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Okeechobee 34972
19992 NW 248th Street
$25,000
● Land - Off Market

19992 NW 248th Street

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$204
Est. Monthly

About This Property

1.25 acre corner lot located at the Viking close to Eagle Island Rd. some trees.
Unit Size
-
Days on Market
112 days
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$32
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: 6 months ago (Beaches MLS #F10473398)

Price History

Date / Event Date Event Price
Mar 13, 2025 Sold
Premium
Sold
Feb 27, 2025 In contract -
In contract
Dec 13, 2024 Relisted $35,000
Relisted
Dec 6, 2024 In contract -
In contract
Nov 21, 2024 Listed by The Tucker Group, LLC $35,000
Listed by The Tucker Group, LLC
1.25 acre corner lot located at the Viking close to Eagle Island Rd. some trees.
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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 D OF TRACT 20 WEST 1/2 OF THE WEST 1/2 OF THE NORTH 1/2 OF THE NORTH 1/2 OF TRACT 20, SECTION 33 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: 20
  • Parcel: 1-33-34-33-0A00-00020-D000
  • Lot: D
  • Meridian: SEC 33 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.4719
  • Longitude: -81.0317

    Address

  • Full Address: 19992 Nw 248th St
  • Address - House Number: 19992
  • Street Direction: NW
  • Address - Street Name: 248th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,246
  • 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: Sep 30, 2002
  • Current Sale Recording Date: Oct 23, 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:

$338,500

Sale Price/ft²

$223

Below Asking

0.03%

Average Days on Market

94

Average Home Size

1504 ft²

Average Home Age

25.3 years

Currently For Sale

191 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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BEACHES

Listed by: Jerri L Hill
The Tucker Group, LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# F10473398
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 19992 Northwest 248th Street built and last sold?
The property at 19992 Northwest 248th Street was built in and last sold on Sep 30, 2002 for $8,000.
How much is this home worth?
The estimated value of the home located at 19992 Northwest 248th Street is $0.
What are some comparable homes to 19992 Northwest 248th Street?
There are currently no comparable homes to 19992 Northwest 248th Street.
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