$275,000
●
House -
Off Market
1089 5th Street
Okeechobee, FL 34974
2 Beds
2 Baths
2,041 Ft²
$1,531
Est. Monthly
About This Property
Two homes in one! Waterfront property on nearly a half-acre. Don't
overlook what this has to offer. Such a lovely, solid home. Some of
the impressive features: 32' long garage, 20x20 carport, 10x14
shed, 2 driveways, concrete rear patio, covered two-sided boat
dock, fish cleaning house, chain-link fence w/large rolling gate.
The condition of this home is beyond belief as the original windows
and tile throughout is as the day it was constructed. The In-Law
Suite is grandiose! Avid boaters/fishers - take a look at your new
waterfront home! Plenty of storage and parking for your boats!
Erected in Buckhead Ridge (Glades County), a desirable little
community just over the Kissimmee River Bridge. Great location,
great street, great neighbors! Easy access to Lake Okeechobee.
Groovy!
Unit Size
2,041 Ft²
Days on Market
72 days
Land Size
0.30 acres
Price per sqft
$140
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1977
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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: 6 months ago (Beaches MLS #R10955134)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Jan 30, 2024 | Listed by EXP Realty LLC | $285,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Two homes in one! Waterfront property on nearly a half-acre. Don't overlook what this has to offer. Such a lovely, solid home. Some of the impressive features: 32' long garage, 20x20 carport, 10x14 shed, 2 driveways, concrete rear patio, covered two-sided boat dock, fish cleaning house, chain-link fence w/large rolling gate. The condition of this home is beyond belief as the original windows and tile throughout is as the day it was constructed. The In-Law Suite is grandiose! Avid boaters/fishers - take a look at your new waterfront home! Plenty of storage and parking for your boats! Erected in Buckhead Ridge (Glades County), a desirable little community just over the Kissimmee River Bridge. Great location, great street, great neighbors! Easy access to Lake Okeechobee. Groovy!
| |||
| Jan 2, 2020 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Sold On
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About Buckhead Ridge
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Listed by: Lori Fairchild
EXP Realty LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10955134
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.
EXP Realty LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10955134
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017