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Okeechobee 34972
18462 NW 244th Street
Photo of 18462 NW 244th Street
Sold on Aug 13, 2026

1

Map

$22,500
● Land - Off Market

18462 NW 244th Street

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$141
Est. Monthly

About This Property

1.25 Acres zoned residential, agriculture, recreational and hunting. Quiet street to build your dream home on.
Unit Size
-
Days on Market
43 days
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$30
HOA Dues
-
Year Built
-

Payment Calculator

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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 months ago (Beaches MLS #B26047742)

Price History

Date / Event Date Event Price
Aug 13, 2026 Sold
Premium
Sold
Jul 10, 2026 In contract -
In contract
Jul 10, 2026 Price Decreased $22,500
↓ $4K (15.1%)
Price Decreased
Jul 1, 2026 Listed by Divito Real Estate Group $26,500
Listed by Divito Real Estate Group
Dec 18, 2002 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 B OF TRACT 28 WEST 1/2 OF THE EAST 1/2 OF THE NORTH 1/2 OF THE NORTH 1/2 OF TRACT 28, SECTION 34 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: 1-34-34-33-0A00-00028-B000
  • Lot: B
  • Meridian: SEC 34 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.4682
  • Longitude: -81.0161

    Address

  • Full Address: 18462 Nw 244th St
  • Address - House Number: 18462
  • Street Direction: NW
  • Address - Street Name: 244th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,259
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $9,375
  • Market Land Value: $9,375

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,375
  • Assessed Land Value: $9,375

    Sales

  • Current Sale Contract Date: Dec 12, 2002
  • Current Sale Recording Date: Dec 18, 2002
  • Current Sale Price:
    Premium
  • Current 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:

$338,200

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

93

Average Home Size

1496 ft²

Average Home Age

25.3 years

Currently For Sale

187 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

Unit for rent at 19835 Nw 266 Street, Okeechobee, FL, 34972

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
19835 Nw 266 Street, Okeechobee, FL, 34972 Listing by Jimmy De La Luz Caballero

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Rebecca Pierce
Divito Real Estate Group
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# B26047742
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.

Frequently Asked Questions

When was property at 18462 Northwest 244th Street built and last sold?
The property at 18462 Northwest 244th Street was built in and last sold on Dec 12, 2002 for $9,300.
How much is this home worth?
The estimated value of the home located at 18462 Northwest 244th Street is $26,765.
What are some comparable homes to 18462 Northwest 244th Street?
There are currently no comparable homes to 18462 Northwest 244th Street.
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