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Okeechobee 34972
3567 NW 37th Avenue
Photo of 3567 NW 37th Avenue
Sold on Jun 1, 2026

1

Map

$42,000
● Land - Off Market

3567 NW 37th Avenue

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$234
Est. Monthly

About This Property

Residential vacant lot located in the Basswood subdivision of Okeechobee. This approximately 0.21-acre parcel offers a great opportunity for new construction or long-term investment. Recorded plat and established lot dimensions provide a straightforward path for future development. Conveniently located with access to local amenities while still offering a quiet setting. No HOA. Buyer to verify zoning, utilities, and building requirements.
Unit Size
-
Days on Market
122 days
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$28
HOA Dues
-
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: 5 months ago (Beaches MLS #F10549440)

Price History

Date / Event Date Event Price
Jun 1, 2026 Sold
Premium
Sold
Jan 30, 2026 Listed by Integrity Realty Group of Florida LLC $42,000
Listed by Integrity Realty Group of Florida 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: 9,365
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • 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: 0000000215
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: BASSWOOD, INC. UNIT NO 5 (PLAT BOOK 3 PAGE 51) LOT 2 BLOCK 61

Neighborhood

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

Geography

  • Parcel: 1-05-37-35-0050-00610-0020
  • Block: 61
  • Lot: 2
  • Meridian: SEC 05 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.276
  • Longitude: -80.8666

    Address

  • Full Address: 3567 Nw 37th Ave
  • Legal Unit: 5
  • Address - House Number: 3567
  • Street Direction: NW
  • Address - Street Name: 37th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,252
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $12,000
  • Market Land Value: $12,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $12,000
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

$223

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1584 ft²

Average Home Age

26.3 years

Currently For Sale

232 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

  • Studio
  • 2 Baths
  • 1,185 ft²
3422 Nw 26th Avenue, Okeechobee, FL, 34972 Listing by Eric R Nathanson

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Winston Wade Ward II
Integrity Realty Group of Florida LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# F10549440
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 3567 Northwest 37th Avenue built and last sold?
The property at 3567 Northwest 37th Avenue 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 3567 Northwest 37th Avenue is $42,420.
What are some comparable homes to 3567 Northwest 37th Avenue?
There are currently no comparable homes to 3567 Northwest 37th Avenue.
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