tomo logo

$375,000

Beds
2
Baths
2.0
sq ft
1,577

1099 7th St, Okeechobee, FL 34974

1099 7th St

Okeechobee, FL 34974

  • 1 day on market
    • Open house Feb 02
Unique and charming historic (possible 3 bedroom) waterfront home with 2 lots and 130 ft of concrete seawall. Large screen porch over the canal for sunrises and watching the turtles and birds and the large front porch for sitting back and watching the gorgeous sunsets of Buckhead Ridge a popular fishing village in Okeechobee. Dock your boat out back and cruise the canals or head out of the lock to the massive Lake Okeechobee. Take your golf cart up to the corner store or to the Moose Lodge. You are just a couple minutes from the scenic Lake Trail, the proposed Bass Pro Resort and 10 minutes from downtown Okeechobee. This home boasts high 9' ceilings, the extra large guest suite could easily be converted to 2 bedrooms. You have two lots with 30/50 am RV hook ups, sheds, electric&water.

Details

Property type

Single Family Residence

Est. home value

$362,148

Lot size

0.3 acres

Price per sq ft

$238

Year built

1940

Annual property taxes

$2,226

Price History

01/28/2025
Beaches

Beaches #R11056415

Listed
$375,000
-12.77%
01/05/2025
Beaches

Beaches #R11045133

Removed
$429,900
12/15/2024
Beaches

Beaches #R11045133

Listed
$429,900

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

$213,930
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$131,070
Cash to seller
$213,930

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

$131,070

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?

Status: Active

Tomo last checked: 01/30/2025 at 1:35 AM

Listing updated: 01/28/2025 at 2:55 PM

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

MLS: Beaches #R11056415

Beaches logo

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