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Buckhead Ridge 34974
1102 Palm COURT
$255,000
● House - Off Market

1102 Palm COURT

OKEECHOBEE, FL 34974
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$262,549
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Buckhead Ridge at its finest!! This Perfect well-maintained home has beautiful curb appeal and features 2 bedrooms, 2 bathrooms with a bonus room/man cave or 3rd bedroom and a screened in lanai. Metal garage with an electric garage door opener, insulated roof 14x 36 big enough for your bass boat, an additional building 10x14 with electric, insulated walls and roof, and of course a screened in fish cleaning station. Metal roof replaced 2015, septic system pumped 2019, lawn sprinklers with new 1.5 Hp pump replaced 2021. Anderson windows throughout the home with Hardened glass and hurricane panels. Mint condition, this home is a must see! All measurements are approximate.
Unit Size
1,300 Ft²
Days on Market
67 days
Land Size
0.33 acres
Price per sqft
$199
Property Type
House
Property Taxes
$65
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #OK220999)

Price History

Date / Event Date Event Price
Apr 19, 2022 Sold
Premium
Sold
Jan 31, 2022 Listed by LAKE O REAL ESTATE, LLC $259,000
Listed by LAKE O REAL ESTATE, LLC
Mar 1, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1993
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 10
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,549
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 1,825
  • Gross Building Area: 1,937
  • Building Area: 1,825
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,825
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTLAKE SUB
  • Land Acres: 0000000334
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: LOT 5 WESTLAKE SUB GC PB 3 PGS 129-130

Neighborhood

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

Geography

  • Assessors Map Reference: 202C
  • Parcel: S36-38-34-006-0000-0050
  • Lot: 5
  • Meridian: SEC 35 TWN 38 RNG 34
  • Municipality: CMTY OF BUCKHEAD RIDGE
  • Latitude: 27.1331
  • Longitude: -80.8976

    Address

  • Full Address: 1102 Palm Ct
  • Address - House Number: 1102
  • Address - Street Name: Palm
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R004
  • 4-Digit Zip Code: 0526
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,374
  • Tax Year: 2023
  • Tax Amount: $242,574
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.4879
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 2
  • Final Value: 172,780
  • High Value: 257,082
  • Low Value: 88,477

    Market Valuation

  • Market Total Value: $172,482
  • Market Land Value: $39,060
  • Market Improvement Value: $133,422

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,482
  • Assessed Land Value: $39,060
  • Assessed Improvements Value: $133,422

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 08, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1238
  • Previous Sale Recording Date: Mar 01, 2013
  • Previous Sale Contract Date: Feb 27, 2013
  • Previous Sale Amount: $61,300
  • Previous Sale Document Type: 71
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:

$375,000

Sale Price/ft²

$240

Above Asking

0.00%

Average Days on Market

72

Average Home Size

1286 ft²

Average Home Age

50.6 years

Currently For Sale

14 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

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Rhonda Patrick
LAKE O REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220999
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 1102 Palm Court built and last sold?
The property at 1102 Palm Court was built in 1988 and last sold on Apr 8, 2022 for $255,000.
How much is this home worth?
The estimated value of the home located at 1102 Palm Court is $0.
What are some comparable homes to 1102 Palm Court?
There are currently no comparable homes to 1102 Palm Court.
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