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Okeechobee 34974
1106 SE 9th DRIVE
$125,000
● House - Off Market

1106 SE 9th DRIVE

OKEECHOBEE, FL 34974
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,735 Ft²
$190,701
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Ole Florida home bursting with charm. Original wood floors and an open concept give this home such a spacious feeling. There is a room off of the three car carport that has water and everything needed to be converted into a mother in law suite. There is quite a bit of potential with this property. Large lot size and beautiful Oak trees await! It is CASH ONLY due to outdated wiring. There is no legal easement to property.
Unit Size
1,735 Ft²
Days on Market
98 days
Land Size
0.50 acres
Price per sqft
$95
Property Type
House
Property Taxes
$84
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 #OK220054)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
Apr 1, 2021 Listed by OKEECHOBEE HOMES AND LAND $165,000
Listed by OKEECHOBEE HOMES AND LAND
Nov 13, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • 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: 19
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 640
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,692
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,969
  • Gross Building Area: 1,969
  • Building Area: 1,969
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,969
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000498
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: UNPLATTED LANDS OF THE CITY BEING A PARCEL OF LAND LYING IN THE SOUTHEAST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 22, TOWNSHIP 37 SOUTH, RANGE 35 EAST, OKEECHOBEE COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEA

Neighborhood

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

Geography

  • Parcel: 2-22-37-35-0A00-00040-B000
  • Meridian: SEC 22 TWN 37S RNG 35E
  • Municipality: CITY OF OKEECHOBEE
  • Latitude: 27.2325
  • Longitude: -80.8205

    Address

  • Full Address: 1106 Se 9th Dr
  • Address - House Number: 1106
  • Street Direction: SE
  • Address - Street Name: 9th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C003
  • 4-Digit Zip Code: 5323
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 2,007
  • Tax Year: 2022
  • Tax Amount: $318,851
  • Tax Rate Code Area: 050

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 221,963
  • High Value: 318,921
  • Low Value: 125,004

    Market Valuation

  • Market Total Value: $209,661
  • Market Land Value: $28,512
  • Market Improvement Value: $181,149

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,284

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021008646
  • Previous Sale Recording Date: Nov 13, 1997
  • Previous Sale Contract Date: Nov 12, 1997
  • Previous Sale Amount: $9,750
  • Previous Sale Document Type: 55
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# OK220054
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 1106 Southeast 9th Drive built and last sold?
The property at 1106 Southeast 9th Drive was built in 1950 and last sold on Jul 8, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 1106 Southeast 9th Drive is $0.
What are some comparable homes to 1106 Southeast 9th Drive?
There are currently no comparable homes to 1106 Southeast 9th Drive.
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