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Okeechobee 34974
505 SE 6th AVENUE SE
$129,900
● Mobile Manufactured - Off Market

505 SE 6th AVENUE SE

OKEECHOBEE, FL 34974
bedrooms
2 Beds
bathrooms
2 Baths
square feet
840 Ft²
$144,848
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

TAYLOR CREEK MOBILE HOME IN CITY WITH LAKE ACCESS 2 BEDROOMS, 2BATHS, SPLIT ARRANGEMENT. NEW METAL ROOF, NEWLY PAINTED INTERIOR &  EXTERIOR, NEW SKIRTING AND NEW A/C UNIT. HOME IS FURNISHED HAS NICE PORCH & CARPORT. PROPERTY IS COVERED WITH TREES AND HAS DOCK & SEAWALL ON TAYLOR CREEK.
Unit Size
840 Ft²
Days on Market
92 days
Land Size
0.28 acres
Price per sqft
$155
Property Type
Mobile Manufactured
Property Taxes
$127
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 #OK220530)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by GILBERT REALTY GROUP $129,900
Listed by GILBERT REALTY GROUP
Oct 13, 2020 Sold
Premium
Sold
Jun 25, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 9
  • Roof Shape Type: 7
  • 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: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,458
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OKEECHOBEE 13 & 14
  • Land Acres: 0000000286
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: UNPLATTED LANDS OF THE CITY TRACT 13 AND THE SOUTH 10 FEET OF TRACT 14, UNPLATTED LAND OF THE CITY OF OKEECHOBEE, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING 834.30 FEET NORTH OF THE SOUTHWEST CORNER OF GOVERNMENT LOT 6, SECTION 22, TOWNS

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910500

Geography

  • Subdivision Tract Number: 13,14
  • Parcel: 2-22-37-35-0A00-00025-A000
  • Lot: 6
  • Meridian: SEC 22 TWN 37S RNG 35E
  • Municipality: CITY OF OKEECHOBEE
  • Latitude: 27.2387
  • Longitude: -80.8243

    Address

  • Full Address: 505 Se 6th Ave
  • Address - House Number: 505
  • Street Direction: SE
  • Address - Street Name: 6th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C010
  • 4-Digit Zip Code: 4483
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 979
  • Tax Year: 2022
  • Tax Amount: $216,206
  • Tax Rate Code Area: 050

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 80,403
  • High Value: 115,524
  • Low Value: 45,281

    Market Valuation

  • Market Total Value: $90,786
  • Market Land Value: $26,320
  • Market Improvement Value: $64,466

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,786
  • Assessed Land Value: $26,320
  • Assessed Improvements Value: $64,466

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021014884
  • Previous Sale Recording Date: Oct 13, 2020
  • Previous Sale Contract Date: Sep 30, 2020
  • Previous Sale Amount: $63,300
  • Previous Sale Document Type: 54
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, Okeechobee, FL, 34974

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
704 Sw 6th Street, Okeechobee, FL, 34974 Listing by Michael J Johnston
Unit for rent at 3633 Se 20th Terrace, OKEECHOBEE, FL, 34974

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,034 ft²
3633 Se 20th Terrace, OKEECHOBEE, FL, 34974 Listing by Winston Ward, II

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Marlene Curley
GILBERT REALTY GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220530
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 505 Southeast 6th Avenue built and last sold?
The property at 505 Southeast 6th Avenue was built in 1989 and last sold on Nov 19, 2021 for $129,900.
How much is this home worth?
The estimated value of the home located at 505 Southeast 6th Avenue is $0.
What are some comparable homes to 505 Southeast 6th Avenue?
There are currently no comparable homes to 505 Southeast 6th Avenue.
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