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Vera Vita Real Estate

— About this home

Opportunity to own a waterfront property in the Lakeport area! Situated on a canal with water frontage right in the backyard, this property offers a peaceful setting and plenty of potential to make it your own. The home features 800 square feet of living space on a generously sized lot, with room to enjoy the Florida outdoor lifestyle. Whether you're looking for a full-time residence, weekend getaway, fishing retreat, or investment opportunity, this property offers a great starting point. Conveniently located near Lake Okeechobee and the area's boating, fishing, and outdoor recreation. Bring your vision and discover the possibilities this waterfront property has to offer!

— Facts & features

Interior

  • No Interior Features

Exterior

  • Barbeque

Appliances

  • Microwave
  • Electric Range
  • Refrigerator

Cooling & heating

  • Heat Pump/Reverse Cycle

Flooring

  • Concrete
  • Tile
  • Wood

View

  • Water

Pets

  • Yes

Construction & roof

  • Frame
  • Frame With Stucco
  • Metal
  • Metal Roof

— Location

1041 PINE Way, Okeechobee

— Mortgage Estimator

Estimate your monthly cost.

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Home priceUSD
Enter as digits, with commas, or shorthand: 1.9M · 1900K · 1,895,000
ZIP codeMartin
Martin County (approximate from ZIP prefix).
Payment typeFinanced
Conventional or jumbo loan, depending on size.
Down payment20% · $39,980
%
$159,920 financed
Loan termyears
Base rate% (760+ band)
Loading current market rate...
Your rate at 740-759:6.995%(base + 0.12%)
Primary residenceNo
No homestead exemption — full property tax applies.
Credit score banddrives rate
Lenders price LLPA adjustments by credit band. See impact panel for monthly + lifetime deltas.
Your finances — optional, for DTI
Gross annual income
$
Other monthly debts
$
Household combined pre-tax income and the sum of your monthly debt-service payments (auto loans, student loans, credit-card minimums). We don't count groceries, utilities, or insurance — those don't factor into lender DTI.
— Estimated monthly
$1,403
Per month, all-in
76%P&I SHARE
Monthly breakdown
  • Principal & interest$1,06376%
  • Property taxes$17713%
  • Insurance$16312%

Tax: From listing — annual tax of record.

Insurance: Direct coastal exposure — Florida hurricane corridor. Estimate; actual quote can be 30–50% higher on older homes or homes without wind mitigation.

Cash & qualification
Cash at closing
$51,078
Income to qualify
$61,000/yr
Credit-score impact

Improving from 740-759 to 760+ would save $12/mo and $4,627 over the life of this loan.

Over the life of the loan
Total paid
$382,829
Total interest
$222,909
Paid off
2056
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The data relating to real estate for sale on this web site comes in part from the participants of the Miami Association of REALTORS® IDX program. Information is deemed reliable but not guaranteed. Listings displayed may not reflect all real estate activity in the market. Copyright © 2026 Miami Association of REALTORS®. All rights reserved.