We are pleased to present 56.16 Acres of Vacant Land on SR 70. (1.5 miles east of US 441 & SR 70). 3 Separate parcels, approximately 1295' of frontage combined. The 2.5AC parcel is Zoned:Residential Single Family (RSF). Future Land Use (FLU) is COMMERCIAL CORRIDOR MIXED USE (Commercial or Light Industrial Use & Residential Development site plan must be approved by Okeechobee Co). 2 remaining parcels zoned: AGRICULTURE(A). Future Land Use (FLU) URBAN RESIDENTIAL MIXED USE (Maximum 18 Units per acre/ site plan must also be approved by Okeechobee Co) Has electricity & municipal water access. Sewer 1 mile away. Parcel 1&2:X, Parcel 3:X500. PID 1:1-14-37-35-0050-0000-0010 (2.52 AC/DOR IMP), PID 2: 1-14-37-35-0A00-00006-0000 (26.09 AC/DOR IMP) PID 3: 1-23-37-35-0A00-00003-0000 (27.54 AC/DOR NAT)
2358 E SR 70, Okeechobee, FL, 34972
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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