Under contract-accepting backup offers. NEW METAL ROOF and FRESHLY PAINTED INTERIOR/EXTERIOR! This home could be considered a 3BD/3BA with a private in-law suite, full bathroom, and kitchen. The fully fenced 5. 43-acre lot home is conveniently located in Lazy Seven Ranch Acres one of the most desirable neighborhoods in the area. Covered in beautiful mature oak and mango fruit trees, it sits back from the road for a private country feel, yet it is just a few miles away from town. Lake Okeechobee known for large-mouth bass and speckled perch fishing is centrally located approximately 1-2 hours from the east and west coast of Florida and only 2 hours from Orlando and Miami. The screened-in lanai invites you to sit and relax in the afternoon shade while inside is a large carpeted (2022) open living room/dining room area perfect for entertaining. The home offers two oversized master bedrooms, each with en-suite bathrooms, one featuring two sizeable walk-in closets. The main kitchen with adjoining dining and a large tiled family room is centrally located with a prep area making it ideal for gatherings with friends and family. It includes stainless steel (2022) appliances and an under-sink reverse osmosis water purification system. The home has an indoor laundry area, a 2 bay-2-car attached garage, 2 complete separate air conditioning systems, an 18 x 25 metal storage building (2022) on a concrete slab, a housed well water filtration/softener system (2023), and a pole shed directly behind the home for extra storage. The outdoor patio is a great place for hosting summer barbecue get-togethers. Take advantage of Okeechobee’s natural beauty, with nearby parks, lakes, and outdoor recreational opportunities. From hiking and fishing to birdwatching and boating, there's always something to do. Call now and escape the hustle and bustle of city life!
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $215 | $215 | $215 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,423 |
Total Monthly Payment | $2,946 | $2,943 | $3,713 |
* 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.