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Martin 34974
15440 SW Conners Highway #LOT60
Photo of Unit LOT60 at 15440 SW Conners Highway
Sold on Oct 15, 2020

3

Map

Photo of Unit LOT60 at 15440 SW Conners Highway
Photo of Unit LOT60 at 15440 SW Conners Highway
$50,988
● Land - Off Market

15440 SW Conners Highway #LOT60

Okeechobee, FL 34974
bedrooms
Studio
bathrooms
0 Bath
$66,844
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

+/- 2 acre waterfront residential lots for sale on the Okeechobee Rim Canal. Lots 23, 24, 60 are $49,988.00 each. Lot 55&6 are sold together for $80,000. Lot 69 is $59,988.  All of these 2 acre parcels are on the Lake Okeechobee Rim Canal, which offers boating from Lake Okeechobee into the Gulf of Mexico and the Atlantic Ocean. Nearby is Port Mayaca Polo for the equine sports enthusiast. Also nearby is the beautiful San Rafael Sanchez hiking trail the better known trail along the rim of Lake Okeechobee. Best of boating, fishing, hiking,and even polo right near your doorstep!
Unit Size
-
Days on Market
900 days
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$36
HOA Dues
-
Year Built
-

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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: 3 months ago (MCRTC #M20011541)

Price History

Date / Event Date Event Price
Oct 15, 2020 Sold
Premium
Sold
Apr 29, 2018 Listed by Illustrated Properties LLC / Sewalls Point $49,988
Listed by Illustrated Properties LLC / Sewalls Point
Apr 20, 2006 Sold
Premium
Sold
Jun 18, 2004 Sold
Premium
Sold

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
  • Location Influence Type: 75

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: THE WATERWAY
  • Land Acres: 0000002000
  • Standard Land Use Code: 8010
  • County Land Use Code: 100
  • State Land Use Code: 92
  • Legal Description 1: WATERWAY LOT 60

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 001805

Zoning

  • Zoning: RE2A

Geography

  • Assessors Map Reference: C-10
  • Parcel: 22-40-37-002-000-00600-0
  • Lot: 60
  • Meridian: SEC 22 TWN 40S RNG 37E
  • Latitude: 27.0188
  • Longitude: -80.6303

    Address

  • Full Address: 15440 Sw Conners Hwy
  • Address - House Number: 15440
  • Street Direction: SW
  • Address - Street Name: Conners
  • Address - Suffix Type: Hwy
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R001
  • 4-Digit Zip Code: 9769
  • Zip Code: 34974

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $94,930
  • Tax Rate Code Area: 3003 SOUTH

    Market Valuation

  • Market Total Value: $87,000
  • Market Land Value: $87,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,450

    Sales

  • Current Sale Contract Date: Apr 20, 2006
  • Current Sale Recording Date: Apr 20, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1927117
  • Previous Sale Recording Date: Jun 18, 2004
  • Previous Sale Contract Date: Jun 17, 2004
  • Previous Sale Amount: $98,000
  • 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 Martin

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$285

Below Asking

0.03%

Average Days on Market

87

Average Home Size

2060 ft²

Average Home Age

32.8 years

Currently For Sale

1207 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

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MCRTC

Listed by: Stephen Dutcher, Illustrated Properties LLC / Sewalls Point
Last Updated: 3 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20011541
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 15440 Southwest Conners Highway built and last sold?
The property at 15440 Southwest Conners Highway was built in and last sold on Apr 20, 2006 for $150,000.
How much is this home worth?
The estimated value of the home located at 15440 Southwest Conners Highway is $191,799.
What are some comparable homes to 15440 Southwest Conners Highway?
There are currently no comparable homes to 15440 Southwest Conners Highway.
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