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Okeechobee 34972
3550 NE 304th Street
$6,800,000
● Land - Off Market

3550 NE 304th Street

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$37,154
Est. Monthly
$3,750
HOA / Fees

About This Property

Listing Entered for Statistical purposes only.
Unit Size
-
Days on Market
31 days
Land Size
186.62 acres
Price per sqft
-
Property Type
Land
Property Taxes
$14
HOA Dues
$3,750
Year Built
-

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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 (Beaches MLS #R11141547)

Price History

Date / Event Date Event Price
Nov 4, 2024 Sold
Premium
Sold
Oct 4, 2024 Listed by Taiter Realty, LLC $6,800,000
Listed by Taiter Realty, LLC

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: 8,952,495
  • 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: A
  • Land Acres: 0000205521
  • Standard Land Use Code: 7012
  • County Land Use Code: 006310
  • Legal Description 1: A PARCEL OF LAND LOCATED IN SECTION 13, SECTION 14, SECTION 23 AND SECTION 24, TOWNSHIP 34 SOUTH, RANGE 35 EAST, OKEECHOBEE COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE NORTHWEST CORNER OF SAID SECTION 13 ALSO BEING

Neighborhood

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

Geography

  • Parcel: 1-13-34-35-0A00-00001-0020
  • Meridian: SEC 13 TWN 34S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.5195
  • Longitude: -80.7928

    Address

  • Full Address: 3550 Ne 304th St
  • Address - House Number: 3550
  • Street Direction: NE
  • Address - Street Name: 304th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,571
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $5,338,502
  • Market Land Value: $5,338,502

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,835
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

1558 ft²

Average Home Age

27.2 years

Currently For Sale

236 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: Kyle Camerlinck
Taiter Realty, LLC
Last Updated: 12 months ago
Data Source: Beaches MLS, MLS# R11141547
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 3550 Northeast 304th Street built and last sold?
The property at 3550 Northeast 304th Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3550 Northeast 304th Street is $6,868,000.
What are some comparable homes to 3550 Northeast 304th Street?
There are currently no comparable homes to 3550 Northeast 304th Street.
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