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Okeechobee 34972
5972 NW 24th Street
$198,000
● House - Off Market

5972 NW 24th Street

Okeechobee, FL 34972
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,424 Ft²
$332,465
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Newly renovated CBS home, nestled amongst 5.87 acres.  Beautiful kitchen with granite counter tops. Like new stainless steel kitchen appliances (stainless steel refrigerator, that is in home now, will be replaced with a new single door stainless steel refrigerator), new water heater and water system. New fencing, 3 paddocks for your horses. Huge pond full of Tilapia.  Shed has electric and wired 220 for RV hookup. Existing pad for barn. Has new above ground pool, but this does not convey with the sell.  Sold AS IS. Must see this property to appreciate.
Unit Size
1,424 Ft²
Days on Market
86 days
Land Size
5.87 acres
Price per sqft
$139
Property Type
House
Property Taxes
$143
HOA Dues
-
Year Built
1973

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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: 5 months ago (Beaches MLS #R10264006)

Price History

Date / Event Date Event Price
Jan 30, 2017 Sold
Premium
Sold
Sep 1, 2016 Listed by Keller Williams Realty of PSL $198,000
Listed by Keller Williams Realty of PSL
Aug 21, 2015 Sold
Premium
Sold
Jul 26, 2015 Listed by Keller Williams Realty of PSL $189,000
Listed by Keller Williams Realty of PSL

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 192
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 255,697
  • Total Building Area: 1,424
  • Gross Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,424
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AN UNRECORDED SUBDIVISION
  • Land Acres: 0000005870
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: PORTION OF TRACT 117, TROPICAL ACRES, AN UNRECORDED SUBDIVISION LYING IN SECTION 7, TOWNSHIP 37 SOUTH, RANGE 35 EAST AND SECTIONS 11, 12 AND 13, TOWNSHIP 37 SOUTH, RANGE 34 EAST, OKEECHOBEE COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOW

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910202

Geography

  • Subdivision Tract Number: 117
  • Parcel: 1-12-37-34-0A00-00054-0000
  • Meridian: SEC 12 TWN 37S RNG 34E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.265
  • Longitude: -80.8906

    Address

  • Full Address: 5972 Nw 24th St
  • Address - House Number: 5972
  • Street Direction: NW
  • Address - Street Name: 24th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R009
  • 4-Digit Zip Code: 8848
  • Zip Code: 34972

Valuation

    Tax

  • Total Area: 1,500
  • Tax Year: 2022
  • Tax Amount: $185,355
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 62
  • Final Value: 351,305
  • High Value: 444,737
  • Low Value: 257,873

    Market Valuation

  • Market Total Value: $223,280
  • Market Land Value: $59,830
  • Market Improvement Value: $163,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,690

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 27, 2017
  • Current Sale Recording Date: Jan 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017000903
  • Previous Sale Recording Date: Aug 21, 2015
  • Previous Sale Contract Date: Aug 14, 2015
  • Previous Sale Amount: $185,000
  • 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:

$336,450

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1585 ft²

Average Home Age

26.2 years

Currently For Sale

234 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 4649 Nw 30th Street, Okeechobee, FL, 34972

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 921 ft²
4649 Nw 30th Street, Okeechobee, FL, 34972 Listing by Jimmy De La Luz Caballero
Unit for rent at 3370 Nw 40th Drive, Okeechobee, FL, 34972

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
3370 Nw 40th Drive, Okeechobee, FL, 34972 Listing by Danay Muniz PA

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Diane Johnson
Keller Williams Realty of PSL
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10264006
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 5972 Northwest 24th Street built and last sold?
The property at 5972 Northwest 24th Street was built in 1973 and last sold on Jan 27, 2017 for $198,000.
How much is this home worth?
The estimated value of the home located at 5972 Northwest 24th Street is $0.
What are some comparable homes to 5972 Northwest 24th Street?
There are currently no comparable homes to 5972 Northwest 24th Street.
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