by Global Lifestyle Properties

See Home Value
Glades 34974
1412 SW 99th DRIVE
$280,000
● House - Off Market

1412 SW 99th DRIVE

OKEECHOBEE, FL 34974
bedrooms
2 Beds
bathrooms
1 Bath
square feet
648 Ft²
$1,591
Est. Monthly
7.12%
Cap Rate

About This Property

1933 Cracker House on 4.99 acres, Zoned OUA ( Open Use Agriculture). The House needs a total restoration. The property is high and dry.

5 seperate contiguous parcels. Paved Road frontage on a dead end street.

Zoning: Agricultural, Single-Family, Multifamily, Special Acceptance for Commercial & Industrial Use.

Discover the endless potential with these 5 contiguous parcels totaling 4.99 acres. Situated in Okeechobee Florida, a prime location near world-renowned Lake Okeechobee, famous for its bass fishing tournaments. This property offers a rare blend of zoning flexibility, including agricultural, single-family, and multifamily uses, with special acceptance for commercial, industrial, or storage facility applications.

                                                                            **Key Highlights:**

**Location:** Adjacent to Lake Okeechobee, with easy access to boat launches at Scott Driver Park.

**Future Development:** Positioned next to the upcoming 100-acre Bass Pro resort, which will attract significant tourism and investment to the area.

- **Zoning Flexibility:** Ideal for agricultural, residential, or commercial development. Special use acceptance allows for unique ventures such as storage facilities or light industrial operations.

One of the parcels is 3.25 acres with an old Cracker house built in 1939, offering excellent potential to be rezoned for a restaurant, beer bar, or other hospitality-related business.

- **Growth Potential:** With the planned Bass Pro development, this property presents a lucrative opportunity for the right investor or developer.

This property offers boundless opportunities for someone with the vision to capitalize on the booming local economy. Whether you're looking to develop a business, build multifamily homes, or create a recreational haven, this parcel is your canvas.

**Contact us today** for more details and to schedule a viewing. Check with Glades County Building and Zoning for Due Diligence.
Unit Size
648 Ft²
Days on Market
162 days
Land Size
4.90 acres
Price per sqft
$461
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
1933

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Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #OK224516)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Sold
Feb 3, 2025 In contract -
In contract
Sep 19, 2024 Listed by TWO TEN REALTY $299,000
Listed by TWO TEN REALTY

Property Highlights


Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 141,134
  • Total Building Area: 648
  • Gross Building Area: 648
  • Building Area: 648
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 0
  • Heated Square Feet: 648
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE BAY SURVEY
  • Land Acres: 0000003240
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: FROM SE COR OF LOT 39 RUN N 88 DEG 35 MIN W ALG S BDRY OF LOT 39 454.53 FT TH N 35 DEG 42 MIN 49 SEC W 570 FT FOR POB CONT N 35 DEG 42 MIN 49 SEC W 296.23 FT TH N 54 DEG 17 MIN 11 SEC E 251.2 FT TH S 53 DEG 17 MIN 20 SEC E 60.92 FT TH S 60 DEG 03 MIN

Neighborhood

  • School District Name: Glades County School District
  • Census Tract: 000100

Geography

  • Assessors Map Reference: 203C
  • Parcel: A19-38-35-A00-0010-0000
  • Lot: 39
  • Municipality: GLADES COUNTY
  • Latitude: 27.1553
  • Longitude: -80.8739

    Address

  • Full Address: 1412 Sw 99th Dr
  • Address - House Number: 1412
  • Street Direction: SW
  • Address - Street Name: 99th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R004
  • 4-Digit Zip Code: 0441
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 928
  • Tax Year: 2023
  • Tax Amount: $146,557

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 105,772
  • High Value: 154,060
  • Low Value: 57,483

    Market Valuation

  • Market Total Value: $82,769
  • Market Land Value: $53,550
  • Market Improvement Value: $29,219

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,769
  • Assessed Land Value: $53,550
  • Assessed Improvements Value: $29,219

    Sales

  • Current Sale Contract Date: Sep 29, 2016
  • Current Sale Recording Date: Oct 10, 2016
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 201622002175
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Glades


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1134 6th Street, Okeechobee, FL, 34974

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,425 ft²
1134 6th Street, Okeechobee, FL, 34974 Listing by Krystal Moore


Frequently Asked Questions

When was property at 1412 Southwest 99th Drive built and last sold?
The property at 1412 Southwest 99th Drive was built in 1933 and last sold on Sep 29, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 1412 Southwest 99th Drive is $0.
What are some comparable homes to 1412 Southwest 99th Drive?
There are currently no comparable homes to 1412 Southwest 99th Drive.