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Okeechobee 34972
15675 NW 260th STREET
$18,000
● Land - Off Market

15675 NW 260th STREET

OKEECHOBEE, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$129
Est. Monthly
58.21%
Cap Rate

About This Property

~ VIKING ~ 1.25 acres. Perfect for building your next home. Great opportunity to have a huge backyard for gardening, or animals and plenty of privacy. Located between Okeechobee and Osceola Counties, its 30 Miles from the Florida's Turnpike at Yeehaw Junction, 30 Miles from Lake Okeechobee (the 2nd Largest Freshwater Lake in the US) and near the Kissimmee Prairie Preserve State Park. Experience the peace and tranquility Okeechobee has to offer. All measurements are approximate.
Unit Size
-
Days on Market
-
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$30
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 #OK223504)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold
Premium
Sold
Feb 2, 2024 In contract -
In contract
Nov 25, 2023 Listed by LPT REALTY $20,000
Listed by LPT REALTY
Nov 21, 2023 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

    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: 00
  • State Land Use Code: 00
  • Legal Description 1: LOT O OF TRACT 23 WEST 1/2 OF THE EAST 1/2 OF THE SOUTH 1/2 OF THE SOUTH 1/2 OF TRACT 23, 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: 910101

Geography

  • Subdivision Tract Number: 23
  • Parcel: 1-25-34-33-0A00-00023-O000
  • Lot: O
  • Meridian: SEC 25 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.4836
  • Longitude: -80.9869

    Address

  • Full Address: 15675 Nw 260th St
  • Address - House Number: 15675
  • Street Direction: NW
  • Address - Street Name: 260th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,784
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 030

    Market Valuation

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

    Assessments Valuation

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

    Sales

  • Current Sale Contract Date: Nov 21, 2023
  • Current Sale Recording Date: Nov 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13226
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

$222

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1585 ft²

Average Home Age

26.2 years

Currently For Sale

234 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: Jacalyn Schooley
LPT REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK223504
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 15675 Northwest 260th Street built and last sold?
The property at 15675 Northwest 260th Street was built in and last sold on Nov 21, 2023 for $7,152.
How much is this home worth?
The estimated value of the home located at 15675 Northwest 260th Street is $0.
What are some comparable homes to 15675 Northwest 260th Street?
There are currently no comparable homes to 15675 Northwest 260th Street.
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