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Okeechobee 34972
16471 NW 274TH STREET
$24,000
● Land - Off Market

16471 NW 274TH STREET

OKEECHOBEE, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$27,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

~Prairie Lot~Looking to build your dream home?. This lot features: 1.25 Acres, NO HOA. Zoned for Single Family or Mobile Homes. Electricity nearby. This property is close proximity to Lake Okeechobee and Kissimmee Prairie State Preserve Park. Hunting, fishing, camping and other outdoor activities are just some of the great things this area has to offer. About 30 minutes from town, close to schools, shopping, hospital, restaurants and more! Gorgeous mature Oak trees. Call today, before it is gone! All measurements are approximate, must measure for exact.
Unit Size
-
Days on Market
-
Land Size
1.25 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 #OK222196)

Price History

Date / Event Date Event Price
Nov 28, 2023 Sold
Premium
Sold
Oct 12, 2023 In contract -
In contract
Dec 2, 2022 Listed by MIXON REAL ESTATE GROUP $27,000
Listed by MIXON REAL ESTATE GROUP
Aug 30, 2022 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 G OF TRACT 30 WEST 1/2 OF THE EAST 1/2 OF THE SOUTH 1/2 OF THE NORTH 1/2 OF TRACT 30, SECTION 23 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: 30
  • Parcel: 1-23-34-33-0A00-00030-G000
  • Lot: G
  • Meridian: SEC 23 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.4966
  • Longitude: -80.9951

    Address

  • Full Address: 16471 Nw 274th St
  • Address - House Number: 16471
  • Street Direction: NW
  • Address - Street Name: 274th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,540
  • 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 28, 2023
  • Current Sale Recording Date: Nov 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13421
  • Previous Sale Recording Date: Aug 30, 2022
  • Previous Sale Contract Date: Aug 18, 2022
  • Previous Sale Amount: $20,000
  • 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:

$338,500

Sale Price/ft²

$223

Below Asking

0.03%

Average Days on Market

94

Average Home Size

1504 ft²

Average Home Age

25.3 years

Currently For Sale

191 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

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STELLAR

Listed by: Jimmy Caballero
MIXON REAL ESTATE GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK222196
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 16471 Northwest 274th Street built and last sold?
The property at 16471 Northwest 274th Street was built in and last sold on Nov 28, 2023 for $24,000.
How much is this home worth?
The estimated value of the home located at 16471 Northwest 274th Street is $0.
What are some comparable homes to 16471 Northwest 274th Street?
There are currently no comparable homes to 16471 Northwest 274th Street.
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