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1412 SW 99th DRIVE, Okeechobee, FL, 34974 | $299,000
1933 Cracker House on 4. 99 acres, Zoned OUA ( Open Use Agriculture). The House needs a total restoration. The property is high and dry.
5 seperate contiguous parcels. Paved Road frontage on a dead end street.
Zoning: Agricultural, Single-Family, Multifamily, Special Acceptance for Commercial & Industrial Use.
Discover the endless potential with these 5 contiguous parcels totaling 4. 99 acres. Situated in Okeechobee Florida, a prime location near world-renowned Lake Okeechobee, famous for its bass fishing tournaments. This property offers a rare blend of zoning flexibility, including agricultural, single-family, and multifamily uses, with special acceptance for commercial, industrial, or storage facility applications.
**Key Highlights: **
**Location: ** Adjacent to Lake Okeechobee, with easy access to boat launches at Scott Driver Park.
**Future Development: ** Positioned next to the upcoming 100-acre Bass Pro resort, which will attract significant tourism and investment to the area.
- **Zoning Flexibility: ** Ideal for agricultural, residential, or commercial development. Special use acceptance allows for unique ventures such as storage facilities or light industrial operations.
One of the parcels is 3. 25 acres with an old Cracker house built in 1939, offering excellent potential to be rezoned for a restaurant, beer bar, or other hospitality-related business.
- **Growth Potential: ** With the planned Bass Pro development, this property presents a lucrative opportunity for the right investor or developer.
This property offers boundless opportunities for someone with the vision to capitalize on the booming local economy. Whether you're looking to develop a business, build multifamily homes, or create a recreational haven, this parcel is your canvas.
**Contact us today** for more details and to schedule a viewing. Check with Glades County Building and Zoning for Due Diligence.
Features
- Rooms: 3
- Bedrooms: 2
- Baths: 1 full
- Laundry: None
- Year Built: 1933
- Heating: None
- Cooling: None
- Approx Sq. Feet: 648
- Acreage: 4.9
- Est. Taxes: $1,466
- Appliances: None
- MLS#: OK224516
- Days on Market: 14 days
- Website: https://www.raveis.com
/prop/OK224516/1412sw99thdrive_okeechobee_fl?source=qrflyer
Listing courtesy of TWO TEN REALTY Phone: 863-634-7490
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
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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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1412 SW 99th DRIVE, Okeechobee, FL, 34974
$299,000
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 | $239,200 | $239,200 | $239,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
| Monthly Tax Payment | $122 | $122 | $122 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,632 | $1,590 | $2,035 |
| Total Monthly Payment | $1,829 | $1,787 | $2,232 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388