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1211 9th Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2026 | Price Decreased |
$46,900
↓ $3K
(6.2%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by Lake O Real Estate, LLC | $50,000 | |
| Listed by Lake O Real Estate, LLC | |||
| Jul 23, 2025 | Listed by LAKE O REAL ESTATE, LLC | $50,000 | |
| Listed by LAKE O REAL ESTATE, LLC | |||
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Discover the potential of this vacant lot located at 1211 9th St, Okeechobee, FL 34974, a promising opportunity for visionaries and developers alike. This property offers a generous expanse of land, providing ample space to bring your architectural dreams to life, be it a family home, a vacation retreat, or an investment project. Situated in the up-and-coming neighborhood of Buckhead Ridge, the lot is positioned to capitalize on both tranquility and accessibility. This area is known for its friendly community and scenic surroundings, making it an ideal place for those looking to build in a peaceful yet connected location. Adding to the allure, the property is just a short drive from the vibrant Brighton Reservation Casino, offering entertainment and dining options that are sure to enhance the lifestyle of future residents or visitors. This nearby attraction adds a unique touch to the locale, blending relaxation with recreational opportunities. The town of Okeechobee is appreciated for its laid-back atmosphere and is home to a variety of local amenities, including shops, schools, and parks. Its proximity to water bodies and natural reserves also makes it a perfect spot for outdoor enthusiasts. This land for sale represents not just a space, but an opportunity to create and contribute to the community while enjoying the benefits of a developed and dynamic neighborhood. Don’t miss out on the chance to own and develop in this inviting area of Okeechobee, Florida. All measurements are approximate.
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| Jan 5, 2025 | Listed | $55,000 | |
| Listed | |||
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Lake Okeechobee Access - Buckhead Ridge - Vacant lot on good canal ready for your home. It needs some clearing but a nice lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017