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Okeechobee 34972
3225 NW 31 Th Avenue
Photo of 3225 NW 31 Th Avenue
Sold on Apr 23, 2025

1

Map

$50,000
● Land - Off Market

3225 NW 31 Th Avenue

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$349
Est. Monthly

About This Property

Almost 1/2 Acre lot ready to build your Dream home on it, in the growing community of Okeechobee is waiting for you to put an offer. In this area, you find New Hospital, Chopping Centers and Churches. In this area, you find Airport and most of the stores you want. Go for it, Do not miss it.
Unit Size
-
Days on Market
81 days
Land Size
0.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$20
HOA Dues
-
Year Built
-

Payment Calculator

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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: 4 months ago (Space Coast MLS #971459)

Price History

Date / Event Date Event Price
Apr 23, 2025 Sold
Premium
Sold
Apr 10, 2025 In contract -
In contract
Mar 18, 2025 Price Increased $67,000
↑ $2K (3.1%)
Price Increased
Feb 2, 2025 Relisted $65,000
Relisted
Jan 31, 2025 No longer available -
No longer available
Show More

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: 20,124
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,610
  • 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: BASS
  • Land Acres: 0000000462
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: BASSWOOD INCORPORATED UNIT NUMBER 2 (PLAT BOOK 3 PAGE 28) LOT 10 BLOCK 34

Neighborhood

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

Geography

  • Parcel: 1-05-37-35-0020-00340-0100
  • Block: 34
  • Lot: 10
  • Meridian: SEC 05 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2728
  • Longitude: -80.8605

    Address

  • Full Address: 3225 Nw 31st Ave
  • Address - House Number: 3225
  • Street Direction: NW
  • Address - Street Name: 31st
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,642
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $19,250
  • Market Land Value: $19,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,250
  • Assessed Land Value: $19,250

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11714
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:

$337,900

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

80

Average Home Size

1570 ft²

Average Home Age

27.3 years

Currently For Sale

246 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 3422 Nw 26th Avenue, OKEECHOBEE, FL, 34972

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,925 ft²
3422 Nw 26th Avenue, OKEECHOBEE, FL, 34972 Listing by Eric Nathanson

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Olga Medina, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 971459
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.

Frequently Asked Questions

When was property at 3225 Northwest 31st Avenue built and last sold?
The property at 3225 Northwest 31st Avenue was built in and last sold on Aug 27, 2021 for $18,500.
How much is this home worth?
The estimated value of the home located at 3225 Northwest 31st Avenue is $67,670.
What are some comparable homes to 3225 Northwest 31st Avenue?
There are currently no comparable homes to 3225 Northwest 31st Avenue.
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