22
Map
$399,999
●
House -
For Sale
1095 CHOBEE Loop
Okeechobee, FL 34974
2 Beds
1 Bath
1,298 Ft²
$2,264
Est. Monthly
About This Property
Enjoy the best of waterfront living with this unique property
featuring two recently updated homes on one parcel. The main home
offers 2 bedrooms, 1 bathroom, while the second is a 1-bedroom,
1-bath efficiency, providing excellent flexibility for guests,
extended family, or rental income. Both homes feature metal roofs.
Enjoy private lake access with your own boat ramp, a spacious
Florida room, covered carport, and a long driveway with plenty of
room for RVs, boats, and trailers. Whether you're looking for a
primary residence, vacation getaway, or income-producing
opportunity, this property offers endless possibilities.
Unit Size
1,298 Ft²
Days on Market
53 days
Land Size
0.33 acres
Price per sqft
$308
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1982
Listed By
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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: 2 months ago (Beaches MLS #B26060576)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2026 | Listed by All Properties Realty Group | $399,999 | |
| Listed by All Properties Realty Group | |||
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2023 | Listed by Dalton Wade Inc | $318,000 | |
| Listed by Dalton Wade Inc | |||
   | |||
|
A beautiful, waterfront multifamily home with Lake Okeechobee access that offers not one, but two spacious units, each with its unique features and layout. The main home includes 2 bedrooms, 1 bath and a spacious Florida room. Also included you will find the perfect cottage to house your family during the holidays or use it as an income producing rental! The in law suite/cottage includes a 1 bedroom, 1 bath. The exterior comprises a spacious carport and shed for all your toys! The property has its own private boat ramp with Lake Okeechobee access. Bring your boat, fishing poles and enjoy the serene backyard on the water while enjoying the Florida weather year-round.
This property would also be a great Investment opportunity for rental/AirBnb income!
| |||
| Jul 7, 2023 | No longer available | - | |
| No longer available | |||
| Jul 6, 2022 | Listed by Anderson Realty | $354,000 | |
| Listed by Anderson Realty | |||
| | |||
|
LAKE OKEECHOBEE ACCESS - Exceptional property. It is a MULTI FAMILY. You have a CBS home in front of property, 2/1 with ceramic tile, huge florida room, open and perfect size. In the back of property is a cottage that has been updated, ceramic tile throughout, updated bathroom, new CPVC in bathroom, electric outside, plug for generator to run cottage, 50 amps, generator stays, ADT with camera and fire alarm. It has a boat ramp, huge carport, a shed 8 x 10. This is a great investment property or you have a perfect mother-in-law cottage, or a man cave. The manager has listed the unit size as 936 square feet.
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Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Carport
Has Open Parking
Parking Features: Attached Carport, Concrete, Covered, Carport, Detached Carport, Driveway, Detached, RV Access/Parking
Interior Details
Full Bathrooms: 1
Interior Features: Wet Bar, Storage, Bar, Walk-In Closet(s), KitchenDiningCombo, None
Appliances: Dryer, Electric Range, Microwave, Range, Refrigerator, Washer
Flooring Type: Ceramic Tile, Tile, Wood
Laundry Features: Inside, Laundry Room
Exterior Details
Square Footage: 1298
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Ranch
Year Built: 1985
Waterfront Features: Canal Access, Canal Front, Lake Privileges, Navigable Water, Seawall
Building Area Total: 1578
Levels: One
Other Structures: Guest House, RV/Boat Storage, Shed(s), Storage
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Covered, Patio, Porch, Screened
Lot Features: QuarterToHalfAcreLot
Lot Size Area: 14374.8
Lot Size Units: Square Feet
Lot Size Acres: 0.33
Lot Size Square Feet: 14374.8
Lot Size Dimensions: 90 x 162
Water Source: Public
Financial Details
Tax Annual Amount: $3,598
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Heating Type: Central, Wall Furnace
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Buckhead Ridge
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Listed by: Toni Sposato
All Properties Realty Group
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26060576
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.
All Properties Realty Group
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26060576
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