by Global Lifestyle Properties
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Glades 34974
1041 Sabal Palm DRIVE
$260,000
● House - Off Market

1041 Sabal Palm DRIVE

OKEECHOBEE, FL 34974
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1,653 Ft²
$288,462
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

LAKEPORT - CBS 2/3 with workshop, 10x12 shed,2019 new roof and A/C and eavestrough, impact windows, there is a well on the property to run the irrigation system.  Home has a huge pantry. There is a full bathroom in the workshop.  It is on a nice quiet street.  There are no houses behind him or across the street.
Unit Size
1,653 Ft²
Days on Market
241 days
Land Size
0.26 acres
Price per sqft
$169
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
2003

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #OK220891)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Dec 24, 2021 Listed by ANDERSON REALTY $279,000
Listed by ANDERSON REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 625
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,238
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 2,340
  • Gross Building Area: 2,340
  • Building Area: 1,715
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,715
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS POINT SUB
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: LOT 2 CYPRESS POINT SUB (UNIT 2) GC PB 4 PG 102

Neighborhood

  • School District Name: Glades County School District
  • Census Tract: 000100

Geography

  • Assessors Map Reference: 168B
  • Parcel: S18-40-33-003-0000-0020
  • Lot: 2
  • Municipality: CMTY OF LAKEPORT
  • Latitude: 27.0021
  • Longitude: -81.0614

    Address

  • Full Address: 1041 Sabal Palm Dr
  • Address - House Number: 1041
  • Address - Street Name: Sabal Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R006
  • 4-Digit Zip Code: 9626
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 2,050
  • Tax Year: 2023
  • Tax Amount: $367,844

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 250,672
  • High Value: 365,113
  • Low Value: 136,230

    Market Valuation

  • Market Total Value: $207,742
  • Market Land Value: $30,660
  • Market Improvement Value: $177,082

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,742
  • Assessed Land Value: $30,660
  • Assessed Improvements Value: $177,082

    Sales

  • Current Sale Contract Date: Aug 22, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2694
  • Previous Sale Recording Date: Jan 24, 2003
  • Previous Sale Contract Date: Jan 24, 2003
  • Previous Sale Amount: $14,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Glades

Stats & Trends

Median Asking:

$327,000

Sale Price/ft²

$209

Below Asking

0.03%

Average Days on Market

102

Average Home Size

1537 ft²

Average Home Age

26.7 years

Currently For Sale

82 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Vicki Anderson
ANDERSON REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220891
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1041 Sabal Palm Drive built and last sold?
The property at 1041 Sabal Palm Drive was built in 2003 and last sold on Aug 22, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 1041 Sabal Palm Drive is $0.
What are some comparable homes to 1041 Sabal Palm Drive?
There are currently no comparable homes to 1041 Sabal Palm Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Northeast Glades Homes for Sale
Northeast Glades Houses for Sale
Northeast Glades Land for Sale
Northeast Glades Commercial for Sale
Northeast Glades Homes with Basements
Northeast Glades Homes with Pools
Northeast Glades Homes with Parking
Northeast Glades Homes with Garages
Nearby Cities
Port LaBelle Homes for Sale
Montura Homes for Sale
Sebring Homes for Sale
Fort Denaud Homes for Sale
Alva Homes for Sale
LaBelle Homes for Sale
Taylor Creek Homes for Sale
Pioneer Homes for Sale
Nearby Property Records
Glades County, FL Property Records
Okeechobee County, FL Property Records
Highlands County, FL Property Records
Hendry County, FL Property Records
St. Lucie County, FL Property Records
Martin County, FL Property Records
DeSoto County, FL Property Records
Indian River County, FL Property Records
Neighborhoods
Belle Glade Real Estate
Ridgeway Beach Real Estate
Okeelanta Real Estate
Nearby Counties
Sebring Homes for Sale
Lake Placid Homes for Sale
Okeechobee Homes for Sale
Indiantown Homes for Sale
North Okeechobee Homes for Sale
West St. Lucie Homes for Sale
Southwest Glades Homes for Sale
Belle Glade-Pahokee Homes for Sale
Top Real Estate Agents
Top Agents in Northeast Glades
Top Agents in 33972
Top Agents in Sebring
Top Agents in Lake Placid
Top Agents in 33852
Top Agents in 33935
Top Agents in 34987
Top Agents in 33870