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Okeechobee 34974
4400 SW 9th Way
$255,000
● House - Off Market

4400 SW 9th Way

Okeechobee, FL 34974
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,255 Ft²
$281,119
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Brand New Construction by a high quality local builder. Scheduled to be finished Dec 2021. This builder includes standard features such as Granite counter tops on top of solid wood cabinets. Wood plank design tile throughout the home. Nice patio to enjoy the outside Florida weather. High Efficiency 16 seer AC System. Some of the last few pictures are from a previous model to show some of the typical finishes. Colors and Fixtures may differ from pictures.
Unit Size
1,255 Ft²
Days on Market
139 days
Land Size
-
Price per sqft
$207
Property Type
House
Property Taxes
$11
HOA Dues
$62
Year Built
2021

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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: 6 months ago (Beaches MLS #R10740849)

Price History

Date / Event Date Event Price
Jan 11, 2022 Sold
Premium
Sold
Aug 25, 2021 Listed by NextHome Treasure Coast $259,900
Listed by NextHome Treasure Coast
Apr 23, 2021 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 387
  • 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: 1,657
  • Gross Building Area: 1,657
  • Building Area: 1,270
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,270
  • 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: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 00
  • Legal Description 1: PALM VILLAGE RANCH (PLAT BOOK 6 PAGES 34 & 35) LOT 79

Neighborhood

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

Geography

  • Parcel: 1-33-37-35-0030-00000-0790
  • Lot: 79
  • Meridian: SEC 33 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2039
  • Longitude: -80.8378

    Address

  • Full Address: 4400 Sw 9th Way
  • Address - House Number: 4400
  • Street Direction: SW
  • Address - Street Name: 9th
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C013
  • 4-Digit Zip Code: 7644
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,522
  • Tax Year: 2022
  • Tax Amount: $343,226
  • Initial Tax Delinquent Year: 2012
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 272,945
  • High Value: 392,173
  • Low Value: 153,716

    Market Valuation

  • Market Total Value: $248,597
  • Market Land Value: $23,000
  • Market Improvement Value: $225,597

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,597
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $225,597

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 11, 2022
  • Current Sale Recording Date: Jan 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 487
  • Previous Sale Recording Date: Apr 23, 2021
  • Previous Sale Contract Date: Apr 21, 2021
  • Previous Sale Amount: $15,000
  • 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:

$338,200

Sale Price/ft²

$223

Below Asking

0.03%

Average Days on Market

92

Average Home Size

1570 ft²

Average Home Age

25.8 years

Currently For Sale

206 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 220 Se Us Highway 441, Okeechobee, FL, 34974

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 480 ft²
220 Se Us Highway 441, Okeechobee, FL, 34974 Listing by Jimmy De La Luz Caballero

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Bruce Wallace PA
NextHome Treasure Coast
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10740849
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 4400 Southwest 9th Way built and last sold?
The property at 4400 Southwest 9th Way was built in 2021 and last sold on Jan 11, 2022 for $255,000.
How much is this home worth?
The estimated value of the home located at 4400 Southwest 9th Way is $0.
What are some comparable homes to 4400 Southwest 9th Way?
There are currently no comparable homes to 4400 Southwest 9th Way.
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