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Okeechobee 34972
405 NW 10th Avenue
$285,000
● House - Off Market

405 NW 10th Avenue

Okeechobee, FL 34972
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,194 Ft²
$1,611
Est. Monthly

About This Property

Well-maintained 3bd 2 bath CBS home with attached garage located within the City limits of Okeechobee. The property features a 12x20 Florida room equipped with screen and vinyl windows, and a window a/c unit.. The primary suite offers a walk-in closet and a step-in shower for added convenience. The home has porcelain tile throughout. Recent upgrades include a new air conditioner and appliances installed just two years ago, and a durable metal roof added in 2018. New solar panels make the home energy efficient. Additional amenities include hurricane shutters, gutters, a 12x14 shed, an irrigation system, and an above-ground pool, and a privacy fence around the back lawn, making this home a perfect blend of comfort and convenience.
Unit Size
1,194 Ft²
Days on Market
68 days
Land Size
0.18 acres
Price per sqft
$256
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
1999

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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 #R10991363)

Price History

Date / Event Date Event Price
Aug 5, 2024 Sold
Premium
Sold
May 28, 2024 Listed by Legacy Real Estate of Florida LLC $305,900
Listed by Legacy Real Estate of Florida LLC
Oct 17, 2011 Sold
Premium
Sold
Aug 10, 1998 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 322
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,927
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,516
  • Gross Building Area: 1,516
  • Building Area: 1,194
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,194
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWEST ADD
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: NORTHWEST ADDITION TO OKEECHOBEE (PLAT BOOK 1 PAGE 25) A PORTION OF LOTS 19 & 20 BLOCK 21 DESC AS FOLLOWS: BEG AT SE COR OF LOT 20 THENCE N 89 DEG 40 MIN 57 SEC W ALONG S BDRY LINE OF LOT 20 A DIST OF 56.10 FT TO SE COR OF LOT 19, THENCE N88 DEG 42 M

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910202

Geography

  • Parcel: 3-16-37-35-0160-00210-0200
  • Block: 21
  • Lot: 19,20
  • Meridian: SEC 16 TWN 37S RNG 35E
  • Municipality: CITY OF OKEECHOBEE
  • Latitude: 27.2472
  • Longitude: -80.8417

    Address

  • Full Address: 405 Nw 10th Ave
  • Address - House Number: 405
  • Street Direction: NW
  • Address - Street Name: 10th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C001
  • 4-Digit Zip Code: 2848
  • Zip Code: 34972

Valuation

    Tax

  • Total Area: 1,530
  • Tax Year: 2022
  • Tax Amount: $121,251
  • Tax Rate Code Area: 050

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 242,762
  • High Value: 348,806
  • Low Value: 136,717

    Market Valuation

  • Market Total Value: $234,436
  • Market Land Value: $12,900
  • Market Improvement Value: $221,536

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,902

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2011
  • Current Sale Recording Date: Oct 17, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2011010152
  • Previous Sale Recording Date: Aug 10, 1998
  • Previous Sale Contract Date: Aug 05, 1998
  • Previous Sale Amount: $11,500
  • Previous 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:

$315,000

Sale Price/ft²

$203

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1395 ft²

Average Home Age

42.1 years

Currently For Sale

21 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 704 Sw 6th Street, FL, 34974

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
704 Sw 6th Street, FL, 34974 Listing by Michael Johnston, LLC
Unit for rent at 2447 Nw 5th Street, Okeechobee, FL, 34972

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,258 ft²
2447 Nw 5th Street, Okeechobee, FL, 34972 Listing by Patrick Malone
Unit for rent at 274 Se 14th Avenue, Okeechobee, FL, 34974

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,250 ft²
274 Se 14th Avenue, Okeechobee, FL, 34974 Listing by Joseph W Stas

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Lasha Boree
Legacy Real Estate of Florida LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10991363
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 405 Northwest 10th Avenue built and last sold?
The property at 405 Northwest 10th Avenue was built in 1999 and last sold on Oct 5, 2011 for $36,100.
How much is this home worth?
The estimated value of the home located at 405 Northwest 10th Avenue is $306,125.
What are some comparable homes to 405 Northwest 10th Avenue?
There are currently no comparable homes to 405 Northwest 10th Avenue.
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