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About this home

NEW CONSTRUCTION COMPLETED IN 2026! Beautiful CBS 2BR/2BA home on 4.73 acres offering modern finishes and peaceful Okeechobee country living. Bright open floor plan with soaring ceilings, spacious kitchen with large island, abundant natural light and oversized sliders opening to a large covered rear porch overlooking the property. Set up for horses or livestock with a large horse barn, fenced areas and usable pasture. Mature trees provide privacy, and a small natural stream borders a portion of the property. CO issued in 2026. No HOA. A rare opportunity for new construction with acreage and an established horse setup! Need more space? The adjoining 4.73-acre property at 12851 NE 26th Ave is also available separately, featuring a spacious manufactured home, workshop/carport. 12851 NE 26th Ave is also available separately, featuring a spacious manufactured home, pond, workshop/carport and additional powered workshop/storage building. Purchase individually or combine both parcels for approximately 9.46 contiguous acres with two residences—an excellent opportunity for extended family, additional acreage, livestock, equipment or investment.

Facts & features

Interior

  • French Doors
  • Vaulted Ceiling(s)
  • Volume Ceilings

Appliances

  • Dishwasher
  • Microwave
  • Electric Range
  • Refrigerator

Cooling & heating

  • Central Air
  • Central

Flooring

  • Vinyl
  • Wood

Parking

  • 2 Or More Spaces
  • Driveway

Security

  • Smoke Alarm
  • Smoke Detector(s)
  • Smoke Detector

Pets

  • Yes

Construction & roof

  • Stucco
  • Comp Shingle Roof
  • Shingle

Assigned schools

Middle

Yearling

High

Okeechobee

School assignments should be independently verified.

Location

12951 NE 26th Avenue, Okeechobee

Mortgage Estimator

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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% · $110,000
%
$440,000 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
$3,855
Per month, all-in
76%P&I SHARE
Monthly breakdown
  • Principal & interest$2,92676%
  • Property taxes$48112%
  • Insurance$44812%

Tax: Martin County effective rate (1.05%). Source: FL Department of Revenue. Listing tax released — likely a lot-only new-construction assessment.

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
$131,980
Income to qualify
$166,000/yr
Credit-score impact

Improving from 740-759 to 760+ would save $36/mo and $12,732 over the life of this loan.

Over the life of the loan
Total paid
$1,053,307
Total interest
$613,307
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.