tomo logo

$529,900

Beds
4
Baths
3.5
sq ft
3,180

1705 SW 5th Ave, Okeechobee, FL 34974

1705 SW 5th Ave

Okeechobee, FL 34974

  • 13 days on market
This stunning 4-bedroom, 2.5-bath colonial-style home with wrap-around porches sits on 4 beautifully landscaped city lots. Hurricane-impact windows and plantation shutters are featured throughout. The kitchen boasts custom wood cabinets, crown molding, an island/breakfast bar, recessed lighting, stainless appliances, and a walk-in pantry. The main-floor master suite includes a walk-in closet, whirlpool tub, walk-in shower, and storage. Upstairs, two guest bedrooms share a bath, both with walk-in closets. A fourth large bedroom above the garage has a private entry. The open-concept living, dining, and sunroom connect to the kitchen. Located in Okeechobee's desirable southwest area, it features a large oak-shaded lawn, new well, and 3-car garage with ample parking. Room measurements are est

Details

Property type

Single Family Residence

Est. home value

$484,741

Lot size

0.57 acres

Price per sq ft

$167

Year built

1998

Annual property taxes

$5,597

Price History

01/09/2025
Beaches

Beaches #R11050466

Listed
$529,900
-5.38%
06/03/2024
StellarMLS

StellarMLS #OK223701

Removed
$560,000
01/24/2024
StellarMLS

StellarMLS #OK223701

Listed
$560,000
+67.16%

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

$209,971
Asking price
$529,900
Closing costs (~8% of asking)
-$42,392
Est. remaining loan balance
-$277,537
Cash to seller
$209,971

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

Seller’s Loan History

Lender

South State Bank

Loan start date

September 2020

Original loan amount

$306,776

Est. remaining balance

$277,537

Interest rate

2.99%

Loan type

FHA, 30 year

Seller

Dennis Earl Brinson Jr and Cynthia A Brinson

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: 01/22/2025 at 2:20 PM

Listing updated: 01/09/2025 at 2:00 PM

Listed by: John Michael Rickards, Red Gator Real Estate Phone #: (863) 763-0788

MLS: Beaches #R11050466

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