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Okeechobee 34972
5573 NW 24th Street
Photo of 5573 NW 24th Street
Sold on Sep 15, 2026

3

Map

Photo of 5573 NW 24th Street
Photo of 5573 NW 24th Street
$270,000
● Land - Off Market

5573 NW 24th Street

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$1,567
Est. Monthly

About This Property

9.43 acres of vacant land in a rural setting close to town and schools. Great location for your custom home or small farming operation. Located on paved county road. Horses & cows welcome!
Unit Size
-
Days on Market
106 days
Land Size
9.43 acres
Price per sqft
-
Property Type
Land
Property Taxes
$148
HOA Dues
-
Year Built
-

Payment Calculator

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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: 17 days ago (Beaches MLS #B26035320)

Price History

Date / Event Date Event Price
Sep 15, 2026 Sold
Premium
Sold
Jul 15, 2026 In contract -
In contract
Jun 1, 2026 Listed by Mixon Real Estate Group $289,000
Listed by Mixon Real Estate Group
Feb 22, 2021 Sold
Premium
Sold
May 1, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 410,770
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: THENCE RUN
  • Land Acres: 0000009430
  • Standard Land Use Code: 0010
  • County Land Use Code: 009900
  • State Land Use Code: 61
  • Legal Description 1: COMMENCING AT THE NORTHEAST CORNER OF SECTION 12, TOWNSHIP 37 SOUTH, RANGE 34 EAST, RUN THENCE SOUTH 008 WEST, ALONG THE SECTION LINE, A DISTANCE OF 2630.60 FEET TO THE QUARTER SECTION CORNER; THENCE NORTH 8940 WEST, PARALLEL TO THE NORTH BOUNDARY LI

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910101

Geography

  • Subdivision Tract Number: 99
  • Parcel: 1-12-37-34-0A00-00041-0000
  • Meridian: SEC 12 TWN 37S RNG 34E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2673
  • Longitude: -80.8866

    Address

  • Full Address: 5573 Nw 24th St
  • Address - House Number: 5573
  • Street Direction: NW
  • Address - Street Name: 24th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $114,943
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $73,410
  • Market Land Value: $73,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,410
  • Assessed Land Value: $73,410

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021001996
  • Previous Sale Recording Date: May 01, 2016
  • Previous Sale Contract Date: May 01, 2016
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
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

82

Average Home Size

1582 ft²

Average Home Age

26.2 years

Currently For Sale

233 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 3751 Nw 36th Street, Okeechobee, FL, 34972

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,250 ft²
3751 Nw 36th Street, Okeechobee, FL, 34972 Listing by Lairen DeLaLuz Caballero
Unit for rent at 3426 Nw 38th Avenue, Okeechobee, FL, 34972

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,620 ft²
3426 Nw 38th Avenue #3426, Okeechobee, FL, 34972 Listing by Luz M Sandoval

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Patrick Malone
Mixon Real Estate Group
Last Updated: 17 days ago
Data Source: Beaches MLS, MLS# B26035320
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 5573 Northwest 24th Street built and last sold?
The property at 5573 Northwest 24th Street was built in and last sold on Feb 16, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 5573 Northwest 24th Street is $291,890.
What are some comparable homes to 5573 Northwest 24th Street?
There are currently no comparable homes to 5573 Northwest 24th Street.
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