32801 Hwy 441 N, #246, Okeechobee, FL, 34972 | $1,400,000

This newly built custom home differs from any other currently offered in Indian Hammock Hunt and Riding Club.
It is a custom home created in 2018 as a permanent residence for its owners.
The owner spared no expense while designing, preparing the lot, and building his custom home with impeccable attention to detail.
The lot is less than two miles from the maned entrance gate, allowing faster access in and out of the neighborhood.
The building is CBS construction, with a 14’ floor-to-ceiling, metal roof, and tiled floors. It was built by Abney Building and Constructing Inc. to the highest code requirements.
The home offers an impressive main bedroom with a beautiful bathroom and a spacious walk-in closet. Two additional bedrooms, a second full bathroom, another Half Bath, Utility Room, Open Living Room Kitchen and Dining Area, and a Pantry.
The wall facing North is mostly glass panels and glass doors, allowing entrance to 700 Square feet, under-roof, screened patio with an outdoor kitchen.
The 2. 6-acre lot was raised and graded to create a totally dry lot.
The house has an 18 KV water-cooled complete house motor generator set.
1, 000 gallons underground propane tank.
Two gas instant water heaters.
RV pad with its electric meter.
Two 4” deep water wells.
The fully fenced property has an expensive 14’ Custom Aluminum Gate.
24’ by 24’ Horse barn.
14’ by 30’ Airconditioned Storage Shed.
Many Raised beds are ready to grow your own Vegetable and herb gardens.
Three vehicles carport with an attached Airconditioned room.
Fenced, green, irrigated Horse Pasture.
Manicured lawns.
Multiple power outlets and ground lights around the lot.

Indian Hammock Hunt and Riding Club is a gated community that possesses 3, 600 acres of old Florida charm, of which 2, 800 are preserved common ground, miles of Equestrian trails, multiple Shooting Ranges, Hunting Grounds, a Fitness Center, a Swimming Pool, a Tennis court, a Pickleball court, and a Restaurant.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2018
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,086
  • Acreage: 2.61
  • Est. Taxes: $3,955
  • HOA Fee: $264 Monthly
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Indoor Grill, Microwave, Range, Refrigerator, Tankless Water Heater, Trash Compactor, Washer, Water Filtration System, Water Softener
  • MLS#: OK224568
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /eprop/OK224568/32801hwy441n_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 11/23/2024 12:17:10 PM)
Listing courtesy of Prime Realty Group, Inc.   Phone: 305-753-7000

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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

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32801 Hwy 441 N, #246, Okeechobee, FL, 34972

$1,400,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,120,000 $1,120,000 $1,120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $330 $330 $330
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,171 $7,171 $9,834
Total Monthly Payment $7,626 $7,626 $10,289

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.