CENTURY 21 Edge
$975,000$995,000$6,203 /mo all-in ↓

, OKEECHOBEE, FL, 34974

Active489 days on marketListed Mar 17, 2025MLS #R11072585

Reduced $20KAgricultureMARTIN COUNTY RANCH COMMUN

About this home

COME BUILD YOUR DREAM HOME ON THIS 20 ACRE HIGH & DRY PARCEL LOCATED IN THE ELEGANT SECURED - GATED EQUESTRIAN COMMUNITY OF MARTIN COUNTY RANCHES . MARTIN COUNTY RANCHES FEATURES GORGEOUS OAK - LINED ROADS AND STUNNING NATURAL VIEWS BOASTING 4.5 MILES OF BRIDAL TRAILS . THIS VERY UPSCALE HORSE AND / OR CATTLE RANCH COMMUNITY IS A HIDDEN GEM IN SOUTH FLORIDA! THIS IS YOUR OPPORTUNITY TO HAVE IT ALL. THERE IS ROOM FOR ALL YOUR RECREATIONAL NEEDS. BRING YOUR CAR COLLECTION , YOUR OFF ROAD TOYS AND YOUR HORSES ! UNDERGROUND UTILITIES AND FIBER OPTIC INTERNET IN PLACE. EASY ACCESS TO I-95 INTERSTATE & THE TURNPIKE . A 45 MINUTE DRIVE TO BEACH AND 1 HOUR TO PALM BEACH INTERNATIONAL AIRPORT.

Facts & features

The home at a glance

20.02 ac

Lot size

Inside

Outside & construction

FacesSouth

Community & fees

HOA fee$410/mo
Taxes (2024)$78/yr
CommunityHorses Permitted · Mandatory Hoa · Paved Road · Private Roads · Street Lights

Utilities & systems

UtilitiesNo Utilities · Other Utilities Available · None · Other

The numbers

What it really costs

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

$6,203 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$5,261
PMI (est., until 20% equity)$366
Property tax — 2024 actual bill$7
HOA fee — from the listing$410
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $97,500Loan30-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

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% · $97,500
Interest rate6.00%
Loan term

Estimated payment

$6,203/mo

Principal & interest$5,261
PMI (est., until 20% equity)$366
Property taxes (actual bill)$7
HOA / condo fee$410
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

Get to know Okeechobee. See the full Okeechobee guide →

OKEECHOBEE 34974 — neighborhood snapshot

Population

23,994

Median age

48.1

Median income

$50,671

Median home value

$162,900

Avg household

2.26

Households w/ children

2,418

The numbers that matter

The Okeechobee market

Seller’s marketBalanced5.1 months of inventoryBuyer’s market

$225K$338K

Okeechobee median sold, yr/yr

93.2%

Sale-to-list ratio (12 mo)

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

This home is listed 359% above the OKEECHOBEE 34974 median. See the full Okeechobee market guide →

Paper trail

This home's history

CurrentPrice reduced to $975,000 $20K
Mar 17, 2025Listed at $995,000 · 489 days on market since

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.

Tyler Stoddard

Your agent

Tyler Stoddard

REALTOR · CENTURY 21 Edge

Tours, negotiation, and every question about — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

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

See it in person

Schedule a tour

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

Straight answers

FAQs

What would the monthly payment be for ?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,203/mo — principal and interest, the actual property-tax bill, the $410/mo association fee 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.

How much are the HOA fees at ?+

The association fee works out to $410 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on ?+

The most recent tax bill on record (2024) was $78. 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 $975,000, this home is listed about 248% above the Okeechobee median of $279,950. The market section on this page shows how the area is trending.

The brief

Three things that matter here

01Positioned at the premium end

$975,000 runs 359% above the OKEECHOBEE 34974 median.

02Time on market is leverage

489 days on market against a Okeechobee median of 11 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $995,000, now $975,000 — a $20K cut. The full history is in the market section below.

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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