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Okeechobee 34974
4435 & 4321 SW 15th WAY
$57,500
● Land - Off Market

4435 & 4321 SW 15th WAY

OKEECHOBEE, FL 34974
bedrooms
Studio
bathrooms
0 Bath
$59,777
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

~Palm Village Ranch~ 55+ Community. 2 Lots for sale. Build your dream house! Only 2 lots left! Clubhouse & Community pool. City water & sewer.
Unit Size
-
Days on Market
39 days
Land Size
0.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$25
HOA Dues
-
Year Built
1989

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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: 3 years ago (Stellar MLS #OK223194)

Price History

Date / Event Date Event Price
Oct 17, 2023 Sold
Premium
Sold
Sep 8, 2023 Listed by LAKE O REAL ESTATE, LLC $60,000
Listed by LAKE O REAL ESTATE, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 9
  • Roof Shape Type: 6
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 21
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,626
  • Total Building Area: 672
  • Gross Building Area: 784
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 672
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALM VILLAGE RANCH
  • Land Acres: 0000000221
  • 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 3

Neighborhood

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

Geography

  • Parcel: 1-33-37-35-0030-00000-0030
  • Lot: 3
  • Meridian: SEC 33 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2032
  • Longitude: -80.8444

    Address

  • Full Address: 4435 Sw 15th Way
  • Address - House Number: 4435
  • Street Direction: SW
  • Address - Street Name: 15th
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C013
  • 4-Digit Zip Code: 7608
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 722
  • Tax Year: 2022
  • Tax Amount: $120,883
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 44,122
  • High Value: 63,395
  • Low Value: 24,848

    Market Valuation

  • Market Total Value: $68,479
  • Market Land Value: $26,450
  • Market Improvement Value: $42,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,479
  • Assessed Land Value: $26,450
  • Assessed Improvements Value: $42,029

    Sales

  • Current Sale Contract Date: Feb 27, 2004
  • Current Sale Recording Date: May 20, 2004
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004009440
  • Previous Sale Recording Date: May 20, 2004
  • Previous Sale Contract Date: Feb 27, 2004
  • 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:

$337,900

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

80

Average Home Size

1558 ft²

Average Home Age

27.2 years

Currently For Sale

236 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

Rentals Near You

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STELLAR

Listed by: Jody Carter
LAKE O REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK223194
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 4435 Southwest 15th Way built and last sold?
The property at 4435 Southwest 15th Way was built in 1989 and last sold on Feb 27, 2004 for $0.
How much is this home worth?
The estimated value of the home located at 4435 Southwest 15th Way is $60,600.
What are some comparable homes to 4435 Southwest 15th Way?
There are currently no comparable homes to 4435 Southwest 15th Way.
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