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Okeechobee 34972
3967 NW 31st AVENUE
$25,000
● Land - Off Market

3967 NW 31st AVENUE

OKEECHOBEE, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$173
Est. Monthly

About This Property

~Basswood Estates~ Vacant lot- at the end of the road privacy! Build your dream home! Lot needs to be cleared, quiet neighborhood. Schools nearby & shopping. Unimproved lot. Measurements are approx must measure for exact.
Unit Size
-
Days on Market
180 days
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$25
HOA Dues
-
Year Built
-

Payment Calculator

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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: 2 years ago (Stellar MLS #OK224398)

Price History

Date / Event Date Event Price
Feb 10, 2025 Sold
Premium
Sold
Jan 28, 2025 In contract -
In contract
Dec 29, 2024 Price Decreased $30,000
↓ $10K (25%)
Price Decreased
Aug 14, 2024 Listed by LAKE O REAL ESTATE, LLC $40,000
Listed by LAKE O REAL ESTATE, LLC
Nov 7, 1997 Sold
Premium
Sold

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: 14,723
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,180
  • 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: 0000000338
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: BASSWOOD INCORPORATED UNIT NUMBER 2 (PLAT BOOK 3 PAGE 28) LOT 1 BLOCK 33

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910201

Geography

  • Parcel: 1-05-37-35-0020-00330-0010
  • Block: 33
  • Lot: 1
  • Meridian: SEC 05 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2795
  • Longitude: -80.8606

    Address

  • Full Address: 3967 Nw 31st Ave
  • Address - House Number: 3967
  • Street Direction: NW
  • Address - Street Name: 31st
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R022
  • 4-Digit Zip Code: 1332
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,973
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $17,500
  • Market Land Value: $17,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,500
  • Assessed Land Value: $17,500

    Sales

  • Current Sale Contract Date: Nov 04, 1997
  • Current Sale Recording Date: Nov 07, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
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.
STELLAR

Listed by: Jody Carter
LAKE O REAL ESTATE, LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OK224398
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3967 Northwest 31st Avenue built and last sold?
The property at 3967 Northwest 31st Avenue was built in and last sold on Nov 4, 1997 for $5,500.
How much is this home worth?
The estimated value of the home located at 3967 Northwest 31st Avenue is $0.
What are some comparable homes to 3967 Northwest 31st Avenue?
There are currently no comparable homes to 3967 Northwest 31st Avenue.
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