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Okeechobee 34974
5819 NE 4th Lane
$50,000
● Land - Off Market

5819 NE 4th Lane

Okeechobee, FL 34974
bedrooms
Studio
bathrooms
0 Bath
$317
Est. Monthly

About This Property

FOUR SEASONS. Great to build home for commuters to coast as close to Highway 70 East. Plenty of room for house and barn or workshop.Lot has many nice shade trees, but has not been cleared Electric is available
Unit Size
-
Days on Market
39 days
Land Size
0.70 acres
Price per sqft
-
Property Type
Land
Property Taxes
$46
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: 9 months ago (Beaches MLS #F10519724)

Price History

Date / Event Date Event Price
Sep 15, 2025 Sold
Premium
Sold
Aug 24, 2025 In contract -
In contract
Aug 13, 2025 Price Decreased $55,000
↓ $5K (8.3%)
Price Decreased
Aug 7, 2025 Listed by McFarland Real Estate Co $60,000
Listed by McFarland Real Estate Co
Apr 13, 2022 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: 30,361
  • Lot Size Depth Feet: 2,950
  • Lot Size Frontage Feet: 1,030
  • 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: V
  • Subdivision: TALL PINES ESTATES
  • Land Acres: 0000000697
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: TALL PINES ESTATES (PLAT BOOK 6 PAGE 41) LOT 6

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910402

Geography

  • Parcel: 1-18-37-36-0010-00000-0060
  • Lot: 6
  • Meridian: SEC 18 TWN 37S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2492
  • Longitude: -80.7656

    Address

  • Full Address: 5819 Ne 4th Ln
  • Address - House Number: 5819
  • Street Direction: NE
  • Address - Street Name: 4th
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R014
  • 4-Digit Zip Code: 7998
  • Zip Code: 34974

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,247
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $24,000
  • Market Land Value: $24,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $24,000

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5100
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

$220

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1591 ft²

Average Home Age

26.2 years

Currently For Sale

235 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 1031 Se 39th Terrace, Okeechobee, FL, 34974

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,788 ft²
1031 Se 39th Terrace, Okeechobee, FL, 34974 Listing by Martha Vasek

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Baron Karl Taylor
McFarland Real Estate Co
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# F10519724
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 5819 Northeast 4th Lane built and last sold?
The property at 5819 Northeast 4th Lane was built in and last sold on Apr 6, 2022 for $18,000.
How much is this home worth?
The estimated value of the home located at 5819 Northeast 4th Lane is $0.
What are some comparable homes to 5819 Northeast 4th Lane?
There are currently no comparable homes to 5819 Northeast 4th Lane.
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