$490,000
●
House -
Off Market
13415 NE 7th Terrace
Okeechobee, FL 34972
5 Beds
3 Baths
3,124 Ft²
$508,597
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
NO HOA AND THE LOT NEXT DOOR IS INCLUDED AT NO EXTRA COST! This
open concept home is situated in the perfect place for entertaining
and enjoying outdoor life at nearby Lake Okeechobee, local golfing,
hunting and all the things that a Central Florida lifestyle offers.
It is only a short 9-mile drive to the Lake. Park your boat, RV,
ATVs, etc. on your adjacent lot. Put up a play structure or a cozy
firepit. No HOA to tell you ''No.'' Have a wonderful time
enjoying spectacular sunsets as you lounge by your pool overlooking
the greenery in the open spaces behind the home. 5 beds 3 baths.
The 5th bed is a suite in the back of the home with a Private
Entry and sliding doors out to the pool. The Kitchen is spacious
and perfect for anyone who enjoys cooking. This is too good to pass
up! All measurements are approximate and should be verified by your
agent.
Unit Size
3,124 Ft²
Days on Market
265 days
Land Size
-
Price per sqft
$160
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
2010
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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: 5 months ago (Beaches MLS #R10818804)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2022 | Listed by COLDWELL BANKER REALTY PALM BE | $499,888 | |
| Listed by COLDWELL BANKER REALTY PALM BE | |||
| | |||
|
NO HOA AND THE LOT NEXT DOOR IS INCLUDED AT NO EXTRA COST! This open concept home is situated in the perfect place for entertaining and enjoying outdoor life at nearby Lake Okeechobee, local golfing, hunting and all the things that a Central Florida lifestyle offers. It is only a short 9-mile drive to the Lake. Park your boat, RV, ATVs, etc. on your adjacent lot. Put up a play structure or a fire pit. No HOA to tell you "No." Have a wonderful time enjoying spectacular sunsets as you lounge by your pool overlooking the greenery in the open spaces behind the home. 5 beds 3 baths. The 5th bed is a suite in the back of the home with a Private Entry and sliding doors out to the pool. The Kitchen is spacious and perfect for anyone who enjoys cooking. This is too good to pass up!
| |||
| Jul 22, 2022 | Listed by Coldwell Banker Realty | $499,888 | |
| Listed by Coldwell Banker Realty | |||
| Feb 25, 2015 | Sold | ||
| Sold | |||
| Oct 3, 2012 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Okeechobee
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Listed by: Deirdre Kemp
Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10818804
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.
Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10818804
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