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Buckhead Ridge 34974
1045 Elm Street
$227,900
● House - Off Market

1045 Elm Street

Okeechobee, FL 34974
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,034 Ft²
$1,375
Est. Monthly

About This Property

Heard you've been searching for an affordable waterfront home away from the coast! Good news...this 1229 sq ft 2/1 home is cute, clean, and simply waiting for you to enjoy peaceful, easy living - right on a wide canal with your own covered boat slip. Located in Okeechobee (Buckhead Ridge in Glades County) a great location where you'll have an opportunity to own a slice of nice. Surrounded by the 2nd largest freshwater lake and less than 2 miles from the Kissimmee River makes this your perfect place for fishing, hunting, gardening and blooming where you knew you were to be planted all along! Your search is over...
Unit Size
1,034 Ft²
Days on Market
21 days
Land Size
0.18 acres
Price per sqft
$222
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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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: 7 months ago (Beaches MLS #R10992971)

Price History

Date / Event Date Event Price
Jun 25, 2024 Sold
Premium
Sold
Jun 3, 2024 Listed by EXP Realty LLC $229,900
Listed by EXP Realty LLC
Sep 23, 2021 Sold
Premium
Sold
Dec 31, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 20
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 7,710
  • Total Building Area: 960
  • Gross Building Area: 1,120
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUCKHEAD RIDGE PARK
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: LOT 17 BUCKHEAD RIDGE PARK REPLAT GC PB 3 PG 29

Neighborhood

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

Geography

  • Assessors Map Reference: 202C
  • Parcel: S36-38-34-004-0000-0170
  • Lot: 17
  • Meridian: SEC 36 TWN 38 RNG 34
  • Municipality: CMTY OF BUCKHEAD RIDGE
  • Latitude: 27.1258
  • Longitude: -80.8889

    Address

  • Full Address: 1045 Elm St
  • Address - House Number: 1045
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R004
  • 4-Digit Zip Code: 0250
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,034
  • Tax Year: 2023
  • Tax Amount: $294,229
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.4879
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 2
  • Final Value: 157,361
  • High Value: 234,140
  • Low Value: 80,581

    Market Valuation

  • Market Total Value: $157,656
  • Market Land Value: $53,014
  • Market Improvement Value: $104,642

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,656
  • Assessed Land Value: $53,014
  • Assessed Improvements Value: $104,642

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 202122002966
  • Previous Sale Recording Date: Dec 31, 2020
  • Previous Sale Contract Date: Dec 28, 2020
  • Previous Sale Amount: $17,000
  • Previous Sale Document Type: 55
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 Buckhead Ridge

Stats & Trends

Median Asking:

$357,450

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

73

Average Home Size

1263 ft²

Average Home Age

47.9 years

Currently For Sale

13 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

Unit for rent at 1205 Lisa Lane, OKEECHOBEE, FL, 34974

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,260 ft²
1205 Lisa Lane, OKEECHOBEE, FL, 34974 Listing by Diana Villarreal
Unit for rent at 1134 6th Street, Okeechobee, FL, 34974

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,425 ft²
1134 6th Street, Okeechobee, FL, 34974 Listing by Krystal Moore

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Lori Fairchild
EXP Realty LLC
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10992971
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 1045 Elm Street built and last sold?
The property at 1045 Elm Street was built in 1973 and last sold on Sep 20, 2021 for $40,000.
How much is this home worth?
The estimated value of the home located at 1045 Elm Street is $0.
What are some comparable homes to 1045 Elm Street?
There are currently no comparable homes to 1045 Elm Street.
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