Perch STREET, Okeechobee, FL, 34974 | $650,000

One or more photo(s) has been virtually staged. Attention Developers, Builders, and Investors! An incredible opportunity awaits you in South Florida's prime real estate market. We have two parcels of land available for development, offering endless possibilities for residential and commercial projects.

The first parcel is a little over 8 acres of residential land. This presents a fantastic opportunity for those interested in developing a tiny home community. With the growing popularity of minimalist living, a tiny home development could be a lucrative venture.

The second parcel consists of 7. 01 acres of commercial land. This opens up a world of possibilities for those looking to build a single-family subdivision. With the demand for housing in South Florida, a well-designed and strategically located subdivision could attract many buyers.

Additionally, multifamily development is another viable option for this land. With the increasing population in the area, there is a constant need for rental properties. Building a multifamily complex could provide a steady stream of rental income and a solid return on investment.

For those seeking a more diverse project, a mixed development with planned unit development (PDU) zoning could be the perfect fit. This allows for a combination of residential and commercial spaces, creating a vibrant community with a range of amenities.

We encourage you to seize this opportunity and make your mark on the Florida real estate market. Contact your favorite Realtor today to explore the potential of these prime parcels of land. Together, let's build a prosperous future in South Florida.
BuildingFloridaRealEstate
Owner Financing Avail!
See this land at BuildUSRealEstate. Discover the hidden gems of Okeechobee County, Florida! Immerse yourself in the beauty of Lake Okeechobee, the "Big O, " and indulge in fishing, boating, and wildlife watching. Experience the thrill of bass fishing in the Bass Fishing Capital of the World! Looking for business opportunities? Glades County is your gateway to success! Benefit from strategic location, transportation access, and a skilled workforce. Explore the Glades County Business and Commerce Park and American Gateway Logistics Center for prime industrial sites. With tax abatement options and support for job creation, Glades County offers an ideal environment for business growth. Enjoy access to a strong market corridor, abundant water resources, and affordable land options. For assistance in exploring real estate ventures in Glades and Okeechobee counties, contact The Landlord FindersĀ® Build Real Estate. Click link: BuildUSrealestate
Call/Text Let's collaborate and make your Florida real estate dreams come true! #OkeechobeeCounty #GladesCounty #FloridaRealEstate

Features

  • Lot Size: 422/1056
  • Lot Desc: Buildable
  • MLS#: O6206830
  • Days on Market: 29 days
  • Website: https://www.raveis.com
    /prop/O6206830/perchstreet_okeechobee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/26/2024 6:14:58 AM)
Listing courtesy of LANDLORD FINDERS BUILD REAL ESTATE LLC   Phone: 407-697-4311

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Customer Service

888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Perch STREET, Okeechobee, FL, 34974

$650,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.828% 7.133% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,460 $3,456 $4,385
Total Monthly Payment $3,552 $3,548 $4,477

* 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.