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Highlands 34974
17505 BROADLAND LANE
$30,000
● Mobile Manufactured - Off Market

17505 BROADLAND LANE

OKEECHOBEE, FL 34974
bedrooms
2 Beds
bathrooms
1 Bath
square feet
672 Ft²
$278
Est. Monthly
38.72%
Cap Rate

About This Property

Discover this charming mobile home offering fantastic renovation potential in the heart of Okeechobee. Recently upgraded with new vinyl siding and partial drywall, this cozy 672-square-foot residence features two comfortable bedrooms and one bathroom. The property boasts a newly installed subfloor, providing a solid foundation for your creative vision. Located just minutes from local attractions and the casino, this investment opportunity is perfect for both DIY enthusiasts and rental property investors. The motivated seller has laid the groundwork for transformation, making this diamond in the rough ready for its next chapter.
Unit Size
672 Ft²
Days on Market
80 days
Land Size
0.17 acres
Price per sqft
$74
Property Type
Mobile Manufactured
Property Taxes
$32
HOA Dues
-
Year Built
1974

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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 #OK224798)

Price History

Date / Event Date Event Price
Mar 28, 2025 Sold
Premium
Sold
Mar 22, 2025 In contract -
In contract
Feb 25, 2025 Price Decreased $49,999
↓ $40K (44.4%)
Price Decreased
Jan 7, 2025 Listed by LAKE O REAL ESTATE, LLC $89,999
Listed by LAKE O REAL ESTATE, LLC
Mar 22, 2005 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 33
  • Exterior Walls Type: 10
  • Interior Walls Type: 18
  • Roof Shape Type: 6
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 17
  • Porch Type: 59
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,250
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 500
  • Total Building Area: 672
  • Gross Building Area: 1,464
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 672
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN OF HARDING SEC 02
  • Land Acres: 0000000166
  • Standard Land Use Code: 1006
  • County Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: SEC 2 TOWN OF HARDING PB 1-PG 104 LOT 16 BLK 87

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961500

Zoning

  • Zoning: M1S

Geography

  • Parcel: C-27-37-33-010-0870-0160
  • Block: 87
  • Lot: 16
  • Meridian: SEC 27 TWN 37S RNG 33E
  • Municipality: COUNTY SOUTH FLORIDA WATER
  • Latitude: 27.2383
  • Longitude: -81.0112

    Address

  • Full Address: 17505 Broadland Ln
  • Address - House Number: 17505
  • Address - Street Name: Broadland
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R006
  • 4-Digit Zip Code: 8550
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 672
  • Tax Year: 2022
  • Tax Amount: $37,060
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 60

    Market Valuation

  • Market Total Value: $5,586
  • Market Land Value: $2,000
  • Market Improvement Value: $3,586

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,586
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $3,586

    Sales

  • Current Sale Contract Date: Feb 28, 2005
  • Current Sale Recording Date: Mar 22, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1303457
  • Previous Sale Recording Date: Sep 04, 2002
  • Previous Sale Contract Date: Aug 30, 2002
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Highlands

Stats & Trends

Median Asking:

$289,990

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1729 ft²

Average Home Age

26.3 years

Currently For Sale

496 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: Courtney Wilson
LAKE O REAL ESTATE, LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OK224798
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 17505 Broadland Lane built and last sold?
The property at 17505 Broadland Lane was built in 1974 and last sold on Feb 28, 2005 for $15,000.
How much is this home worth?
The estimated value of the home located at 17505 Broadland Lane is $0.
What are some comparable homes to 17505 Broadland Lane?
There are currently no comparable homes to 17505 Broadland Lane.
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