2
Map
$29,500
●
Land -
For Sale
18924 NW 288TH Street
Okeechobee, FL 34972
Studio
0 Bath
$185
Est. Monthly
About This Property
Great opportunity to own approximately 1.25 acres in Okeechobee.
This spacious agricultural lot offers room to enjoy the rural
Florida lifestyle and natural surroundings the area is known for.
Okeechobee offers abundant outdoor recreation, including fishing,
boating, trails, and access to Lake Okeechobee. No HOA. Whether
you're considering a future homesite, recreational property, or
adding land to your investment portfolio, this property offers
plenty of possibilities. Buyer to perform their own due diligence
and independently verify all information.
Unit Size
-
Days on Market
3 days
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$39
HOA Dues
-
Year Built
-
Listed By
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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: 4 days ago (Beaches MLS #B26083249)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Listed by LoKation | $29,500 | |
| Listed by LoKation | |||
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | Listed by Keller Williams Realty of PSL | $28,600 | |
| Listed by Keller Williams Realty of PSL | |||
   | |||
|
Discover the perfect opportunity to own 1.25 acres of land in Okeechobee! this spacious lot offers endless potential , whether you're looking to build , invest , or create your private retreat . A utility pole is conveniently located at the corner of the property . Buyers to perform their own due diligence and confirm all information . Okeechobee is known for it's outdoor lifestyle ,offering world-class fishing , boating , and nature trails . Experience the peace and quite of rural living while still being within reach of local amenities . Owner financing available - don't miss this chance to own your piece of Florida!
| |||
| Jun 13, 2023 | Sold | ||
| Sold | |||
| Feb 20, 2023 | Listed by LoKation | $27,900 | |
| Listed by LoKation | |||
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Property Highlights
Exterior Details
Lot Features: OneToTwoAcres, RuralLot
Lot Size Area: 54450
Lot Size Units: Square Feet
Lot Size Acres: 1.25
Lot Size Square Feet: 54450
Water Source: Well
Financial Details
Tax Assessed Value: $13,100
Tax Annual Amount: $470
Utilities Details
Sewer : Septic Tank
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Okeechobee
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Listed by: Hala Saleh
LoKation
Last Updated: 4 days ago
Data Source: Beaches MLS, MLS# B26083249
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.
LoKation
Last Updated: 4 days ago
Data Source: Beaches MLS, MLS# B26083249
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