$186,000
●
Condo -
Off Market
3124 Us Highway 441 SE #D4
OKEECHOBEE, FL 34974
2 Beds
1 Bath
1,000 Ft²
$186,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Lakefront 2/1 Condo on Lake Okeechobee – An Investor's Dream!
Welcome to your opportunity to own a piece of paradise on Lake Okeechobee. This 2-bedroom, 1-bathroom condo is not just a home; it's an investment in a lifestyle of leisure and lakefront living.
Property Highlights:
Renovated to Perfection: This ground-floor unit has been tastefully renovated with attention to detail, featuring new stainless steel appliances, new HVAC unit, and easy-to-maintain vinyl flooring. The modern upgrades provide a contemporary and inviting atmosphere.
Serene Screened Porch: Enjoy your morning coffee or evening sunsets in the spacious screened-in porch, offering peaceful views of the lush surroundings.
Amenities Galore: The complex boasts an array of amenities, including a community pool for cooling off on hot Florida days, tennis courts for active recreation, and boat storage to protect your watercraft. A basketball court and boat ramp make it easy to embrace the lake lifestyle, and a private boat dock ensures your vessel is secure.
Convenience: This condo comes with a dedicated parking space, providing easy access to your new home. The property is immaculately maintained, and the complex is known for its pristine condition.
Natural Beauty: Towering oak trees provide shade and a park-like setting, enhancing the beauty and tranquility of this location.
Financial Perks: Monthly dues cover water, sewer, lawn maintenance, and building insurance, simplifying your financial obligations. Currently tenant occupied, this unit generates income, making it an attractive investment opportunity.
Location: Nestled on the shores of Lake Okeechobee, this condo offers not only a comfortable home but also a gateway to countless outdoor adventures. Boating, fishing, and water sports are at your doorstep, and the serene lake views are a daily delight. Don't miss this chance to own a beautifully renovated condo in a prime location, whether for personal enjoyment or as a lucrative income property. The lifestyle you've been dreaming of awaits – inquire today!
Welcome to your opportunity to own a piece of paradise on Lake Okeechobee. This 2-bedroom, 1-bathroom condo is not just a home; it's an investment in a lifestyle of leisure and lakefront living.
Property Highlights:
Renovated to Perfection: This ground-floor unit has been tastefully renovated with attention to detail, featuring new stainless steel appliances, new HVAC unit, and easy-to-maintain vinyl flooring. The modern upgrades provide a contemporary and inviting atmosphere.
Serene Screened Porch: Enjoy your morning coffee or evening sunsets in the spacious screened-in porch, offering peaceful views of the lush surroundings.
Amenities Galore: The complex boasts an array of amenities, including a community pool for cooling off on hot Florida days, tennis courts for active recreation, and boat storage to protect your watercraft. A basketball court and boat ramp make it easy to embrace the lake lifestyle, and a private boat dock ensures your vessel is secure.
Convenience: This condo comes with a dedicated parking space, providing easy access to your new home. The property is immaculately maintained, and the complex is known for its pristine condition.
Natural Beauty: Towering oak trees provide shade and a park-like setting, enhancing the beauty and tranquility of this location.
Financial Perks: Monthly dues cover water, sewer, lawn maintenance, and building insurance, simplifying your financial obligations. Currently tenant occupied, this unit generates income, making it an attractive investment opportunity.
Location: Nestled on the shores of Lake Okeechobee, this condo offers not only a comfortable home but also a gateway to countless outdoor adventures. Boating, fishing, and water sports are at your doorstep, and the serene lake views are a daily delight. Don't miss this chance to own a beautifully renovated condo in a prime location, whether for personal enjoyment or as a lucrative income property. The lifestyle you've been dreaming of awaits – inquire today!
Unit Size
1,000 Ft²
Days on Market
87 days
Land Size
0.07 acres
Price per sqft
$186
Property Type
Condo
Property Taxes
$83
HOA Dues
$476
Year Built
1978
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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 #OK223179)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2023 | In contract | - | |
| In contract | |||
| Sep 22, 2023 | Price Decreased |
$186,000
↓ $13K
(6.5%) | |
| Price Decreased | |||
| Sep 9, 2023 | Price Decreased |
$199,000
↓ $36K
(15.3%) | |
| Price Decreased | |||
| Sep 4, 2023 | Listed by COLDWELL BANKER/BERGER REAL ES | $235,000 | |
| Listed by COLDWELL BANKER/BERGER REAL ES | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Boat, Guest
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s), Window Treatments
Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Flooring Type: Luxury Vinyl
Laundry Features: In Kitchen, Other
Rooms: 4
Exterior Details
Has Property Attached
Square Footage: 1000
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Completed
Year Built: 1978
Waterfront Features: Waterfront
Waterbody Name: Lake Okeechobee
Building Area Total: 1000
Levels: One
Other Structures: Storage, Tennis Court(s)
Building Area Units: Square Feet
Window Features: Aluminum Frames
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: None
Pool Features: Heated, Lighting, Screen Enclosure
Lot Size Area: 305
Lot Size Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 305
Water Source: Public
Financial Details
Tax Annual Amount: $1,001
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Laundry, Maintenance, Pool, Storage, Tennis Court(s)
HOA Fee: $476
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/08/2023
|
1 Bed
|
1 Bath
|
680 ft²
|
$159,900
1 Bed
1 Bath
680 ft²
|
-
-
|
Sandra Ballantyne
RE/MAX Prestige Realty/RPB
| |
|
09/04/2023
|
1 Bed
|
1 Bath
|
680 ft²
|
$199,000
1 Bed
1 Bath
680 ft²
|
$170,000
-14.57%
10/06/2023
|
A. Cristie Schmidt
COLDWELL BANKER/BERGER REAL ES
| |
|
09/04/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$235,000
2 Bed
1 Bath
1000 ft²
|
$186,000
-20.85%
11/30/2023
|
A. Cristie Schmidt
COLDWELL BANKER/BERGER REAL ES
| |
|
07/30/2021
|
1 Bed
|
1 Bath
|
680 ft²
|
$65,000
1 Bed
1 Bath
680 ft²
|
$65,000
09/03/2021
|
Ethan Hales
RED GATOR REAL ESTATE
|
Building Info
About Taylor Creek
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Listed by: A. Cristie Schmidt
COLDWELL BANKER/BERGER REAL ES
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK223179
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.
COLDWELL BANKER/BERGER REAL ES
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK223179
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017