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Okeechobee 34972
14820 NW 278th Street
$235,000
● House - Off Market

14820 NW 278th Street

Okeechobee, FL 34972
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,024 Ft²
$291,117
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Escape the noise of the city and get back to nature with this immaculate 2 Bedroom Cabin in one of the few areas permitted to have small farm animals for a homestead. New tankless water heater and electric fireplace. Fully fenced property with 12' x 24' lofted workshop with electricity and a 10' x 12' storage shed. 30A hookup for your RV onsite. Plenty of room to bring your toys or sit out on your wrap-around deck and enjoy nature.
Unit Size
1,024 Ft²
Days on Market
28 days
Land Size
1.25 acres
Price per sqft
$269
Property Type
House
Property Taxes
$73
HOA Dues
-
Year Built
2000

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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: 5 months ago (Beaches MLS #R10844241)

Price History

Date / Event Date Event Price
Jan 17, 2023 Sold
Premium
Sold
Nov 7, 2022 Listed by Legacy Real Estate of Florida LLC $275,000
Listed by Legacy Real Estate of Florida LLC
Feb 19, 2015 Sold
Premium
Sold
Sep 20, 2011 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 20
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 1,024
  • Gross Building Area: 1,024
  • Building Area: 1,024
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 14
  • Heated Square Feet: 1,024
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHERN COLONIZATION LAND CO
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: LOT I OF TRACT 19 EAST 1/2 OF THE EAST 1/2 OF THE NORTH 1/2 OF THE SOUTH 1/2 OF TRACT 19, SECTION 24 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: 19
  • Parcel: 1-24-34-33-0A00-00019-I000
  • Lot: I
  • Meridian: SEC 24 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.499
  • Longitude: -80.978

    Address

  • Full Address: 14820 Nw 278th St
  • Address - House Number: 14820
  • Street Direction: NW
  • Address - Street Name: 278th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R003
  • 4-Digit Zip Code: 4651
  • Zip Code: 34972

Valuation

    Tax

  • Total Area: 1,086
  • Tax Year: 2022
  • Tax Amount: $97,705
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 138,256
  • High Value: 198,649
  • Low Value: 77,862

    Market Valuation

  • Market Total Value: $150,925
  • Market Land Value: $16,000
  • Market Improvement Value: $134,925

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,311

    Sales

  • Current Sale Contract Date: Jan 17, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 472
  • Previous Sale Recording Date: Feb 19, 2015
  • Previous Sale Contract Date: Feb 19, 2015
  • Previous Sale Amount: $32,800
  • Previous Sale Document Type: 55
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:

$337,900

Sale Price/ft²

$219

Below Asking

0.03%

Average Days on Market

91

Average Home Size

1520 ft²

Average Home Age

25.4 years

Currently For Sale

184 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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BEACHES

Listed by: Jared Mobley
Legacy Real Estate of Florida LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10844241
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 14820 Northwest 278th Street built and last sold?
The property at 14820 Northwest 278th Street was built in 2000 and last sold on Jan 17, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 14820 Northwest 278th Street is $271,169.
What are some comparable homes to 14820 Northwest 278th Street?
There are currently no comparable homes to 14820 Northwest 278th Street.
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