River Acres Homes for Sale

River Acres is a residential community in Okeechobee, Florida.

Pure Equity Realty covers River Acres 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 River Acres Okeechobee homes for sale as of October 2026. The median asking price is $299,000. Asking prices run from $299,000 to $300,000.

That is 7% above the Okeechobee median of $279,000. On a per-foot basis, homes here ask about $353 per square foot, compared with $200 across Okeechobee. So the median price buys roughly 850 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 56 days on the market. That is faster than the Okeechobee average of 169 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in River Acres date from 1980 to 1990. That puts them between 36 and 46 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 River Acres price means in Florida closing terms. At $299,000, a 20% down payment comes to about $60,000, leaving a loan near $240,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $838. Next, the intangible tax of 0.2% adds about $479. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the River Acres median, that is about $2,096.

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 River Acres 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.