Basswood Inc Un Homes for Sale

Basswood Inc Un is a residential community in Okeechobee, Florida.

Pure Equity Realty covers Basswood Inc Un and the Okeechobee area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Basswood Inc Un Okeechobee homes for sale as of October 2026. The median asking price is $187,000.

That is 33% below the Okeechobee median of $279,000. On a per-foot basis, homes here ask about $201 per square foot, roughly in line with the city at $200. So the median price buys roughly 950 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 246 days on the market. That is slower than the Okeechobee average of 169 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Basswood Inc Un date from 1963, so they are about 63 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Basswood Inc Un price means in Florida closing terms. At $187,000, a 20% down payment comes to about $37,000, leaving a loan near $150,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $524. Next, the intangible tax of 0.2% adds about $299. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Basswood Inc Un median, that is about $1,309.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Basswood Inc Un listings show assignments to Seminole (Okeechobee) (elementary), Yearling (middle) and Okeechobee (high). However, boundaries can change each year, so confirm the assignment for a specific address with the county school district.