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Okeechobee 34974
2202 SE 8th AVENUE
$215,000
● Mobile Manufactured - Off Market

2202 SE 8th AVENUE

OKEECHOBEE, FL 34974
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,376 Ft²
$246,055
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

TAYLOR CREEK (LAKE ACCESS) LUCY ISLAND BEAUTIFUL HOME ON LARGE LOT OPEN CONCEPT D.W. 2 BEDROOMS 2 BATHS. NEW MODERN KITCHEN WITH WOODEN CABINETS. BIG COVERED DOCK, BOATHOUSE,AND A GOOD SEAWALL . BACKYARD IS FENCED WITH A BURNING PIT. THE CARPORT IS 12X37 & HAS A STORAGE/WORKSHOP AREA 10X12. THERE IS AN ADDITIONAL STORAGE SHED 10 X 12.   THE LARGE DRIVEWAY 50X65 WILL ACCOMADATE MANY VEHECILES.

BRING YOU MOTERHOME IT HAS A HOOKUP TO SEPTIC , BOATS, ETC. THIS PROPERTY HAS A NEW DRAINFIELD. THERE IS ALSO A HANDICAP RAMP. FURNISHINGS ARE NEGOTIABLE.
Unit Size
1,376 Ft²
Days on Market
92 days
Land Size
0.22 acres
Price per sqft
$156
Property Type
Mobile Manufactured
Property Taxes
$81
HOA Dues
-
Year Built
2002

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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: 3 years ago (Stellar MLS #OK220173)

Price History

Date / Event Date Event Price
Aug 10, 2021 Sold
Premium
Sold
May 6, 2021 Listed by GILBERT REALTY GROUP $215,000
Listed by GILBERT REALTY GROUP
Apr 9, 2012 Sold
Premium
Sold
Apr 12, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 630
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,931
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,373
  • Gross Building Area: 1,373
  • Building Area: 1,373
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,373
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LUCY ISLAND
  • Land Acres: 0000000228
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 16, LUCY ISLAND LOCATED IN SECTION 27, TOWNSHIP 37 SOUTH, RANGE 35 EAST, OKEECHOBEE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF THE NORTHWEST 1/4 OF SECTION 27, TOWNSHIP 37 SOUTH, RANGE 35 EAST,

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910500

Geography

  • Parcel: 1-27-37-35-0A00-00003-0016
  • Lot: 16
  • Meridian: SEC 27 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2248
  • Longitude: -80.8207

    Address

  • Full Address: 2202 Se 8th Ave
  • Address - House Number: 2202
  • Street Direction: SE
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C003
  • 4-Digit Zip Code: 5368
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,376
  • Tax Year: 2022
  • Tax Amount: $272,835
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 205,713
  • High Value: 299,147
  • Low Value: 112,278

    Market Valuation

  • Market Total Value: $179,942
  • Market Land Value: $35,433
  • Market Improvement Value: $144,509

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,942
  • Assessed Land Value: $35,433
  • Assessed Improvements Value: $144,509

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021010295
  • Previous Sale Recording Date: Apr 09, 2012
  • Previous Sale Contract Date: Apr 09, 2012
  • Previous Sale Amount: $87,000
  • Previous 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:

$336,450

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

83

Average Home Size

1592 ft²

Average Home Age

26.2 years

Currently For Sale

232 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

Unit for rent at 704 Sw 6th Street, Okeechobee, FL, 34974

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
704 Sw 6th Street, Okeechobee, FL, 34974 Listing by Michael J Johnston
Unit for rent at 3633 Se 20th Terrace, OKEECHOBEE, FL, 34974

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,034 ft²
3633 Se 20th Terrace, OKEECHOBEE, FL, 34974 Listing by Winston Ward, II

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Marlene Curley
GILBERT REALTY GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220173
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2202 Southeast 8th Avenue built and last sold?
The property at 2202 Southeast 8th Avenue was built in 2002 and last sold on Aug 6, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 2202 Southeast 8th Avenue is $0.
What are some comparable homes to 2202 Southeast 8th Avenue?
There are currently no comparable homes to 2202 Southeast 8th Avenue.
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