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Okeechobee 34974
11789 SE 118th TRAIL
$245,000
● House - Off Market

11789 SE 118th TRAIL

OKEECHOBEE, FL 34974
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,206 Ft²
$291,833
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Motivated Seller! Offers Welcome! Spacious 3 bedroom 2 bathroom home in the Oaks at Okeechobee on almost a half of an acre. Located off of 441 SE between 15A and 15B. Easy commute to the East coast. This home has plenty of room for entertaining with 2206 square feet of living space and a split floor plan. The Master suite has a large closet and an additional room that can be used for an office or another space suited for your purposes.  The subfloor throughout the home was replaced in 2015 and the A/C was installed in 2014. The metal roof was installed professionally in 2019. Reverse Osmosis water system means clean filtered water throughout the home. Call Today.
Unit Size
2,206 Ft²
Days on Market
69 days
Land Size
0.40 acres
Price per sqft
$116
Property Type
House
Property Taxes
$97
HOA Dues
-
Year Built
2002

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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 #OK220295)

Price History

Date / Event Date Event Price
Aug 24, 2021 Sold
Premium
Sold
Jun 15, 2021 Listed by OKEECHOBEE HOMES AND LAND $255,000
Listed by OKEECHOBEE HOMES AND LAND
Jun 19, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 17
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,380
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 2,206
  • Gross Building Area: 2,206
  • Building Area: 2,206
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,206
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKS AT OKEECHOBEE
  • Land Acres: 0000000399
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: OAKS AT OKEECHOBEE (PLAT BOOK 7 PAGES 7 & 8) LOT 10

Neighborhood

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

Geography

  • Parcel: 1-23-38-36-0050-00000-0100
  • Lot: 10
  • Meridian: SEC 14 TWN 38S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.1551
  • Longitude: -80.7028

    Address

  • Full Address: 11789 Se 118th Trl
  • Address - House Number: 11789
  • Street Direction: SE
  • Address - Street Name: 118th
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R010
  • 4-Digit Zip Code: 3505
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 2,301
  • Tax Year: 2022
  • Tax Amount: $266,507
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 251,592
  • High Value: 361,493
  • Low Value: 141,690

    Market Valuation

  • Market Total Value: $225,232
  • Market Land Value: $16,412
  • Market Improvement Value: $208,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021010882
  • Previous Sale Recording Date: Jun 19, 2014
  • Previous Sale Contract Date: Jun 12, 2014
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: 68
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:

$335,000

Sale Price/ft²

$223

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1576 ft²

Average Home Age

26.3 years

Currently For Sale

231 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

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STELLAR

Listed by: Ethan Hales
OKEECHOBEE HOMES AND LAND
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220295
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 11789 Southeast 118th Trail built and last sold?
The property at 11789 Southeast 118th Trail was built in 2002 and last sold on Aug 17, 2021 for $245,000.
How much is this home worth?
The estimated value of the home located at 11789 Southeast 118th Trail is $0.
What are some comparable homes to 11789 Southeast 118th Trail?
There are currently no comparable homes to 11789 Southeast 118th Trail.
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