Welcome to this well-kept 3-bedroom, 2-bath mobile home offering
comfortable, move-in-ready living in a well-established community
with no HOA. Fully furnished and thoughtfully maintained, this
waterfront property provides direct access to Lake Okeechobee and
is conveniently located close to shopping, dining, and local
businesses. Enjoy deep-water canal frontage with 80 feet of
concrete seawall, a private boat ramp, and a location less than one
mile from Lake Okeechobee. The fenced backyard, patio area,
irrigation system, and newer metal roof add to the home's appeal
and functionality, making it an ideal retreat for boating, fishing,
entertaining, or simply enjoying a peaceful waterfront lifestyle.
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.
Interior Features: Breakfast Bar, Eat-in Kitchen, Soaking Tub, Bar, Walk-In Closet(s), BreakfastArea, Bathtub, DualSinks, GardenTubRomanTub, KitchenDiningCombo, SplitBedrooms, SeparateShower
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Vented Exhaust Fan, Water Heater, Washer
Lot Features: SprinklerSystem, LessThanQuarterAcre
Lot Size Area: 7840.8
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Water Source: Public
Financial Details
Tax Assessed Value: $169,299
Tax Annual Amount: $2,957
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Building Info
Overview
General
Year Built:
2004
Effective Year Built:
2004
Building Count:
1
Bedroom Count:
0
Building Condition:
0
Building Quality:
7
Construction Type:
0
Building Style:
33
Exterior Walls Type:
19
Interior Walls Type:
0
Roof Shape Type:
0
Roof Cover Type:
5
Living Units:
1
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
0
Parking Space Count:
0
Patio Type:
79
Porch Type:
0
Pool Type:
0
Dimensions
Lot Size Square Feet:
7,971
Lot Size Depth Feet:
1,000
Lot Size Frontage Feet:
800
Total Building Area:
1,152
Gross Building Area:
1,152
Building Area:
1,152
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
4
Heated Square Feet:
1,152
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
TAYLOR CREEK ISLES SECTION
Land Acres:
0000000183
Standard Land Use Code:
1006
County Land Use Code:
000200
State Land Use Code:
02
Mobile Home Indicator:
T
Legal Description 1:
TAYLOR CREEK ISLES SECTION THREE (PLAT BOOK 4 PAGE 2) LOT 322 TOGETHER WITH THAT CERTAIN MANUFACTURED HOME DESCRIBED AS A 2004 GENA WITH VIN NO: GMHGA4500331015A AND GMHGA4500331015B AS SHOWN IN THAT AFFIDAVIT RECORDED IN OFFICIAL RECORD BOOK 824, PA
Neighborhood
School District Name:
Okeechobee County School District
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