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Okeechobee 34972
18877 NW 246th STREET
$27,000
● Land - Off Market

18877 NW 246th STREET

OKEECHOBEE, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$27,823
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

This Oversized lot is 1.25 acres. Great opportunity to build your new single family house or DWMH. Quiet Rural area. Some neighbors have small livestock, horses  and chickens. Close to the Kissimmee Prairie Preserve State Park. This is a great opportunity to own land in  Florida.  Electricity nearby. Several nearby homes.
Unit Size
-
Days on Market
38 days
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$30
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: 3 years ago (Stellar MLS #OK222424)

Price History

Date / Event Date Event Price
Mar 17, 2023 Sold
Premium
Sold
Feb 7, 2023 Listed by RED GATOR REAL ESTATE $27,000
Listed by RED GATOR REAL ESTATE
Sep 1, 2005 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 G OF TRACT 23 WEST 1/2 OF THE EAST 1/2 OF THE SOUTH 1/2 OF THE NORTH 1/2 OF TRACT 23, 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: 23
  • Parcel: 1-34-34-33-0A00-00023-G000
  • Lot: G
  • Meridian: SEC 34 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.471
  • Longitude: -81.0202

    Address

  • Full Address: 18877 Nw 246th St
  • Address - House Number: 18877
  • Street Direction: NW
  • Address - Street Name: 246th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,583
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $16,500
  • Market Land Value: $16,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,500
  • Assessed Land Value: $16,500

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3219
  • Previous Sale Recording Date: Sep 01, 2005
  • Previous Sale Contract Date: Aug 23, 2005
  • Previous Sale Amount: $30,000
  • 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:

$338,500

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

94

Average Home Size

1501 ft²

Average Home Age

25.9 years

Currently For Sale

189 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

Rentals Near You

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STELLAR

Listed by: Ethan Hales
RED GATOR REAL ESTATE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK222424
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 18877 Northwest 246th Street built and last sold?
The property at 18877 Northwest 246th Street was built in and last sold on Mar 17, 2023 for $27,000.
How much is this home worth?
The estimated value of the home located at 18877 Northwest 246th Street is $0.
What are some comparable homes to 18877 Northwest 246th Street?
There are currently no comparable homes to 18877 Northwest 246th Street.
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