$429,900
For Sale

1099 7th Street

Okeechobee, FL 34974
1577 sqft | 2 beds | 2 baths | #RX-11045133
Browse 2 photos
Type:Purchase
Structure:House
Zone:Residential

Description

With full price offer the 2nd lot is included! (65'x100' with it's own electricity, water, concrete pad, 2-50 amp RV hookups, concrete seawall & outbuildings) (See sold comps, $80,000 for such lots!) Great vacation rental property with no hoa or restrictions, year round fun or winter get away! Metal roof, 30 amp RV hook up,soaring ceilings, 6'' thick walls, crown molding with hardwood floors throughout much of the home under vinyl floor. Large guest suite has it's own entry making this the perfect multi-generational home or live in it & use suite for extra income. Large front porch & back screen porch overhanging the water. Coconut, papaya & banana trees! Fish from your backyard, dock your boat, cruise the canals or head out through the lock to massive Lake Okeechobee, the bass capital Not in a flood zone.
The hot tub, above ground pool and music studio may stay or go depending on the offer.
Buy the home with the second lot and sell off the second lot (subject to county restrictions) or keep it to build on later as this area continues to develop and grow. Check out the new developments and resorts coming to the Okeechobee area!
New commercial grade hot water heater. Lawns are partially fenced.
Cash, conventional, VA, FHA, USDA and Owners will consider owner financing with a minimum of $150,000 down (cannot consider lower down payment sorry). Seasonal rental through April at $5000 a month would also be considered.
Home is within walking distance to gas station, convenience store, the Buckhead Ridge park with boat ramp/playground and Moose Lodge where they host dinners, dances and games. 7 miles to the main shops and restaurants in downtown Okeechobee. Walk the lake trail for scenic beauty along the ridge of Lake Okeechobee just a few minutes away. Did you know that Okeechobee boasts some of the best sunsets in South Florida because you can see for miles.
There is definitely space to add a 3rd bedroom. Buyer would want to check with county on the ability to do so.
Beaches are within an hour to the east and 90 minutes to the west. Commute to Port St Lucie 45 mins, Fort Pierce 50 mins, Vero Beach 55 min, Palm City 40 mins, Stuart 50 mins, Hobe Sound 55 mins, Jupiter 70 mins, West Palm 75 mins, Fort Myers Airport 90 mins.
Owner is licensed Florida real estate agent.

  • Property Details
      • Exterior FeaturesAwnings, Covered Patio, Extra Building, Fence, Fruit Tree(s), Open Patio, Open Porch, Screen Porch, Screened Patio, Shed, Shutte
      • Exterior MaterialsAwnings, Covered Patio, Extra Building, Fence, Fruit Tree(s), Open Patio, Open Porch, Screen Porch, Screened Patio, Shed, Shutte
      • InteriorWalk-in Closet, Volume Ceiling, Split Bedroom, Kitchen Island, French Door
      • Utility FeaturesCable Connected, Electricity Connected, Public Water, Septic
      • Lot FeaturesWest of US-1, 1/4 to 1/2 Acre, Paved Road
      • Lot DescriptionWest of US-1, 1/4 to 1/2 Acre, Paved Road
      • Property SubtypeSingle Family Detached
      • CoolingCeiling Fan, Central
      • SubdivisionBuckhead Ridge
      • ZoningResidential
      • MLS #RX-11045133
      • MLS #RX-11045133
      • Property TypePurchase
      • Original List Price$429,900
      • HeatingCentral
      • CountyGlades
      • Taxes Annual$2,319
      • Cost429900
      • ViewCanal
      • RoofOther
      • Square Feet1577
      • Year Built1940
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
      • Waterfront1
      • Fence1

Location

Robert BengloffReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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