tomo logo

$1,199,000

Beds
3
Baths
2.5
sq ft
2,020

32801 US Highway 441 N, Okeechobee, FL 34972

32801 US Highway 441 N

OKEECHOBEE, FL 34972

  • 4 days on market
Welcome to Indian Hammock Hunt and Riding Club. This newly constructed home sits on 2 lots covering over 5 acres. Ride right out of the gate into miles of old Florida horse trails. The property is Equestrian friendly with a beautiful horse barn. Four oversized stalls and 2 regular stalls. Two covered wash stalls, covered hay storage and 12 x24 Tack room. There are four irrigated pastures, and 1 dry paddock. It is fenced and cross fenced with a riding arena. It also has a new 30x35 shop building. The house and property have been meticulously maintained and is move in ready. Indian Hammock is a 3600+/- acre gated community with only 299 homesites and over 2600 acres of preserve for the members to enjoy. There are many amenities including: Shooting, Riding, Big game hunting, and guided quail hunting, a Fitness Center, Pool, Tennis courts, Equestrian trails and a rustic lodge featuring dinner on the weekends.

Details

Property type

Single Family Residence

Est. home value

$329,176

Lot size

5.13 acres

Price per sq ft

$594

Year built

2020

Annual property taxes

$5,693

Monthly HOA fee

$310

Price History

03/25/2025
StellarMLS

StellarMLS #OK225008

Listed
$1,199,000
+362.93%
12/10/2024
Beaches

Beaches #R11019703

Removed
$259,000
09/10/2024
Beaches

Beaches #R11019703

Listed
$259,000
-74.09%

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

$992,521
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$110,559
Cash to seller
$992,521

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

Seller’s Loan History

Lender

Seacoast National Bank

Loan start date

December 2016

Original loan amount

$135,000

Est. remaining balance

$110,559

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

James R Slate

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: 03/29/2025 at 10:55 AM

Listing updated: 03/26/2025 at 3:04 PM

Listed by: Michael Dinnen, TIMBER PROPERTIES Phone #: (954) 275-3881

MLS: StellarMLS #OK225008

StellarMLS logo

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