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Okeechobee 34972
27955 NE 65th Terrace
$97,700
● Land - Off Market

27955 NE 65th Terrace

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$74,576
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

5 Acres with well and septic. Close to paved roads. Heavily wooded lot.
Unit Size
-
Days on Market
31 days
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$56
HOA Dues
-
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: 5 months ago (Beaches MLS #R10775137)

Price History

Date / Event Date Event Price
Jun 1, 2022 Sold
Premium
Sold
Feb 6, 2022 Listed by RE/MAX Properties $74,000
Listed by RE/MAX Properties

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: 217,800
  • 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
  • Land Acres: 0000005000
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: THE NORTH 1/2 OF THE NORTHWEST 1/4 OF THE NORTHWEST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 20, TOWNSHIP 34 SOUTH, RANGE 36 EAST, OKEECHOBEE COUNTY, FLORIDA. SUBJECT TO AN EASEMENT FOR ROAD RIGHT OF WAY PURPOSES OVER, ACROSS AND UPON THE EAST THIRTY (30)

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910101

Geography

  • Parcel: 1-20-34-36-0A00-00003-0370
  • Meridian: SEC 20 TWN 34S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.5075
  • Longitude: -80.7598

    Address

  • Full Address: 27955 Ne 65th Ter
  • Address - House Number: 27955
  • Street Direction: NE
  • Address - Street Name: 65th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R007
  • 4-Digit Zip Code: 0304
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $75,809
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $95,500
  • Market Land Value: $95,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,500
  • Assessed Land Value: $95,500

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: Jun 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7518
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

$220

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1603 ft²

Average Home Age

26 years

Currently For Sale

230 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: Jeff Grant
RE/MAX Properties
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10775137
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 27955 Northeast 65th Terrace built and last sold?
The property at 27955 Northeast 65th Terrace was built in and last sold on May 16, 2022 for $97,700.
How much is this home worth?
The estimated value of the home located at 27955 Northeast 65th Terrace is $0.
What are some comparable homes to 27955 Northeast 65th Terrace?
There are currently no comparable homes to 27955 Northeast 65th Terrace.
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