CENTURY 21 Edge
$4,200,000$4,450,000≈$27,273 /mo all-in ↓

1011 S. PARROTT, Okeechobee FL 34972, OKEECHOBEE, FL, 34972

Active407 days on marketListed Jun 23, 2025MLS #A11827131

✦ Reduced $250K

About this home

1011 S. PARROTT, Okeechobee FL 34972

PRIME COMMERCIAL LOCATION. 5 ACRES + / - . LOCATED ON HWY. 441 ( PARROTT AVE. ). 590 FEET + / - OF ROAD FRONTAGE. FOUR ( 4 ) LANES , NORTH / SOUTH BOUND, MAJOR ARTERY THRU THE CITY / COUNTY OF OKEECHOBEE. COMMERCIAL ZONING , CLOSE PROXIMITY TO HOME DEPOT, WALMART AND PUBLIX. NEW DEVELOPMENT HAS ARRIVED , WHICH INCLUDES : NATIONAL BUILDER ON CHARLES HARVEY ROAD, APPROVAL FOR 1300 + / - HOMESITES, NEW STARBUCKS ( UNDER CONSTRUCTION ) , DUNKIN , 7 BREW ( UNDER CONSTRUCTION ) AND CULVERS. THIS IS THE NEW CORRIDOR FOR NEW COMMERCIAL GROWTH AND EXPANSION AND RESIDENTAL DEVELOPMENT.

Facts & features

The home at a glance

5 ac

Lot size

Inside

Outside & construction

Community & fees

Taxes (2024)$34,500/yr

Utilities & systems

UtilitiesSewer Connected · Water Connected · Electricity Available · Other · Phone Available · Sewer Available · Water Available
WaterMunicipal Water

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$27,273 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$22,663
PMI (est., until 20% equity)$1,575
Property tax — 2024 actual bill$2,875
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $420,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Get my real numbersCall

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $420,000
Interest rate6.00%
Loan term

Estimated payment

$27,273/mo

Principal & interest$22,663
PMI (est., until 20% equity)$1,575
Property taxes (actual bill)$2,875
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Okeechobee

Map of 1011 S. PARROTT, Okeechobee FL 34972

Get to know Okeechobee. See the full Okeechobee guide →

OKEECHOBEE 34972 — neighborhood snapshot

Population

19,185

Median age

38.7

Median income

$53,902

Median home value

$193,300

Avg household

2.76

Households w/ children

2,367

The numbers that matter

The Okeechobee market

Seller’s marketLeans buyer — 11.1 months of inventoryBuyer’s market

$225K → $244K

Okeechobee median sold, yr/yr

93.7%

Sale-to-list ratio (12 mo)

Median sold price, Okeechobee, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 7825% above the OKEECHOBEE 34972 median. See the full Okeechobee market guide →

Paper trail

This home's history

CurrentPrice reduced to $4,200,000 ▼ $250K
Jun 23, 2025Listed at $4,450,000 · 407 days on market since

Reality check

What actually sold near 1011 S. PARROTT

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1503 NE 6th Street, Okeechobee FL 34972Sold · Jun ’26

$210,000

1503 NE 6th Street, Okeechobee FL 34972

2 bd · 2 ba · 951 sqft · $221/sqft · 55 DOM

1102 SW 6TH ST.Sold · Apr ’26

$219,000

1102 SW 6TH ST.

3 bd · 1 ba · 960 sqft · $228/sqft · 4 DOM

805 SW 3RD AVENUESold · Nov ’25

$379,000

805 SW 3RD AVENUE

3 bd · 2 ba · 1,332 sqft · $285/sqft · 15 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Krystina Allen

Your agent

Krystina Allen

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1011 S. PARROTT — start here.

CallText
krystina.allen@c21edge.com
Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1011 S. PARROTT — before you fall in love.

Get pre-approvedCall
aacosta@prmg.net

See it in person

Schedule a tour

Live availability from Krystina's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

1011 S. PARROTT FAQs

What would the monthly payment be for 1011 S. PARROTT, Okeechobee FL 34972?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $27,273/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 1011 S. PARROTT, Okeechobee FL 34972?+

The most recent tax bill on record (2024) was $34,500. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Okeechobee?+

At $4,200,000, this home is listed about 1441% above the Okeechobee median of $272,600. The market section on this page shows how the area is trending.

The brief

Three things that matter here

01Positioned at the premium end

$4,200,000 runs 7825% above the OKEECHOBEE 34972 median.

02Time on market is leverage

407 days on market against a Okeechobee median of 61 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $4,450,000, now $4,200,000 — a $250K cut. The full history is in the market section below.

Keep looking

Similar homes nearby

21810 NW 270TH ST, Okeechobee FL 34972

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21810 NW 270TH ST, Okeechobee FL 34972, OKEECHOBEE

2829 Sr-710, Okeechobee FL 34974

$3,950,000

2829 Sr-710, Okeechobee FL 34974, OKEECHOBEE

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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