The Southern Colonization Company Homes for Sale

The Southern Colonization Company is a residential community in Okeechobee, Florida.

Pure Equity Realty covers The Southern Colonization Company 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 12 The Southern Colonization Company Okeechobee homes for sale as of October 2026. The median asking price is $411,000. Asking prices run from $380,000 to $442,000.

That is 47% above the Okeechobee median of $279,000. On a per-foot basis, homes here ask about $281 per square foot, compared with $200 across Okeechobee. So the median price buys roughly 1,450 square feet of living area.

Listings here have averaged 116 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 The Southern Colonization Company date from 2005, so they are about 21 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Here is what the median The Southern Colonization Company price means in Florida closing terms. At $411,000, a 20% down payment comes to about $82,000, leaving a loan near $329,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,151. Next, the intangible tax of 0.2% adds about $658. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the The Southern Colonization Company median, that is about $2,877.

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 The Southern Colonization Company 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.