$435,000
●
House -
Off Market
32801 Hwy 441 N #8
Okeechobee, FL 34972
3 Beds
2 Baths
1,560 Ft²
$3,023
Est. Monthly
$310
HOA / Fees
4.46%
Cap Rate
About This Property
Escape to a charming 3‑bedroom, 2‑bath cabin set on 2.59 wooded
acres within the exclusive, gated Indian Hammock community. A blend
of rustic character and modern design, the home features vaulted
ceilings and Mexican tile, creating a warm, airy atmosphere that
invites both relaxation and connection with nature.
Enjoy peaceful mornings and serene evenings on the screened porch, ideal for savoring coffee or sunsets. Practical touches like a storage shed and attached carport add everyday convenience. Indian Hammock spans about 3,600 acres, including roughly 2,400 acres of nature preserve, offering unmatched privacy and natural beauty
Zillow
. Residents enjoy a wealth of amenities:
Private airstrip and hangars
Skeet, trap, 5‑stand shooting, and an NRA-certified rifle and pistol range
Clubhouse with on-site restaurant, gym, and heated pool
Guest cabins, RV campground, tennis courts
Horse stables, riding arena, miles of equestrian and nature trails
Enjoy peaceful mornings and serene evenings on the screened porch, ideal for savoring coffee or sunsets. Practical touches like a storage shed and attached carport add everyday convenience. Indian Hammock spans about 3,600 acres, including roughly 2,400 acres of nature preserve, offering unmatched privacy and natural beauty
Zillow
. Residents enjoy a wealth of amenities:
Private airstrip and hangars
Skeet, trap, 5‑stand shooting, and an NRA-certified rifle and pistol range
Clubhouse with on-site restaurant, gym, and heated pool
Guest cabins, RV campground, tennis courts
Horse stables, riding arena, miles of equestrian and nature trails
Unit Size
1,560 Ft²
Days on Market
53 days
Land Size
2.59 acres
Price per sqft
$320
Property Type
House
Property Taxes
$260
HOA Dues
$310
Year Built
1985
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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: 12 months ago (Space Coast MLS #1056415)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Flag Agency Inc. | $499,500 | |
| Listed by Flag Agency Inc. | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Carport
Parking Features: Carport
Interior Details
Full Bathrooms: 2
Interior Features: Vaulted Ceiling(s)
Appliances: Dishwasher, Electric Range, Refrigerator, Other
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1560
Square Footage Source: $0
Security Features: Gated with Guard
Architectural Style: A-Frame
Year Built: 1975
Other Structures: Shed(s)
Construction Materials: Frame
Patio and Porch Features: Patio, Porch, Screened
Lot Features: Other, Airport Community
Lot Size Area: 2.59
Lot Size Units: Acres
Lot Size Acres: 2.59
Lot Size Square Feet: 112820.4
Water Source: Well
Financial Details
Tax Annual Amount: $3,116
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Security, Trash
HOA/Condo/Coop Amenities: Airport/Runway, Clubhouse, Fitness Center, Gated, Pool, Shuffleboard Court, Stable(s), Tennis Court(s), Trash, Management - On Site
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: 12 months ago
Data Source: Space Coast MLS, MLS# 1056415
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: 12 months ago
Data Source: Space Coast MLS, MLS# 1056415
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