$800,000
●
House -
Off Market
32801 N Hwy 441 #239
Okeechobee, FL 34972
3 Beds
2 Baths
3,057 Ft²
$4,730
Est. Monthly
$310
HOA / Fees
2.99%
Cap Rate
About This Property
For Sale: Spacious 3BR/2BA Home on 2.52 Acres
📍 Located in the Prestigious Indian Hammock Hunt & Riding Club | Okeechobee, FL. Escape to your private sanctuary in the highly sought-after Indian Hammock Hunt and Riding Club, a gated 3,600-acre community where luxury meets country living. Nestled on 2.52 beautifully wooded acres, this well-maintained 3-bedroom, 2-bathroom home offers the perfect blend of comfort, nature, and recreation - ideal as a full-time residence, weekend getaway, or seasonal retreat. Home Features: 3 Bedrooms | 2 Bathrooms Split floor plan for privacy and functionality. Open-concept living, dining, and kitchen area with abundant natural light. Spacious kitchen with ample cabinetry and breakfast bar. Primary suite with ensuite bath and generous closet space. Covered front and back porches - perfect for relaxing or entertaining. Detached garage or storage building under air, 2112 sq ft. Surrounded by mature trees, native landscaping and peaceful wildlife views.
📍 Located in the Prestigious Indian Hammock Hunt & Riding Club | Okeechobee, FL. Escape to your private sanctuary in the highly sought-after Indian Hammock Hunt and Riding Club, a gated 3,600-acre community where luxury meets country living. Nestled on 2.52 beautifully wooded acres, this well-maintained 3-bedroom, 2-bathroom home offers the perfect blend of comfort, nature, and recreation - ideal as a full-time residence, weekend getaway, or seasonal retreat. Home Features: 3 Bedrooms | 2 Bathrooms Split floor plan for privacy and functionality. Open-concept living, dining, and kitchen area with abundant natural light. Spacious kitchen with ample cabinetry and breakfast bar. Primary suite with ensuite bath and generous closet space. Covered front and back porches - perfect for relaxing or entertaining. Detached garage or storage building under air, 2112 sq ft. Surrounded by mature trees, native landscaping and peaceful wildlife views.
Unit Size
3,057 Ft²
Days on Market
90 days
Land Size
2.52 acres
Price per sqft
$294
Property Type
House
Property Taxes
-
HOA Dues
$310
Year Built
1985
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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: 10 months ago (Space Coast MLS #1056430)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Flag Agency Inc. | $900,000 | |
| Listed by Flag Agency Inc. | |||
Property Highlights
Garage
Parking Available
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Pantry, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 3057
Square Footage Source: $0
Security Features: Fire Alarm, Smoke Detector(s)
Architectural Style: Ranch
Year Built: 2002
Levels: One
Other Structures: Shed(s)
Construction Materials: Fiber Cement, Frame
Patio and Porch Features: Porch
Lot Features: Cleared, Airport Community
Lot Size Area: 2.52
Lot Size Units: Acres
Lot Size Acres: 2.52
Lot Size Square Feet: 109771.2
Water Source: Private, Well
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Heat Pump
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Security, Trash
HOA/Condo/Coop Amenities: Airport/Runway, Barbecue, Clubhouse, Fitness Center, Gated, Jogging Path, Park, Pool, Security, Shuffleboard Court, Pickleball
HOA Fee: $310
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 |
|---|---|---|---|---|---|---|---|
|
03/17/2026
|
4 Bed
|
2 Bath
|
3184 ft²
|
$749,900
4 Bed
2 Bath
3184 ft²
|
$713,500
-4.85%
06/12/2026
|
Mike Dinnen
Timber Properties
| |
|
07/16/2025
| |
Loft
|
-
|
-
|
$198,000
Loft
-
|
$165,000
-16.67%
01/27/2026
|
George W Stark
Flag Agency Inc.
|
|
11/15/2025
|
3 Bed
|
4 Bath
|
5358 ft²
|
$1,399,000
3 Bed
4 Bath
5358 ft²
|
$950,000
-32.09%
03/13/2026
|
Jess Robertson
Coldwell Banker Realty
| |
|
10/17/2025
|
3 Bed
|
2 Bath
|
1879 ft²
|
$460,000
3 Bed
2 Bath
1879 ft²
|
$380,000
-17.39%
12/05/2025
|
Tanya Bezugly-Machado
Douglas Elliman (Wellington)
| |
|
09/04/2025
|
3 Bed
|
2 Bath
|
3057 ft²
|
$900,000
3 Bed
2 Bath
3057 ft²
|
$800,000
-11.11%
12/04/2025
|
George W Stark
Flag Agency Inc.
| |
|
09/04/2025
|
3 Bed
|
2 Bath
|
1560 ft²
|
$499,500
3 Bed
2 Bath
1560 ft²
|
$435,000
-12.91%
10/28/2025
|
George W Stark
Flag Agency Inc.
| |
|
04/28/2025
|
Loft
|
-
|
-
|
$185,000
Loft
-
|
$185,000
07/29/2025
|
Charles Parrish
BHHS FLORIDA PROPERTIES GROUP
| |
|
11/18/2022
| |
Loft
|
-
|
-
|
$149,000
Loft
-
|
$145,000
-2.68%
01/10/2023
|
Marianne Windridge
Berkshire Hathaway Florida Realty
|
|
07/22/2024
|
3 Bed
|
3 Bath
|
2562 ft²
|
$1,095,000
3 Bed
3 Bath
2562 ft²
|
$1,095,000
08/19/2024
|
Michael Dinnen
TIMBER PROPERTIES
| |
|
07/03/2017
| |
3 Bed
|
2 Bath
|
2424 ft²
|
$249,900
3 Bed
2 Bath
2424 ft²
|
$220,000
-11.96%
07/28/2017
|
Marianne Windridge
Berkshire Hathaway Florida Realty
|
|
04/10/2020
|
2 Bed
|
2 Bath
|
-
|
$245,000
2 Bed
2 Bath
|
-
-
|
Jim R. Fisher
Keller Williams - Vero Beach
| |
|
10/24/2019
|
3 Bed
|
2 Bath
|
960 ft²
|
$195,000
3 Bed
2 Bath
960 ft²
|
-
-
|
-
| |
|
08/28/2017
|
Loft
|
-
|
-
|
$45,000
Loft
-
|
$40,000
-11.11%
10/26/2017
|
Marianne Windridge
Berkshire Hathaway Florida Realty
| |
|
07/29/2017
|
Loft
|
-
|
-
|
$48,000
Loft
-
|
$41,000
-14.58%
10/26/2017
|
Marianne Windridge
Berkshire Hathaway Florida Realty
| |
|
12/14/2016
|
3 Bed
|
3 Bath
|
2078 ft²
|
$449,000
3 Bed
3 Bath
2078 ft²
|
$400,000
-10.91%
08/07/2017
|
Marianne Windridge
Berkshire Hathaway Florida Realty
| |
|
01/26/2016
|
3 Bed
|
2 Bath
|
1200 ft²
|
$91,800
3 Bed
2 Bath
1200 ft²
|
$86,500
-5.77%
05/04/2016
|
Jarrett West
EXIT REALTY MAGIC CITY LLC
| |
|
12/01/2015
|
Loft
|
-
|
-
|
$50,000
Loft
-
|
$40,000
-20.00%
08/31/2016
|
Marianne Windridge
Berkshire Hathaway Florida Realty
| |
|
10/01/2015
|
3 Bed
|
3 Bath
|
1704 ft²
|
$165,000
3 Bed
3 Bath
1704 ft²
|
$160,000
-3.03%
01/15/2016
|
Marianne Windridge
Berkshire Hathaway Florida Realty
| |
|
09/01/2015
| |
3 Bed
|
2 Bath
|
1854 ft²
|
$229,000
3 Bed
2 Bath
1854 ft²
|
$205,000
-10.48%
12/22/2015
|
Marianne Windridge
Berkshire Hathaway Florida Realty
|
|
07/08/2015
|
3 Bed
|
2 Bath
|
1965 ft²
|
$339,000
3 Bed
2 Bath
1965 ft²
|
$325,000
-4.13%
12/27/2016
|
Marianne Windridge
Berkshire Hathaway Florida Realty
|
Building Info
About Okeechobee
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Listed by: George W Stark, Flag Agency Inc.
Last Updated: 10 months ago
Data Source: Space Coast MLS, MLS# 1056430
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.
Last Updated: 10 months ago
Data Source: Space Coast MLS, MLS# 1056430
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