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Okeechobee 34972
15255 NW 240th STREET
$45,000
● Land - Off Market

15255 NW 240th STREET

OKEECHOBEE, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$270
Est. Monthly
25.83%
Cap Rate

About This Property

This beautiful, private, high and dry lot is ready for you to build or bring your dream home and barn on. At just under an acre on the main paved road, so it's ready for you.  The Kissimmee River Preserve State Park is just west of this area as well is the Kissimmee River for fishing and swimming.  20 minutes to downtown Okeechobee, this area is just close enough for the convenience of town, yet far enough that you don't have to see it.

Call for a showing today!
Unit Size
-
Days on Market
287 days
Land Size
0.87 acres
Price per sqft
-
Property Type
Land
Property Taxes
$24
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 #OK223064)

Price History

Date / Event Date Event Price
May 17, 2024 Sold
Premium
Sold
Apr 17, 2024 In contract -
In contract
Nov 25, 2023 No longer available -
No longer available
Aug 4, 2023 Listed by MCFARLAND REAL ESTATE CO $50,000
Listed by MCFARLAND REAL ESTATE CO
Nov 16, 2000 Sold
Premium
Sold
Show More

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: 37,897
  • 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: 0000000870
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: LOT O OF TRACT 28 WEST 1/2 OF THE EAST 1/2 OF THE SOUTH 1/2 OF THE SOUTH 1/2 OF TRACT 28, 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: 910101

Geography

  • Subdivision Tract Number: 28
  • Parcel: 1-36-34-33-0A00-00028-O000
  • Lot: O
  • Meridian: SEC 36 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.4654
  • Longitude: -80.9831

    Address

  • Full Address: 15255 Nw 240th St
  • Address - House Number: 15255
  • Street Direction: NW
  • Address - Street Name: 240th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,461
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $11,484
  • Market Land Value: $11,484

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,484
  • Assessed Land Value: $11,484

    Sales

  • Current Sale Contract Date: Nov 01, 2000
  • Current Sale Recording Date: Nov 16, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 02, 2000
  • Previous Sale Contract Date: Jan 01, 2000
  • Previous Sale Amount: $200
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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

92

Average Home Size

1516 ft²

Average Home Age

25.7 years

Currently For Sale

186 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: Barry Taylor
MCFARLAND REAL ESTATE CO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK223064
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 15255 Northwest 240th Street built and last sold?
The property at 15255 Northwest 240th Street was built in and last sold on Nov 1, 2000 for $10,000.
How much is this home worth?
The estimated value of the home located at 15255 Northwest 240th Street is $0.
What are some comparable homes to 15255 Northwest 240th Street?
There are currently no comparable homes to 15255 Northwest 240th Street.
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