
NE 2ND TERRACE, OKEECHOBEE, FL, 34972
Active113 days on marketListed Jul 17, 2026MLS #O6426011
About this home
NE 2ND TERRACE
Prime residential lot opportunity in Okeechobee, Okeechobee County, located at NE 2ND TER (Okeechobee, FL 34972). Situated in a desirable area, this property offers convenient access to nearby highways (approximately 0.67 miles), Storey Hunts (0.64 miles), and West HVAC/DUCT Clean Inc (0.57 miles). The lot is located in Flood Zone X, indicating minimal flood risk outside the 100- and 500-year floodplains, so standard building codes apply with no special elevation, flood-proofing, or mandatory flood insurance requirements. However, wetland presence is noted (Freshwater Marshes / Graminoid Prairie - Marsh), classified as protected wetlands which typically restrict or prohibit development; any construction would likely require permits, environmental impact assessments, delineation studies, and possible mitigation, increasing time, cost, and regulatory hurdles. Okeechobee County zoning applies outside city limits; contact the Okeechobee County Planning Department for parcel-specific info, a Zoning Verification Letter, and to verify all zoning, setbacks, utility availability, and development requirements. The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
Facts & features
The home at a glance
0.7 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$686 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$686/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
The numbers that matter
The Okeechobee market
$166K → $262K
Okeechobee median sold, yr/yr
95.3%
Sale-to-list ratio (12 mo)
Median sold price, Okeechobee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 76% below the Okeechobee median. See the full Okeechobee market guide →
Paper trail
This home's history
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.
Your agent
Pedro Ribeiro Gloria
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about NE 2ND TERRACE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for NE 2ND TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Pedro's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
NE 2ND TERRACE FAQs
What would the monthly payment be for NE 2ND TERRACE?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $686/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 NE 2ND TERRACE?+
The most recent tax bill on record (2025) was $175. 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 $70,000, this home is listed about 76% below the Okeechobee median of $287,450. The market section on this page shows how the area is trending.
Keep looking
Similar homes nearby
Listing courtesy of SUNLAND REAL ESTATE, LLC. · Javier Santana. MLS #O6426011.
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 Stellar MLS.
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