28
Map
20125 NW 300TH ST
About This Property
Situated in a desirable area, this property offers convenient access to The Hammocks (0.84 miles), Triple T Ranch (1.18 miles), Jiggs Hospitality (1.72 miles), Harvard Farm Ranch (1.95 miles) and nearby highways. The lot is located in Flood Zone X, a low-risk area outside the 100-year and 500-year floodplains, with no wetlands present, allowing for full lot utilization without environmental buffers or mitigation requirements.
Buyer should contact Okeechobee County Planning for zoning and permitted uses. Buyer should verify all zoning, setbacks, utility availability, and development requirements with Okeechobee County. The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2025 | Listed by Sunland Real Estate, LLC. | $42,000 | |
| Listed by Sunland Real Estate, LLC. | |||
| Feb 24, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017