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Okeechobee 34974
1425 SE 23rd Street
$400,000
● House - Off Market

1425 SE 23rd Street

Okeechobee, FL 34974
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,093 Ft²
$440,738
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to your dream home! This stunning house boasts a refreshing pool, perfectly designed with 3 bedrooms and 2 bathrooms. The split floor plan offers privacy, and a study off the master bedroom opens up to the inviting pool area. Enjoy the best of indoor and outdoor living with a large screen enclosure, ideal for entertaining friends and family. The house also features a spacious living room and a cozy family room, ensuring ample space for relaxation. With a 2-car garage, your parking needs are effortlessly met. Situated in a premier neighborhood, this house is the epitome of luxury and comfort.
Unit Size
2,093 Ft²
Days on Market
23 days
Land Size
-
Price per sqft
$210
Property Type
House
Property Taxes
$239
HOA Dues
$2
Year Built
1998

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Cap Rate Calculator

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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: 3 months ago (Beaches MLS #R10893641)

Price History

Date / Event Date Event Price
Jun 26, 2023 Sold
Premium
Sold
May 30, 2023 Listed by Red Gator Real Estate $440,000
Listed by Red Gator Real Estate
Nov 14, 2014 Sold
Premium
Sold
Oct 19, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • 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: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,592
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,534
  • Gross Building Area: 2,534
  • Building Area: 2,093
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,093
  • 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: 0000000335
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: BLUE HERON GOLF AND COUNTRY CLUB, PHASE 1 (PLAT BOOK 6 PAGES 50 & 51) LOT 59

Neighborhood

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

Geography

  • Subdivision Phase Number: 1
  • Parcel: 3-27-37-35-0330-00000-0590
  • Lot: 59
  • Meridian: SEC 27 TWN 37S RNG 35E
  • Municipality: CITY OF OKEECHOBEE
  • Latitude: 27.2229
  • Longitude: -80.8141

    Address

  • Full Address: 1425 Se 23rd St
  • Address - House Number: 1425
  • Street Direction: SE
  • Address - Street Name: 23rd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C003
  • 4-Digit Zip Code: 5397
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 2,378
  • Tax Year: 2022
  • Tax Amount: $286,564
  • Tax Rate Code Area: 050

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 342,178
  • High Value: 491,649
  • Low Value: 192,706

    Market Valuation

  • Market Total Value: $304,396
  • Market Land Value: $35,000
  • Market Improvement Value: $269,396

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,373

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7578
  • Previous Sale Recording Date: Nov 14, 2014
  • Previous Sale Contract Date: Nov 07, 2014
  • Previous Sale Amount: $215,000
  • 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 4334 Se Us Highway 441, Okeechobee, FL, 34974

$1,800 /mo

  • 1 Bed
  • 2 Baths
  • 1,088 ft²
4334 Se Us Highway 441 #11, Okeechobee, FL, 34974 Listing by Lairen DeLaLuz Caballero
Unit for rent at 704 Sw 6th Street, FL, 34974

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
704 Sw 6th Street, FL, 34974 Listing by Michael Johnston, LLC
Unit for rent at 274 Se 14th Avenue, Okeechobee, FL, 34974

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,250 ft²
274 Se 14th Avenue, Okeechobee, FL, 34974 Listing by Joseph W Stas

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Brenda Reynolds
Red Gator Real Estate
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10893641
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 1425 Southeast 23rd Street built and last sold?
The property at 1425 Southeast 23rd Street was built in 1998 and last sold on Jun 23, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 1425 Southeast 23rd Street is $441,302.
What are some comparable homes to 1425 Southeast 23rd Street?
There are currently no comparable homes to 1425 Southeast 23rd Street.
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