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Welcome to this spacious and beautifully updated home located in the desirable southwest section of Okeechobee! Situated on 1. 52 picturesque acres shaded by stunning mature oak trees, this 4-bedroom, 2. 5-bath residence offers the perfect blend of comfort, space, and convenience. Boasting an impressive 3, 919 square feet of living space, this home features oversized bedrooms, a large laundry room, a spacious 2-car garage, and a bright Florida room perfect for relaxing or entertaining year-round. The beautifully renovated kitchen includes modern updates, ample cabinetry, and a convenient pantry for additional storage. Major updates completed in 2014 include new kitchen renovations, drywall, and flooring throughout the home, featuring a mix of tile, carpet, and vinyl flooring. Additional improvements include new storm windows installed in 2023 and a durable metal roof for long-lasting peace of mind. Enjoy the tranquility of country-style living while remaining within walking distance to local restaurants and only a short drive to shopping, schools, and everyday conveniences. With expansive outdoor space, gorgeous oak trees, and room to spread out, this property offers endless possibilities for entertaining, gardening, or simply enjoying the Florida lifestyle. Don't miss the opportunity to own this unique Okeechobee property with space, charm, and modern updates all in one exceptional location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$520,000
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 |
|
|---|---|---|---|
| Loan Amount | $416,000 | $416,000 | $416,000 |
| 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% | 6.628% | 5.933% |
| Monthly Tax Payment | $497 | $497 | $497 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,528 | $2,627 | $3,455 |
| Total Monthly Payment | $3,116 | $3,215 | $4,043 |
* 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.