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$349,900

Beds
3
Baths
2.0
sq ft
1,577

1099 7th St, Okeechobee, FL 34974

1099 7th St

Okeechobee, FL 34974

  • 65 days on market
    • Price drop $92,100↓
REDUCED FOR QUICK SALE. Owner relocating for work. Let's make a deal! So much potential!!! The sellers have been on and off about selling it cause they love it so much and see the vision but unfortunately have to sell to buy closer to work. Includes 2ND WATERFRONT LOT with 2 small sheds and a carport. Previous owner converted to 2 bedroom, easily reverted back to 3 bedrooms. Rare historic, updated waterfront single family home with tons of income potential as a vacation rental & 130 ft of concrete seawall. Large screen porch over the canal for sunrises & watching the turtles & birds. The large front porch for sitting back & watching the gorgeous sunsets of Buckhead Ridge is a popular fishing village in Okeechobee. Lake Okeechobee is a

Details

Property type

Single Family Residence

Est. home value

$362,148

Lot size

0.3 acres

Price per sq ft

$222

Year built

1940

Annual property taxes

$2,226

Price History

04/01/2025
Beaches

Beaches #R11056415

Price change
$349,900
-20.84%
04/01/2025
Beaches

Beaches #R11056415

Price change
$442,000
-1.78%
03/27/2025
Beaches

Beaches #R11056415

Price change
$450,000
-9.82%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$191,420
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$130,488
Cash to seller
$191,420

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Primelending

Loan start date

February 2021

Original loan amount

$144,027

Est. remaining balance

$130,488

Interest rate

2.66%

Loan type

FHA, 30 year

Seller

Carol Hazel Perry and John Perry

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/04/2025 at 7:20 AM

Listing updated: 04/02/2025 at 10:46 AM

Listed by: Carol Perry, EXP Realty LLC Phone #: (888) 883-8509

MLS: Beaches #R11056415

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