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Okeechobee 34972
14464 NW 264th STREET
$25,000
● Land - Off Market

14464 NW 264th STREET

OKEECHOBEE, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$156
Est. Monthly
56.03%
Cap Rate

About This Property

This prime vacant lot, nestled in the heart of Okeechobee, offers a canvas for your dream property or investment. Located in a peaceful community, this parcel is a blank slate awaiting your vision.

Buyer to pay all seller's closing costs, including but not limited to settlement fees, search fees, and deed documentary stamps.
Unit Size
-
Days on Market
98 days
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$33
HOA Dues
-
Year Built
-

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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 years ago (Stellar MLS #O6157456)

Price History

Date / Event Date Event Price
Feb 27, 2024 Sold
Premium
Sold
Nov 17, 2023 Listed by GREEN LANDS REALTY $25,000
Listed by GREEN LANDS REALTY
May 24, 2005 Sold
Premium
Sold
Aug 20, 2004 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • 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
  • Land Acres: 0000001250
  • Standard Land Use Code: 8001
  • County Land Use Code: 000007
  • State Land Use Code: 00
  • Legal Description 1: LOT B OF TRACT 17 WEST 1/2 OF THE EAST 1/2 OF THE NORTH 1/2 OF THE NORTH 1/2 OF TRACT 17, SECTION 25 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: 17
  • Parcel: 1-25-34-33-0A00-00017-B000
  • Lot: B
  • Meridian: SEC 25 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.4861
  • Longitude: -80.9746

    Address

  • Full Address: 14464 Nw 264th St
  • Address - House Number: 14464
  • Street Direction: NW
  • Address - Street Name: 264th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R003
  • 4-Digit Zip Code: 4654
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,211
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $16,200
  • Market Land Value: $16,000
  • Market Improvement Value: $200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,200
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $200

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Feb 27, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2154
  • Previous Sale Recording Date: May 24, 2005
  • Previous Sale Contract Date: May 23, 2005
  • Previous Sale Amount: $38,500
  • 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

$219

Below Asking

0.03%

Average Days on Market

92

Average Home Size

1523 ft²

Average Home Age

25.4 years

Currently For Sale

181 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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STELLAR

Listed by: Laura Sanchez
GREEN LANDS REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6157456
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 14464 Northwest 264th Street built and last sold?
The property at 14464 Northwest 264th Street was built in and last sold on Feb 20, 2024 for $25,000.
How much is this home worth?
The estimated value of the home located at 14464 Northwest 264th Street is $0.
What are some comparable homes to 14464 Northwest 264th Street?
There are currently no comparable homes to 14464 Northwest 264th Street.
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