21020 NW 288 Street
About This Property
Okeechobee County offers a perfect blend of small-town charm, outdoor adventure, and a laid-back lifestyle. Home to the iconic Lake Okeechobee, the largest freshwater lake in the state, this area is a paradise for fishing, boating, and nature enthusiasts. Anglers from across the country visit to reel in trophy-sized bass, while hikers and cyclists enjoy the scenic Lake Okeechobee Scenic Trail that wraps around the water.
Beyond the lake, Okeechobee County boasts an authentic rural feel with wide-open spaces, equestrian trails, and sprawling ranches. The town of Okeechobee itself hosts vibrant community events like the Okeechobee Music & Arts Festival and the annual Speckled Perch Festival, celebrating the region's rich cultural and agricultural heritage.
For those who love the outdoors, the county offers endless activitiesfrom airboat rides through the marshes of the Kissimmee Prairie Preserve State Park to birdwatching at Taylor Creek Stormwater Treatment Area. Hunting, camping, and wildlife photography thrive here, making it a nature lover's dream.
With its relaxed pace of life, friendly community, and affordable real estate, Okeechobee County is an ideal place to call home, whether you're seeking a peaceful retreat or an adventure-filled lifestyle.
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | Listed by Coldwell Banker Paradise | $74,900 | |
| Listed by Coldwell Banker Paradise | |||
| | |||
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Nestled in a serene area backing up to the Kissimmee Prairie Preserve, this 5.0 acres offers the perfect escape with no HOA restrictions. Bring your side-by-side and explore the stunning natural surroundings. Mobile homes are welcome, or build your dream home and enjoy the peaceful Florida landscape. Outdoor enthusiasts will love the proximity to world-class fishing at Lake Okeechobee, hunting, and endless recreational opportunities. Just 30 minutes from restaurants and entertainment, and less than two hours from Walt Disney World. This property is priced below market value, making it an excellent opportunity to invest in Florida land—whether for a future home, vacation getaway, or long-term appreciation. Don't miss out on this hidden gem!
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| Feb 12, 2025 | Listed by Coldwell Banker Paradise | $74,900 | |
| Listed by Coldwell Banker Paradise | |||
| Oct 6, 2004 | Sold | ||
| Sold | |||
| Jun 9, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017