach, while larger cities such as Port St. Lucie, Fort Pierce, and West Palm Beach are all accessible for expanded dining, shopping, and entertainment. For travel, Palm Beach International Airport is approximately an hour and a half away, with additional access through Treasure Coast International Airport and Orlando International Airport for both domestic and international travel.
Whether you are looking to build a primary residence, a weekend retreat, or secure land as a long term investment, this property presents a compelling opportunity to create something meaningful in a location that continues to gain attention for its space, lifestyle, and growth potential.
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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 | $24,000 | $24,000 | $24,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $146 | $152 | $199 |
| Total Monthly Payment | $221 | $227 | $274 |
* 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.