Southern Colonization Homes for Sale

Southern Colonization is a residential community in Okeechobee, Florida. Active listings are currently priced from $200K–$675K.

Pure Equity Realty covers Southern Colonization 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 40 Southern Colonization Okeechobee homes for sale as of October 2026. The median asking price is $370,000. Asking prices run from $299,000 to $975,000.

That is 32% above the Okeechobee median of $279,000. On a per-foot basis, homes here ask about $260 per square foot, compared with $200 across Okeechobee. So the median price buys roughly 1,400 square feet of living area.

Listings here have averaged 160 days on the market. That tracks the Okeechobee average of 169 days, so pricing and terms follow the wider city market.

Homes listed in Southern Colonization date from 1999 to 2025. That puts them between 1 and 27 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

Southern Colonization has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

Here is what the median Southern Colonization price means in Florida closing terms. At $370,000, a 20% down payment comes to about $74,000, leaving a loan near $296,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,036. Next, the intangible tax of 0.2% adds about $592. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Southern Colonization median, that is about $2,589.

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 Southern Colonization 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.