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Okeechobee 34972
16959 NW 288th STREET
$50,000
● Land - Off Market

16959 NW 288th STREET

OKEECHOBEE, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$60,166
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

This beautiful 3.75-acre property has that old Florida appeal. Great location to build your future rural living getaway. No current wells, septic tanks, or electricity on the property.  The property consists of three adjacent 1.25 acre lots.  Please call for more details.
Unit Size
-
Days on Market
118 days
Land Size
3.75 acres
Price per sqft
-
Property Type
Land
Property Taxes
$25
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 years ago (Stellar MLS #OK220259)

Price History

Date / Event Date Event Price
Sep 28, 2021 Sold
Premium
Sold
Jun 1, 2021 Listed by MIRA REALTY LLC $53,000
Listed by MIRA REALTY LLC
Jul 31, 2020 Sold
Premium
Sold
Dec 22, 2016 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
  • Subdivision: SOUTHERN COLONIZATION CO
  • Land Acres: 0000001250
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: LOT M OF TRACT 28 WEST 1/2 OF THE WEST 1/2 OF THE SOUTH 1/2 OF THE SOUTH 1/2 OF TRACT 28, SECTION 14 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: 1-14-34-33-0A00-00028-M000
  • Lot: M
  • Meridian: SEC 14 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.5095
  • Longitude: -81.0001

    Address

  • Full Address: 16959 Nw 288th St
  • Address - House Number: 16959
  • Street Direction: NW
  • Address - Street Name: 288th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,717
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $17,125
  • Market Land Value: $17,125

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,125
  • Assessed Land Value: $17,125

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021012352
  • Previous Sale Recording Date: Jul 31, 2020
  • Previous Sale Contract Date: Jul 30, 2020
  • Previous Sale Amount: $12,000
  • 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:

$337,515

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

94

Average Home Size

1488 ft²

Average Home Age

25.5 years

Currently For Sale

192 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: Joe Stas
MIRA REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220259
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 16959 Northwest 288th Street built and last sold?
The property at 16959 Northwest 288th Street was built in and last sold on Sep 23, 2021 for $50,000.
How much is this home worth?
The estimated value of the home located at 16959 Northwest 288th Street is $0.
What are some comparable homes to 16959 Northwest 288th Street?
There are currently no comparable homes to 16959 Northwest 288th Street.
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