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Okeechobee 34972
20621 NW 266
$5,500
● Land - Off Market

20621 NW 266

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$9,106
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Bank owned lot in the subdivision  Viking of Okeechobee, 1.5 acres, once housed a trailer and land at one time was cleared with utilities. Great location to build your dream home, or your get away home. Nice size lot to enjoy outside activities, dirt driveway, dirt subdivision roads. Please be proactive and perform your due diligence. Property was obtained through foreclosure and no seller's disclosure will be provided.  Must submit offer with Seller's addendum which is attached and proof of funds. For assistance contact listing agent. Information is believed accurate but isn't warranted Vacant lot no appointment needed
Unit Size
-
Days on Market
26 days
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$100
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: 11 months ago (Beaches MLS #F10148613)

Price History

Date / Event Date Event Price
May 30, 2023 Sold
Premium
Sold
Nov 4, 2022 Listed by ARG American Realty Group LLC $420,900
Listed by ARG American Realty Group LLC
Mar 25, 2019 Sold
Premium
Sold
Nov 26, 2018 Sold
Premium
Sold
Oct 30, 2018 Listed by ARG American Realty Group LLC $6,000
Listed by ARG American Realty Group LLC
Show More

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: 65,340
  • 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
  • Subdivision: SOUTHERN COLONIZATION COMPANY
  • Land Acres: 0000001500
  • Standard Land Use Code: 8001
  • County Land Use Code: 000000
  • Legal Description 1: LOT G OF TRACT 9 WEST 1/2 OF THE EAST 1/2 OF THE SOUTH 1/2 OF THE NORTH 1/2 OF TRACT 9, SECTION 28 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, IN

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910102

Geography

  • Subdivision Tract Number: 9
  • Parcel: 1-28-34-33-0A00-00009-G000
  • Lot: G
  • Meridian: SEC 28 TWN 34S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.4897
  • Longitude: -81.0381

    Address

  • Full Address: 20621 Nw 266th St
  • Address - House Number: 20621
  • Street Direction: NW
  • Address - Street Name: 266th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R003
  • 4-Digit Zip Code: 5917
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $42,943
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $16,800
  • Market Land Value: $16,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,800
  • Assessed Land Value: $16,800

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6387
  • Previous Sale Recording Date: Mar 25, 2019
  • Previous Sale Contract Date: Mar 15, 2019
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: 68
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:

$337,900

Sale Price/ft²

$218

Below Asking

0.03%

Average Days on Market

92

Average Home Size

1522 ft²

Average Home Age

25.4 years

Currently For Sale

182 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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BEACHES

Listed by: Sandra E Veitch
ARG American Realty Group LLC
Last Updated: 11 months ago
Data Source: Beaches MLS, MLS# F10148613
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 20621 Northwest 266th Street built and last sold?
The property at 20621 Northwest 266th Street was built in and last sold on May 26, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 20621 Northwest 266th Street is $0.
What are some comparable homes to 20621 Northwest 266th Street?
There are currently no comparable homes to 20621 Northwest 266th Street.
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