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2432 NW 5th Street, Okeechobee, FL, 34972

3beds
2baths
1,090sqft
$295,000
$271price/sqft
$2,419/moest. monthly cost
$96,760/yrincome needed

About This Home

Brand-new construction offering a functional open-concept layout with durable Florida construction. This 3-bedroom, 2-bath home features a split floor plan, spacious living area, and well-designed kitchen ideal for everyday living. Built with CBS (concrete block) construction and topped with a metal roof for longevity and low maintenance. The primary bedroom includes a private en-suite bath and walk-in closet, while two additional bedrooms provide flexibility for family, guests, or a home office. Covered front porch adds welcoming curb appeal. New construction—everything is brand new. Ideal for primary residence or investment.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

2/10
Central Elementary SchoolGrades PK-51.3 mi
3/10
Yearling Middle SchoolGrades 6-81.6 mi
3/10
Okeechobee High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Ice Maker,Microwave,Range,Refrigerator
  • Laundry features: Common Area,Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Eat-in Kitchen,Other,Walk-In Closet(s)
  • Window features: Double Pane Windows,ENERGY STAR Qualified Windows
  • Flooring: Other,Vinyl,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,090 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 11737350020003600020
  • Zoning: Residential
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Outdoor Living Area

Lot

  • Lot size: 0.27 Acres
  • Features: 1/4 to 1/2 Acre Lot

Parking

  • Total spaces: 2
  • Parking features: Concrete,Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Hurricane
    HurricaneRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Hurricane
Strong Wind
Inland Flooding
Tornado
Wildfire

FEMA Declared Disasters in Okeechobee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,491$17,892
Home Insurance *$161$1,932
Property Taxes $570$6,840
Electricity $197$2,366
Total$2,419$29,028
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,937/yr
40% on housing$72,570/yr
45% on housing$64,506/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$271This listing

vs Other Active Listings

Avg $/sqft

ZIP 34972$171
Okeechobee County$169

vs Homes Sold Last Month

Median $/sqft

ZIP 34972$172
Okeechobee County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Price change$290,000
2026-03-12Price change$295,000
2026-02-10Listed for sale$305,000
2024-01-19Sold$21,900
2024-01-08Pending sale$21,900
2024-01-04Listed for sale$21,900

New Construction

AgentErica C Harvey
BrokerageLPT Realty, LLC

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