EXCEPTIONAL VALUE - DOUBLE-LOT WATERFRONT PROPERTY WITH ROOM TO
CREATE SOMETHING SPECIAL! Located in laid-back, NO-HOA Buckhead
Ridge, this charming SINGLE-FAMILY HOME offers the space,
waterfront access and flexibility that are increasingly hard to
find at this price. Bring the BOAT, TRUCK AND RV! This 2BR/2BA home
offers approximately 1,576 SF of living space, possible 3rd
bedroom, all situated on an oversized approximately 1/3-acre DOUBLE
LOT. Enjoy nearly 130' of CONCRETE SEAWALL, fish right from your
backyard, tie up the boat out back, and cruise through the lock to
massive LAKE OKEECHOBEE for a day on the water. Covered porches in
both the front and back create the kind of relaxed Florida
lifestyle people are looking for - morning coffee, backyard BBQs,
watching the turtles and birds, or simply sitting over the water
enjoying an old-fashioned conversation. The SECOND LOT adds
tremendous value and versatility with a CONCRETE RV PAD, TWO 50-AMP
RV HOOKUPS, separate electric and water service, two storage sheds
with electricity, and an enclosed carport/garage. There is plenty
of room for your toys, equipment and projects - or imagine creating
the dream garage/workshop setup you've been wanting. Inside,
you'll find spacious rooms, HIGH CEILINGS, crown molding, beadboard
details and plenty of character. A large guest/flex suite (that was
previously 2 bedrooms and could potentially be converted back if
you need a 3rd bedroom) with SEPARATE ENTRANCE and newer mini-split
provides additional space for guests, extended living, a home
office, studio or hobby room. The property may also offer creative
income-producing possibilities, subject to applicable local
regulations. 2025 HOT WATER HEATER. With waterfront property,
a double lot, RV infrastructure and no HOA, there is plenty here to
work with and room to continue improving the property over time.
Whether you're looking for a FULL-TIME HOME, SEASONAL FLORIDA
GETAWAY, fishing retreat, or simply a property where you finally
have room for the RV, boat, garage and projects, this one delivers
an unusual combination of features. Boat ramp nearby plus
convenient access to shopping, dining and Lake Okeechobee.
DOUBLE LOT + WATERFRONT + APPROX. 130' CONCRETE SEAWALL + RV
SETUP + SEPARATE UTILITIES + NO HOA. Bring your ideas and
create your own Florida waterfront retreat - but don't wait too
long. The owners are considering keeping the property as a rental
and continuing the improvements themselves. Owner is a
licensed Florida real estate agent.
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.
Last updated: 15 days ago (Beaches MLS #B26037231)
Price History
Date / Event
Date
Event
Price
Sep 8, 2026
Price Decreased
$259,900
↓ $8K
(3%)
Price Decreased
Aug 11, 2026
Price Decreased
$268,000
↓ $31K
(10.4%)
Price Decreased
Jul 21, 2026
Price Increased
$299,000
↑ $14K
(4.9%)
Price Increased
Jul 14, 2026
Relisted
$285,000
Relisted
Jul 13, 2026
In contract
-
In contract
Jun 5, 2026
Listed by EXP Realty LLC
$285,000
Listed by EXP Realty LLC
Oct 29, 2025
Price Decreased
$292,500
↓ $3K
(0.9%)
Price Decreased
Oct 24, 2025
Price Decreased
$295,000
↓ $3K
(0.8%)
Price Decreased
Oct 12, 2025
Price Decreased
$297,500
↓ $2K
(0.8%)
Price Decreased
Sep 26, 2025
Listed
$299,900
Listed
DOUBLE LOT, 1/3 ACRE CANAL FRONT with LAKE ACCESS 130' CONCRETE SEAWALL, JUST MINS FROM THE LOCK TO LAKE OKEECHOBEE. NO HOA. Space for your BOAT/RV. Unique opportunity to own your own Tropical Mini-Resort Waterfront Oasis! Tie Up Your Pontoon Out Back & Cruise the Canal to Lake Okeechobee. Tucked away in a peaceful community yet just minutes from town, this unique single-family home offers the perfect retreat for those looking to escape the hustle and bustle. Whether you're dreaming of a relaxing vacation getaway within driving distance from West Palm or a fisherman's paradise where you can catch fish right from your backyard, this home delivers. This home offers immediate livability and charm, while being thoughtfully priced for those who may wish to make personal improvements over
Sep 17, 2025
Price Decreased
$320,000
↓ $4K
(1.2%)
Price Decreased
Sep 10, 2025
Price Decreased
$323,900
↓ $1K
(0.3%)
Price Decreased
Aug 19, 2025
Listed
$325,000
Listed
Look closely to see ALL that is here! DOUBLE LOT! 130 Foot Concrete SEAWALL. Second Lot has RV Hook Up With Water and Electricity 50 AMP, Concrete Pad. Carport/1 Car Garage, Two 10 x 12 sheds, portable studio is reserved. Use the existing outbuildings or build your big dream barn on the second lot! Unique home has high ceilings, crown molding, beadboard, wide trim. Plenty of room for your Toys and you can Dock your Boat right out back! Cruise the canal spontaneously or head out to World Class Bass Fishing Capital Lake Okeechobee for a day of fishing and boating. This is a Single Family Home with so much charm! Instant equity for the handyman or woman that can complete the vision for this tropical oasis!
Jun 24, 2025
Price Decreased
$289,900
↓ $5K
(1.7%)
Price Decreased
Jun 15, 2025
Price Decreased
$295,000
↓ $5K
(1.6%)
Price Decreased
Jun 10, 2025
Price Decreased
$299,900
↓ $20K
(6.1%)
Price Decreased
Jun 9, 2025
Price Decreased
$319,500
↓ $9K
(2.6%)
Price Decreased
May 22, 2025
Price Decreased
$328,000
↓ $7K
(2.1%)
Price Decreased
May 18, 2025
Listed
$335,000
Listed
NO HOA FEES. Single Family Home. 2010 Metal Roof. New Hot Water Heater. Ideal for an airbnb! So much potential to complete the remodel of this charming vintage cottage. /Canal Front/Navigable. Access to Lake Okeechobee thru Lock. Bass Fishing Capital of the World. The large mother-in-law suite with it's own entrance was the 2nd &3rd bedrooms but it was converted to 1 extra large by a previous owner. It's currently used as an art studio (photo is from when it was set up as a guest suite) Perfect set up for bnb or multigenerational/shared home situation. 2 Bathrooms. Large Covered Front Porch. Back Porch Over the Water. Flower Garden. 9' Ceilings. Crown Molding & Chair Rail. Some Hardwood Floors. Sale is subject to split of adjacent lot (1095 7th, listed separately at $95k). Seller will
May 17, 2023
No longer available
-
No longer available
May 11, 2023
Listed by Exp Realty LLC
$375,000
Listed by Exp Realty LLC
Calling all sportsmen, artists, naturalists & bird watchers! This is truly a unique, one of a kind canal front home and setting.Soaring ceilings, beadboard walls,large living areas and it is fantastic for a multi-generational family as it has a separate guest suite with it's own entrance. Watch the sunrise from the screened lanai that overlooks the water and then watch the sunset from your large old fashioned front porch! Watch the birds & turtles from the concrete seawall where you can dock your boat out back. Access to 467,000 acre Lake Okeechobee through the lock. Walk to the corner store or join the local lodge for bingo and weekly meals. A mile from the proposed world class marina, 4 miles from the pier at Lake Okeechobee, 7 miles from shops/restaurants. Seller is licensed realtor The manager has listed the unit size as 1151 square feet.
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