$525,000
●
Land -
For Sale
1303 CABBAGE Lane
Okeechobee, FL 34974
Studio
0 Bath
$2,928
Est. Monthly
About This Property
Discover 20.83 acres of improved agricultural land in Cabbage Woods
Ranches, offering space, privacy, and exceptional versatility. The
property features a barn, well, septic system, pond, and electric
gated entrance-valuable improvements already in place for your
future farm, ranch, homestead, or recreational retreat. Zoned Open
Use Agricultural, with mobile homes permitted and no HOA. Enjoy
peaceful country living approximately 25 minutes from Okeechobee.
Optional owner financing is available with no prepayment penalty.
Schedule your private showing and explore the possibilities this
unique Florida acreage has to offer!
Unit Size
-
Days on Market
66 days
Land Size
20.83 acres
Price per sqft
-
Property Type
Land
Property Taxes
$350
HOA Dues
-
Year Built
-
Listed By
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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: 2 months ago (Beaches MLS #B26055618)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2026 | Listed by Divito Real Estate Group | $525,000 | |
| Listed by Divito Real Estate Group | |||
| Jun 6, 2025 | Listed | $499,000 | |
| Listed | |||
| | |||
|
HAPPY HORSES WELCOME! 21 Acre Picturesque Equine Paradise: Fall in LOVE as you enter, offering privacy and serenity. Strategically cleared and sodded. This pristine property is ready to build your new home. Solar panel power, 1200 gallon Septic/drain field, well and water softener. 4 stall barn with motion fans, wash station, tack room and bathroom. 4 Paddocks and exercise round pen. Lovely lighting around pond. Fully fenced, electric gate entrance. Grand Oaks & pines. Wonderland of deer, rabbits, wild turkey, quail and native birds. 2023 Forest River RV not included, but is negotiable. 25 mins west of town. Ideal for horse ownership, rescue/recovery center or equine camping site. Miles and miles of trails. This one has it all - created just for YOU!
| |||
Property Highlights
With View
Exterior Details
Other Structures: UtilityBuildings
Lot Features: Agricultural, Cleared, Pasture, ResidentialLot
Lot Size Area: 907354
Lot Size Units: Square Feet
Lot Size Acres: 20.83
Lot Size Square Feet: 907354
Water Source: Well
Financial Details
Tax Annual Amount: $4,199
Utilities Details
Sewer : Septic Tank
Comparables
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Type
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Asking Price
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HOA + Taxes
About Glades
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Listed by: Rebecca Pierce
Divito Real Estate Group
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26055618
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.
Divito Real Estate Group
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# B26055618
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017