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Okeechobee 34974
1105 SE 5th STREET
$138,200
● House - Off Market

1105 SE 5th STREET

OKEECHOBEE, FL 34974
bedrooms
2 Beds
bathrooms
1 Bath
square feet
964 Ft²
$161,229
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Delightful little 2/1 recently renovated. House is in city limits and on 1/3 of an acre with fenced yard. Solid concrete CBS house that has been recently udgraded and ready for new owners. Nice concrete pad for you to park on that is shaded by a beautiful oak tree. Attached utility room with newer water heater. House would make a great rental property for investors or a wonderful home for you!
Unit Size
964 Ft²
Days on Market
87 days
Land Size
0.33 acres
Price per sqft
$145
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
1950

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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 #OK220137)

Price History

Date / Event Date Event Price
Jul 26, 2021 Sold
Premium
Sold
Apr 27, 2021 Listed by OKEECHOBEE HOMES AND LAND $139,500
Listed by OKEECHOBEE HOMES AND LAND
Dec 27, 2004 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 6
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,461
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 500
  • Total Building Area: 964
  • Gross Building Area: 964
  • Building Area: 964
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 964
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WRIGHTS FIRST ADDITION
  • Land Acres: 0000000332
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: WRIGHTS FIRST ADDITION TO OKEECHOBEE (PLAT BOOK 1 PAGE 13) LOTS 10 & 11 BLOCK 2

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910500

Geography

  • Parcel: 3-22-37-35-0230-00020-0100
  • Block: 2
  • Lot: 10,11
  • Meridian: SEC 22 TWN 37S RNG 35E
  • Municipality: CITY OF OKEECHOBEE
  • Latitude: 27.2396
  • Longitude: -80.8178

    Address

  • Full Address: 1105 Se 5th St
  • Address - House Number: 1105
  • Street Direction: SE
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C003
  • 4-Digit Zip Code: 4607
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,025
  • Tax Year: 2022
  • Tax Amount: $108,872
  • Tax Rate Code Area: 050

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 75,966
  • High Value: 109,149
  • Low Value: 42,782

    Market Valuation

  • Market Total Value: $93,456
  • Market Land Value: $17,820
  • Market Improvement Value: $75,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,951

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021009387
  • Previous Sale Recording Date: Dec 27, 2004
  • Previous Sale Contract Date: Nov 04, 2004
  • Previous Sale Amount: $65,500
  • 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 Okeechobee

Stats & Trends

Median Asking:

$316,995

Sale Price/ft²

$204

Below Asking

0.04%

Average Days on Market

90

Average Home Size

1504 ft²

Average Home Age

39 years

Currently For Sale

23 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 704 Sw 6th Street, Okeechobee, FL, 34974

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
704 Sw 6th Street, Okeechobee, FL, 34974 Listing by Michael J Johnston
Unit for rent at 3633 Se 20th Terrace, OKEECHOBEE, FL, 34974

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,034 ft²
3633 Se 20th Terrace, OKEECHOBEE, FL, 34974 Listing by Winston Ward, II

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Daniel Rickards
OKEECHOBEE HOMES AND LAND
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220137
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 1105 Southeast 5th Street built and last sold?
The property at 1105 Southeast 5th Street was built in 1950 and last sold on Jul 23, 2021 for $138,200.
How much is this home worth?
The estimated value of the home located at 1105 Southeast 5th Street is $0.
What are some comparable homes to 1105 Southeast 5th Street?
There are currently no comparable homes to 1105 Southeast 5th Street.
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