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Okeechobee 34974
2532 SE 137th Way
$280,000
● Land - Off Market

2532 SE 137th Way

Okeechobee, FL 34974
bedrooms
Studio
bathrooms
0 Bath
$1,874
Est. Monthly
$125
HOA / Fees

About This Property

Discover the perfect canvas for your dream estate in Bridlewood Ranches-a picturesque 10.35-acre property boasting mature oak trees and agricultural zoning. This serene parcel offers endless possibilities, whether you envision building a custom home, setting up equestrian facilities, or cultivating a private sanctuary. Escape to rural tranquility while remaining conveniently close to amenities and major routes. Embrace the opportunity to create a lifestyle where your home, horses, and passions can flourish. Don't miss this chance to own a piece of Bridlewood Ranches schedule your tour today and start imagining the possibilities!
Unit Size
-
Days on Market
435 days
Land Size
10.35 acres
Price per sqft
-
Property Type
Land
Property Taxes
$133
HOA Dues
$125
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: 9 months ago (Beaches MLS #R10985087)

Price History

Date / Event Date Event Price
Jul 16, 2025 Sold
Premium
Sold
Jun 15, 2025 In contract -
In contract
May 7, 2024 Listed by Southern Key Realty $329,000
Listed by Southern Key Realty
Apr 20, 2020 Sold
Premium
Sold
Apr 17, 2019 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: 450,846
  • 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: BRIDLEWOOD RANCHES
  • Land Acres: 0000010350
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: BRIDLEWOOD RANCHES (PLAT BOOK 7 PAGES 34 THROUGH 50) LOT 8

Neighborhood

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

Geography

  • Parcel: 1-25-37-36-0010-00000-0080
  • Lot: 8
  • Meridian: SEC 25 TWN 37S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2224
  • Longitude: -80.6789

    Address

  • Full Address: 2532 Se 137th Way
  • Address - House Number: 2532
  • Street Direction: SE
  • Address - Street Name: 137th
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34974

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $140,859
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $126,290
  • Market Land Value: $126,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,290
  • Assessed Land Value: $126,290

    Sales

  • Current Sale Contract Date: Apr 13, 2020
  • Current Sale Recording Date: Apr 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2020003797
  • Previous Sale Recording Date: Apr 17, 2019
  • Previous Sale Contract Date: Apr 12, 2019
  • Previous Sale Amount: $97,756
  • Previous Sale Document Type: 30
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:

$335,000

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1604 ft²

Average Home Age

25.9 years

Currently For Sale

229 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

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BEACHES

Listed by: Robert L O'Neal Jr
Southern Key Realty
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10985087
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 2532 Southeast 137th Way built and last sold?
The property at 2532 Southeast 137th Way was built in and last sold on Apr 13, 2020 for $99,500.
How much is this home worth?
The estimated value of the home located at 2532 Southeast 137th Way is $332,290.
What are some comparable homes to 2532 Southeast 137th Way?
There are currently no comparable homes to 2532 Southeast 137th Way.
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