tomo logo

$219,900

Beds
2
Baths
1.0
sq ft
621

1104 SW 11th St, Okeechobee, FL 34974

1104 SW 11th St

Okeechobee, FL 34974

  • 161 days on market
    • Price drop $5,100↓
**Income Stream** and FURNISHED! Welcome to ''Grand Oak Cottage'' nestled on wide open .36 acre w/ Old Florida Grandfather shade Oak! This 1960 wood frame single family home was built to stand the test of time! Newly Updated in 2022, 2bed/1bath, int laundry, living rm, & open kitchen. Covered front porch, open side porch. Two sheds w/ electric. One w/ window unit other has attached lawnmower shed. Sufficient space to add on! Install pool, garden, or AMPLE parking. WELL maintained home w/ Quarterly pest control, new mini split A/C w/ heat installed 2023. Public water, septic pumped & inspected w/ new lid. Conveniently located within walking distance to downtown & 2 mins from boat launch. Currently an AIRBNB with consistent $revenue stream$. Let your vacation home pay you!

Details

Property type

Single Family Residence

Est. home value

$157,745

Lot size

0.37 acres

Price per sq ft

$355

Year built

1960

Annual property taxes

$2,559

Price History

03/08/2025
Beaches

Beaches #R11030713

Price change
$219,900
-2.27%
10/22/2024
Beaches

Beaches #R11030713

Listed
$225,000
+44.23%
02/01/2023
StellarMLS

StellarMLS #OK222188

Sold
$156,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$80,760
Asking price
$219,900
Closing costs (~8% of asking)
-$17,592
Est. remaining loan balance
-$121,548
Cash to seller
$80,760

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2023

Original loan amount

$124,800

Est. remaining balance

$121,548

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Melissa Hutchings

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: 04/01/2025 at 6:40 PM

Listing updated: 03/08/2025 at 10:15 AM

Listed by: Jules Parker, Solis Realty Group LLC Phone #: (863) 697-0248

MLS: Beaches #R11030713

Beaches logo

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