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Okeechobee 34974
2442 SE 67th Place
$114,500
● Land - Off Market

2442 SE 67th Place

Okeechobee, FL 34974
bedrooms
Studio
bathrooms
0 Bath
$131,622
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

This is a 9.07 acre parcel in Sherman Wood Ranches. Only three miles from town, but you'll feel like you are out in the country. Enjoy the benefits of acreage in a private gated neighborhood. Easy access to Martin, St Lucie and Palm Beach Counties.  Being sold As Is.
Unit Size
-
Days on Market
125 days
Land Size
9.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$61
HOA Dues
$95
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: 2 months ago (MCRTC #M20031477)

Price History

Date / Event Date Event Price
Feb 15, 2022 Sold
Premium
Sold
Oct 13, 2021 Listed by Water Pointe Realty Group $125,000
Listed by Water Pointe Realty Group
Mar 2, 2020 Sold
Premium
Sold
Feb 3, 2010 Sold
Premium
Sold

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: 395,089
  • 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: SHERMAN WOOD RANCHES
  • Land Acres: 0000009070
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: SHERMAN WOOD RANCHES (PLAT BOOK 7 PAGES 61 THROUGH 68) LOT 9

Neighborhood

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

Geography

  • Parcel: 1-29-37-36-0010-00000-0090
  • Lot: 9
  • Meridian: SEC 29 TWN 37S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2209
  • Longitude: -80.7481

    Address

  • Full Address: 2442 Se 67th Pl
  • Address - House Number: 2442
  • Street Direction: SE
  • Address - Street Name: 67th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34974

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $118,872
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $113,805
  • Market Land Value: $113,805

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,805
  • Assessed Land Value: $113,805

    Sales

  • Current Sale Contract Date: Feb 14, 2022
  • Current Sale Recording Date: Feb 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2116
  • Previous Sale Recording Date: Mar 02, 2020
  • Previous Sale Contract Date: Feb 27, 2020
  • Previous Sale Amount: $75,000
  • 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

84

Average Home Size

1589 ft²

Average Home Age

26.2 years

Currently For Sale

233 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 6275 Us Highway 441 Se, Okeechobee, FL, 34974

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,620 ft²
6275 Us Highway 441 Se, Okeechobee, FL, 34974 Listing by Michael J Johnston
Unit for rent at 5101 Se 43rd Trace, Okeechobee, FL, 34974

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,450 ft²
5101 Se 43rd Trace, Okeechobee, FL, 34974 Listing by Valerie Selby PA

Rentals Near You

Click here to view more rentals in the neighborhood.
MCRTC

Listed by: David Derrenbacker, Water Pointe Realty Group
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20031477
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2026 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

Frequently Asked Questions

When was property at 2442 Southeast 67th Place built and last sold?
The property at 2442 Southeast 67th Place was built in and last sold on Feb 14, 2022 for $114,500.
How much is this home worth?
The estimated value of the home located at 2442 Southeast 67th Place is $126,250.
What are some comparable homes to 2442 Southeast 67th Place?
There are currently no comparable homes to 2442 Southeast 67th Place.
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