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Okeechobee 34972
15890 NW 280th STREET
$14,500
● Land - Off Market

15890 NW 280th STREET

OKEECHOBEE, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$16,966
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

This beautiful 1.5-acre has that old Florida appeal. Great location to build your future rural living getaway. No current wells, septic tanks, or electricity on the property. Please call for more details.
Unit Size
-
Days on Market
36 days
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$27
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 #OK220217)

Price History

Date / Event Date Event Price
Jun 28, 2021 Sold
Premium
Sold
May 19, 2021 Listed by MIRA REALTY LLC $14,500
Listed by MIRA REALTY LLC
Nov 1, 2004 Sold
Premium
Sold
May 7, 2002 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: 65,340
  • 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
  • Subdivision: THE SOUTHERN COLONIZATION COMPANY
  • Land Acres: 0000001500
  • Standard Land Use Code: 8001
  • County Land Use Code: 000007
  • State Land Use Code: 00
  • Legal Description 1: LOT B OF TRACT 24 WEST 1/2 OF THE EAST 1/2 OF THE NORTH 1/2 OF THE NORTH 1/2 OF TRACT 24, 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: 910101

Geography

  • Subdivision Tract Number: 24
  • Parcel: 1-24-34-33-0A00-00024-B000
  • Lot: B
  • Meridian: SEC 24 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.501
  • Longitude: -80.9887

    Address

  • Full Address: 15890 Nw 280th St
  • Address - House Number: 15890
  • Street Direction: NW
  • Address - Street Name: 280th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,989
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $19,400
  • Market Land Value: $19,200
  • Market Improvement Value: $200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,400
  • Assessed Land Value: $19,200
  • Assessed Improvements Value: $200

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021008052
  • Previous Sale Recording Date: Nov 01, 2004
  • Previous Sale Contract Date: Oct 29, 2004
  • Previous Sale Amount: $16,000
  • 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 Okeechobee

Stats & Trends

Median Asking:

$337,900

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1558 ft²

Average Home Age

27.1 years

Currently For Sale

237 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: Joe Stas
MIRA REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220217
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 15890 Northwest 280th Street built and last sold?
The property at 15890 Northwest 280th Street was built in and last sold on Jun 4, 2021 for $14,500.
How much is this home worth?
The estimated value of the home located at 15890 Northwest 280th Street is $0.
What are some comparable homes to 15890 Northwest 280th Street?
There are currently no comparable homes to 15890 Northwest 280th Street.
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