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Okeechobee 34974
4350 SW 12TH WAY
$195,000
● Mobile Manufactured - Off Market

4350 SW 12TH WAY

OKEECHOBEE, FL 34974
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,434 Ft²
$198,752
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Amazing Winter Retreat 3bd/2ba DWMH in Palm Village Ranch. Located in a deed-restricted 55+ retirement community, nestled in a quiet and secluded southwest corner of Okeechobee. Amenities include a clubhouse, heated swimming pool and stocked 4.41 acre pond, and basic lawn service for the entire community. That's right....you don't even have to mow your own lawn!!
Unit Size
1,434 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$139
Property Type
Mobile Manufactured
Property Taxes
$182
HOA Dues
$62
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 years ago (Stellar MLS #OK223030)

Price History

Date / Event Date Event Price
Sep 11, 2023 Sold
Premium
Sold
Aug 24, 2023 In contract -
In contract
Jul 27, 2023 Listed by TUCKER GROUP LLC $200,000
Listed by TUCKER GROUP LLC
May 21, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 228
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,965
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,434
  • Gross Building Area: 1,434
  • Building Area: 1,434
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,434
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALM VILLAGE RANCH
  • Land Acres: 0000000114
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: PALM VILLAGE RANCH (PLAT BOOK 6 PAGES 34 & 35) LOT 180 TOGETHER WITH THAT CERTAIN DOUBLEWIDE MANUFACTURED HOME DESCRIBED AS A 2005 CLAY WITH VIN NO: WHC013996GAA AND 2HC013996GAB AS SHOWN IN THAT AFFIDAVIT RECORDED IN OFFICIAL RECORDS BOOK 726, PAGE

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910601

Geography

  • Parcel: 1-33-37-35-0030-00000-1800
  • Lot: 180
  • Meridian: SEC 33 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.204
  • Longitude: -80.8408

    Address

  • Full Address: 4350 Sw 12th Way
  • Address - House Number: 4350
  • Street Direction: SW
  • Address - Street Name: 12th
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C013
  • 4-Digit Zip Code: 7613
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,466
  • Tax Year: 2022
  • Tax Amount: $217,795
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 167,024
  • High Value: 239,984
  • Low Value: 94,063

    Market Valuation

  • Market Total Value: $149,825
  • Market Land Value: $23,000
  • Market Improvement Value: $126,825

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,825
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $126,825

    Sales

  • Current Sale Contract Date: Sep 07, 2023
  • Current Sale Recording Date: Sep 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10587
  • Previous Sale Recording Date: May 21, 2014
  • Previous Sale Contract Date: May 19, 2014
  • Previous Sale Amount: $49,000
  • Previous Sale Document Type: 68
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:

$335,000

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

93

Average Home Size

1497 ft²

Average Home Age

25.8 years

Currently For Sale

187 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

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STELLAR

Listed by: Faith Nielson
TUCKER GROUP LLC
Last Updated: 4 years ago
Data Source: Stellar MLS, MLS# OK223030
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 4350 Southwest 12th Way built and last sold?
The property at 4350 Southwest 12th Way was built in 2005 and last sold on Sep 7, 2023 for $195,000.
How much is this home worth?
The estimated value of the home located at 4350 Southwest 12th Way is $208,199.
What are some comparable homes to 4350 Southwest 12th Way?
There are currently no comparable homes to 4350 Southwest 12th Way.
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