$79,900
●
Land -
Off Market
Undisclosed Address
Okeechobee, FL 34972
Studio
0 Bath
$477
Est. Monthly
About This Property
Build or bring your dream home and barn on this beautiful 3-acre
lot. This street has power poles, making electricity easily
accessible. Looking to purchase your dream property in Florida?
Look no further. This lot is listed below market value! Buying land
in Florida is a solid investment for your future. Build your dream
home, vacation home, rental investment, or let the land build value
as a great long-term investment to resell for a future profit.
There is so much to enjoy in Okeechobee County. The Kissimmee River
Preserve State Park is west of this area, as well as the Kissimmee
River. The Kissimmee River flows into Lake Okeechobee and is well
known for some of the best fishing. Whether you like fishing,
mudding, agriculture, or just privacy, here you have it all.
Unit Size
-
Days on Market
46 days
Land Size
3.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$84
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: 8 months ago (Beaches MLS #R11052319)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Listed by AMERICAN REALTY OF PSL LLC | $79,900 | |
| Listed by AMERICAN REALTY OF PSL LLC | |||
| | |||
|
Build or bring your dream home and barn on this beautiful 3-acre lot. This street has power poles, making electricity easily accessible. Looking to purchase your dream property in Florida? Look no further. This lot is listed below market value! Buying land in Florida is a solid investment for your future. Build your dream home, vacation home, rental investment, or let the land build value as a great long-term investment to resell for a future profit. There is so much to enjoy in Okeechobee County. The Kissimmee River Preserve State Park is west of this area, as well as the Kissimmee River. The Kissimmee River flows into Lake Okeechobee and is well known for some of the best fishing. Whether you like fishing, mudding, agriculture, or just privacy, here you have it all.
| |||
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Okeechobee
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Listed by: Daniel Castaneda
American Realty of PSL LLC
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R11052319
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
American Realty of PSL LLC
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R11052319
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