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Okeechobee 34974
3469 NE 112th Avenue
$430,000
● Land - Off Market

3469 NE 112th Avenue

Okeechobee, FL 34974
bedrooms
Studio
bathrooms
0 Bath
$2,199
Est. Monthly
$23
HOA / Fees

About This Property

Welcome to our latest 10 acre tract of land located in Okeechobee. The property is equipped with a 40' x 60' well built barn built in 2018 with a 4ft concrete stem wall. Concrete slab within the structure and already plumbed for water. There are numerous oak trees planted on the property that are established and growing. Currently zoned agricultural with a tax bill less than $500/year.
Unit Size
-
Days on Market
40 days
Land Size
9.99 acres
Price per sqft
-
Property Type
Land
Property Taxes
$39
HOA Dues
$23
Year Built
2018

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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: 28 days ago (Beaches MLS #R10981899)

Price History

Date / Event Date Event Price
Jun 5, 2024 Sold
Premium
Sold
Apr 26, 2024 Listed by Real Broker LLC $435,000
Listed by Real Broker LLC
Mar 3, 2017 Sold
Premium
Sold
Feb 18, 2011 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Cover: 2
  • 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: 435,164
  • Total Building Area: 2,427
  • Gross Building Area: 2,427
  • Building Area: 2,427
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 2,427
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: ESTATES AT OKEECHOBEE PINES
  • Land Acres: 0000009990
  • Standard Land Use Code: 7012
  • County Land Use Code: 006187
  • State Land Use Code: 61
  • Legal Description 1: ESTATES AT OKEECHOBEE PINES (PLAT BOOK 7 PAGES 54 THROUGH 58) PARCEL 23

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910401

Geography

  • Parcel: 1-03-37-36-0010-00000-0230
  • Lot: 23
  • Meridian: SEC 03 TWN 37S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2756
  • Longitude: -80.7128

    Address

  • Full Address: 3469 Ne 112th Ave
  • Address - House Number: 3469
  • Street Direction: NE
  • Address - Street Name: 112th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R005
  • 4-Digit Zip Code: 3808
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 2,427
  • Tax Year: 2022
  • Tax Amount: $53,404
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $124,195
  • Market Land Value: $92,907
  • Market Improvement Value: $31,288

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,885

    Sales

  • Current Sale Contract Date: Mar 03, 2017
  • Current Sale Recording Date: Mar 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2017002052
  • Previous Sale Recording Date: Feb 18, 2011
  • Previous Sale Contract Date: Feb 16, 2011
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: 30

    Financing

  • First Mortgage Financing Type: UNK
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

82

Average Home Size

1585 ft²

Average Home Age

26.2 years

Currently For Sale

234 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

Rentals Near You

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BEACHES

Listed by: Teran Gilmette
Real Broker LLC
Last Updated: 28 days ago
Data Source: Beaches MLS, MLS# R10981899
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 3469 Northeast 112th Avenue built and last sold?
The property at 3469 Northeast 112th Avenue was built in 2018 and last sold on Mar 3, 2017 for $80,000.
How much is this home worth?
The estimated value of the home located at 3469 Northeast 112th Avenue is $0.
What are some comparable homes to 3469 Northeast 112th Avenue?
There are currently no comparable homes to 3469 Northeast 112th Avenue.
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