$65,000
●
Mobile Manufactured -
Off Market
1226 SW 44th Boulevard
Okeechobee, FL 34974
2 Beds
1 Bath
784 Ft²
$80,904
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Country Living at its BEST.
This is a fabulous opportunity to own in Palm Village Ranch at an affordable price.
Beautiful lot without homes behind you.
Brand New roof 2020, and the property is in super clean condition.
This is not a land lease, the purchase includes the land.
PALM VILLAGE RANCH IS an active 55+ retirement community with a clubhouse and swimming pool, activities and more.
Clean, Safe and Well maintained, Neighborhood which offers a welcome environment and friendly neighbors.
EXCELLENT INVESTMENT OPPORTUNITY. Tenant would like to continue renting from new owner, but not required. GREAT DEAL ACT FAST:
Measurements and room sizes should be confirmed by buyer.
This is a fabulous opportunity to own in Palm Village Ranch at an affordable price.
Beautiful lot without homes behind you.
Brand New roof 2020, and the property is in super clean condition.
This is not a land lease, the purchase includes the land.
PALM VILLAGE RANCH IS an active 55+ retirement community with a clubhouse and swimming pool, activities and more.
Clean, Safe and Well maintained, Neighborhood which offers a welcome environment and friendly neighbors.
EXCELLENT INVESTMENT OPPORTUNITY. Tenant would like to continue renting from new owner, but not required. GREAT DEAL ACT FAST:
Measurements and room sizes should be confirmed by buyer.
Unit Size
784 Ft²
Days on Market
506 days
Land Size
0.11 acres
Price per sqft
$89
Property Type
Mobile Manufactured
Property Taxes
$93
HOA Dues
$62
Year Built
1993
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100% Occupancy
N/A (extreme outlier) 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: 5 months ago (Beaches MLS #R10608486)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by LAKE O REAL ESTATE, LLC | $159,000 | |
| Listed by LAKE O REAL ESTATE, LLC | |||
| | |||
|
~Palm Villages Ranches~ Investors dream, 1993 SW mobile home. 2-bed 1 bath offers 1586 Sq ft of potential ideally situated right next to the clubhouse & mailboxes. Just minutes away from shopping and only 30 minutes from Brighton Bay Casino. Enjoy proximity to Lake Okeechobee the Fishing Capital. A fantastic opportunity for investors! All measurements are approximate.
| |||
| Aug 2, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by Keller Williams Realty Of The Treasure Coast | $70,000 | |
| Listed by Keller Williams Realty Of The Treasure Coast | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Okeechobee
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Listed by: Michelle Ethridge
Keller Williams Realty Of The Treasure Coast
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10608486
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Keller Williams Realty Of The Treasure Coast
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10608486
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