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Martin 34974
17400 SW Conners HIGHWAY
$125,000
● Land - Off Market

17400 SW Conners HIGHWAY

OKEECHOBEE, FL 34974
bedrooms
Studio
bathrooms
0 Bath
$802
Est. Monthly

About This Property

~2 Acres~ The Waterway- just minutes from the lock at Port Mayaca! Build your dream home!  Have your Business, on the Cleared and ready to build! Nice trees- also the 2 acres next door is also available for total of 4 acres!
Unit Size
-
Days on Market
762 days
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$65
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: 2 years ago (Stellar MLS #OK222134)

Price History

Date / Event Date Event Price
Dec 18, 2024 Sold
Premium
Sold
Nov 28, 2024 In contract -
In contract
Feb 21, 2024 Price Decreased $150,000
↓ $25K (14.3%)
Price Decreased
Nov 17, 2022 Listed by LAKE O REAL ESTATE, LLC $175,000
Listed by LAKE O REAL ESTATE, LLC
Aug 26, 2020 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: 0
  • Water Service: 0

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: 00
  • Legal Description 1: THE WATERWAY LOT 16

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 910500

Zoning

  • Zoning: RE2A

Geography

  • Assessors Map Reference: C-15
  • Parcel: 22-40-37-002-000-00160-6
  • Lot: 16
  • Meridian: SEC 22 TWN 40S RNG 37E
  • Latitude: 26.995
  • Longitude: -80.6207

    Address

  • Full Address: 17400 Sw Conners Hwy
  • Address - House Number: 17400
  • Street Direction: SW
  • Address - Street Name: Conners
  • Address - Suffix Type: Hwy
  • State: FL
  • City Name: Okeechobee
  • 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: Aug 26, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2834283
  • Previous Sale Recording Date: Aug 26, 2020
  • Previous Sale Contract Date: Aug 26, 2020
  • Previous Sale Amount: $52,000
  • 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:

$499,000

Sale Price/ft²

$284

Below Asking

0.03%

Average Days on Market

86

Average Home Size

2089 ft²

Average Home Age

32.8 years

Currently For Sale

1257 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: Jody Carter
LAKE O REAL ESTATE, LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OK222134
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 17400 Southwest Conners Highway built and last sold?
The property at 17400 Southwest Conners Highway was built in and last sold on Aug 26, 2020 for $52,000.
How much is this home worth?
The estimated value of the home located at 17400 Southwest Conners Highway is $151,500.
What are some comparable homes to 17400 Southwest Conners Highway?
There are currently no comparable homes to 17400 Southwest Conners Highway.
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