by Global Lifestyle Properties
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Okeechobee 34974
1240 SE 23rd Street
$430,000
● House - Off Market

1240 SE 23rd Street

Okeechobee, FL 34974
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,464 Ft²
$452,067
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Beautiful 3/2/2 CBS home 2464' under air,. Home features an open floor plan, volume ceilings, a large living area with dining room and additional area for office, TV room etc.  The home is located on a creek that leads to Lake Okeechobee and has a private dock.
Unit Size
2,464 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$178
Property Type
House
Property Taxes
$639
HOA Dues
$2
Year Built
1997

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 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 #R10787573)

Price History

Date / Event Date Event Price
Mar 24, 2022 Listed by Sweet Life Realty Group $439,000
Listed by Sweet Life Realty Group
Mar 24, 2022 Sold
Premium
Sold
May 26, 2015 Sold
Premium
Sold
Dec 13, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 614
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,778
  • Total Building Area: 3,078
  • Gross Building Area: 3,078
  • Building Area: 2,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,464
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUE HERON GOLF AND COUNTRY
  • Land Acres: 0000000477
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: BLUE HERON GOLF AND COUNTRY CLUB, PHASE 1 (PLAT BOOK 6 PAGES 50 & 51) LOT 24

Neighborhood

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

Geography

  • Subdivision Phase Number: 1
  • Parcel: 3-27-37-35-0330-00000-0240
  • Lot: 24
  • Meridian: SEC 27 TWN 37S RNG 35E
  • Municipality: CITY OF OKEECHOBEE
  • Latitude: 27.2217
  • Longitude: -80.8155

    Address

  • Full Address: 1240 Se 23rd St
  • Address - House Number: 1240
  • Street Direction: SE
  • Address - Street Name: 23rd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C003
  • 4-Digit Zip Code: 5365
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 3,104
  • Tax Year: 2022
  • Tax Amount: $830,849
  • Tax Rate Code Area: 050

    Market Valuation

  • Market Total Value: $332,264
  • Market Land Value: $65,000
  • Market Improvement Value: $267,264

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $332,264
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $267,264

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4084
  • Previous Sale Recording Date: May 26, 2015
  • Previous Sale Contract Date: May 21, 2015
  • Previous Sale Amount: $212,000
  • 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:

$315,000

Sale Price/ft²

$203

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1395 ft²

Average Home Age

42.1 years

Currently For Sale

21 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 1903 Sw 3rd Avenue, Okeechobee, FL, 34974

$2,550 /mo

  • 4 Beds
  • 2 Baths
  • 1,376 ft²
1903 Sw 3rd Avenue, Okeechobee, FL, 34974 Listing by Joseph W Stas

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Tamara Celeste
Sweet Life Realty Group
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10787573
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.

Frequently Asked Questions

When was property at 1240 Southeast 23rd Street built and last sold?
The property at 1240 Southeast 23rd Street was built in 1997 and last sold on Mar 22, 2022 for $430,000.
How much is this home worth?
The estimated value of the home located at 1240 Southeast 23rd Street is $447,048.
What are some comparable homes to 1240 Southeast 23rd Street?
There are currently no comparable homes to 1240 Southeast 23rd Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Okeechobee Homes for Sale
Okeechobee Houses for Sale
Okeechobee Condos for Sale
Okeechobee Townhouses for Sale
Okeechobee Multifamily for Sale
Okeechobee Land for Sale
Okeechobee Commercial for Sale
Okeechobee Homes with Basements
Nearby Cities
Port St. Lucie Homes for Sale
Florida Ridge Homes for Sale
Vero Beach South Homes for Sale
Vero Beach Homes for Sale
West Vero Corridor Homes for Sale
Gifford Homes for Sale
Lakewood Park Homes for Sale
Montura Homes for Sale
Nearby Property Records
Okeechobee County, FL Property Records
St. Lucie County, FL Property Records
Glades County, FL Property Records
Martin County, FL Property Records
Highlands County, FL Property Records
Indian River County, FL Property Records
Hendry County, FL Property Records
Palm Beach County, FL Property Records
Neighborhoods
The Reserve Real Estate
Town Park at Tradition Real Estate
Seasons at Tradition Real Estate
The Lakes at Tradition Real Estate
Heritage Oaks Real Estate
Promenade Square Real Estate
Victoria Parc Real Estate
Bedford Park Real Estate
Nearby Counties
Vero Beach Homes for Sale
Port St. Lucie Homes for Sale
Fellsmere Homes for Sale
Western Community Homes for Sale
Indiantown Homes for Sale
North Okeechobee Homes for Sale
West St. Lucie Homes for Sale
Belle Glade-Pahokee Homes for Sale
Top Real Estate Agents
Top Agents in Okeechobee
Top Agents in Port St. Lucie
Top Agents in Vero Beach
Top Agents in Port St. Lucie
Top Agents in 34953
Top Agents in 32967
Top Agents in 34986
Top Agents in 32962