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Okeechobee 34972
14409 NW 248TH Street
Photo of 14409 NW 248TH Street
Sold on May 9, 2019

1

Map

$6,000
● Land - Off Market

14409 NW 248TH Street

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$8,851
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
Unit Size
-
Days on Market
49 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$22
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 (MCRTC #M20017017)

Price History

Date / Event Date Event Price
Feb 21, 2023 Sold
Premium
Sold
May 9, 2019 Sold
Premium
Sold
Mar 21, 2019 Listed by RE/MAX of Stuart - Palm City $6,000
Listed by RE/MAX of Stuart - Palm City

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: THE SOUTHERN COLONIZATION COMPANY
  • Land Acres: 0000001250
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: LOT P OF TRACT 16 EAST 1/2 OF THE EAST 1/2 OF THE SOUTH 1/2 OF THE SOUTH 1/2 OF TRACT 16, SECTION 36 AS TO THE SOUTHERN COLONIZATION COMPANY PLAT OF TOWNSHIP 34 SOUTH, RANGE 33 EAST, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 4, PAGES 3-3E,

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910102

Geography

  • Subdivision Tract Number: 16
  • Parcel: 1-36-34-33-0A00-00016-P000
  • Lot: P
  • Meridian: SEC 36 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.4725
  • Longitude: -80.9744

    Address

  • Full Address: 14409 Nw 248th St
  • Address - House Number: 14409
  • Street Direction: NW
  • Address - Street Name: 248th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R003
  • 4-Digit Zip Code: 0408
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,195
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $16,500
  • Market Land Value: $16,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,500
  • Assessed Land Value: $16,500

    Sales

  • Current Sale Contract Date: Feb 21, 2023
  • Current Sale Recording Date: Feb 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2105
  • Previous Sale Recording Date: May 09, 2019
  • Previous Sale Contract Date: May 07, 2019
  • Previous Sale Amount: $6,000
  • 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:

$338,200

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

79

Average Home Size

1583 ft²

Average Home Age

27.2 years

Currently For Sale

241 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

Rentals Near You

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MCRTC

Listed by: Peter Iandoli, RE/MAX of Stuart - Palm City
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20017017
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2026 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

Frequently Asked Questions

When was property at 14409 Northwest 248th Street built and last sold?
The property at 14409 Northwest 248th Street was built in and last sold on Feb 21, 2023 for $25,000.
How much is this home worth?
The estimated value of the home located at 14409 Northwest 248th Street is $6,060.
What are some comparable homes to 14409 Northwest 248th Street?
There are currently no comparable homes to 14409 Northwest 248th Street.
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