505 SE 18th Way, Okeechobee FL 34974, OKEECHOBEE, FL, 34974
Active260 days on marketListed Nov 15, 2025MLS #R11141140
About this home
505 SE 18th Way, Okeechobee FL 34974
This home will WOW you! On almost 3/4 of an acre, this magnificent home has everything you need. It has a small efficiency beside the home, a carport/workshop area, two separately fenced sections, a horse stable with attached A/C-ed room, outdoor kitchen and private pool and hot tub. It's situated on a dead end road for added privacy and has a newer roof. The sunken living room features one wall with tall windows to let in the natural sunlight with attached bookshelves on each side and a wood fireplace. The French doors to the master bedroom lead to a large room and master bath, which includes double sinks, spa tub and separate shower and linen closet. Upstairs you'll find two bedrooms and a bathroom that has a huge storage area inside. The loft that overlooks the living room has an area to make a quiet retreat. The ceiling beams and kitchen cabinets feature real cedar wood. Outside the dining room doors, you'll find the outdoor kitchen with covered seating area and a heated saltwater pool and hot tub that's completely screened in. The spacious yard has banana and mango trees, large shade trees, fire pit area. This home has a newer roof.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
2,634
Sqft
0.69 ac
Lot size
1987
Year built
2
Levels
$205
Per sqft
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.
$3,845 /mo · 3.5% down FHA, 30-yr fixed at 6%
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
$3,845/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Okeechobee actives
$205 vs $203
Days on market
260 vs 11 typical
Where $205/sqft sits among the 278 Okeechobee actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Okeechobee
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
$225K → $338K
Okeechobee median sold, yr/yr
93.2%
Sale-to-list ratio (12 mo)
18 of 278
Okeechobee actives have cut their price
Median sold price, Okeechobee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 157% above the OKEECHOBEE 34974 median. See the full Okeechobee market guide →
Paper trail
This home's history
Reality check
What actually sold near 505 SE 18th Way
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$260,000
1404 SE 4th Street, Okeechobee FL 34974 · same community
2 bd · 2 ba · 1,236 sqft · $210/sqft · 66 DOM
Sold · Feb ’26$1,075,000
2085 SE 4TH STREET · same community
4 bd · 3 ba · 6,284 sqft · $171/sqft · 142 DOM
Sold · Jan ’26$275,000
601 SE 6TH AVENUE
4 bd · 3 ba · 2,146 sqft · $128/sqft · 101 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 505 SE 18th Way — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 505 SE 18th Way — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
505 SE 18th Way FAQs
What would the monthly payment be for 505 SE 18th Way, Okeechobee FL 34974?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,845/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 505 SE 18th Way, Okeechobee FL 34974?+
The most recent tax bill on record (2024) was $3,287. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 505 SE 18th Way, Okeechobee FL 34974?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Okeechobee?+
At $539,000, this home is listed about 93% above the Okeechobee median of $279,950. The market section on this page shows how the area is trending.
The brief
Four things that matter here
01Positioned at the premium end
$539,000 runs 157% above the OKEECHOBEE 34974 median — but at 2,634 sqft it's also nearly twice the size of the typical Okeechobee listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Time on market is leverage
260 days on market against a Okeechobee median of 11 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $549,000, now $539,000 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
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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