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Okeechobee 34972
5990 NW 24th Street
$175,000
● House - Off Market

5990 NW 24th Street

Okeechobee, FL 34972
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,320 Ft²
$304,837
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

This 3 bedroom 2 bath home, nestled on 2 private acres, with plenty of room for horses. . The home is beautifully accented with wood framing around fireplace and skylights in the living room. . Brand new metal roof installed December 2016. This is a must see, and won't last long. All measurements are approximate and home sold as is.
Unit Size
2,320 Ft²
Days on Market
92 days
Land Size
2.00 acres
Price per sqft
$80
Property Type
House
Property Taxes
$93
HOA Dues
-
Year Built
1988

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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: 7 months ago (Beaches MLS #R10294378)

Price History

Date / Event Date Event Price
Mar 1, 2022 Sold
Premium
Sold
Apr 3, 2017 Sold
Premium
Sold
Dec 29, 2016 Listed by Keller Williams Realty of PSL $185,000
Listed by Keller Williams Realty of PSL
Mar 27, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,319
  • Gross Building Area: 2,319
  • Building Area: 2,319
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,319
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TROPICAL ACRES #117
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: BEING A PARCEL OF LAND IN TRACT 117, OF TROPICAL ACRES, AN UNRECORDED SUBDIVISION LYING IN SECTION 12, TOWNSHIP 37 SOUTH, RANGE 34 EAST IN OKEECHOBEE COUNTY, FLORIDA AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE EAST 1/4 CORNER OF

Neighborhood

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

Geography

  • Subdivision Tract Number: 117
  • Parcel: 1-12-37-34-0A00-00054-B000
  • Meridian: SEC 12 TWN 37S RNG 34E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2641
  • Longitude: -80.8909

    Address

  • Full Address: 5990 Nw 24th St
  • Address - House Number: 5990
  • 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: 2,396
  • Tax Year: 2022
  • Tax Amount: $242,874
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 208,282
  • High Value: 299,264
  • Low Value: 117,299

    Market Valuation

  • Market Total Value: $235,651
  • Market Land Value: $25,000
  • Market Improvement Value: $210,651

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,853

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2729
  • Previous Sale Recording Date: Apr 03, 2017
  • Previous Sale Contract Date: Mar 31, 2017
  • Previous Sale Amount: $175,000
  • 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:

$337,900

Sale Price/ft²

$219

Below Asking

0.03%

Average Days on Market

92

Average Home Size

1516 ft²

Average Home Age

25.7 years

Currently For Sale

186 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 3219 Nw 33rd Avenue, Okeechobee, FL, 34972

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,175 ft²
3219 Nw 33rd Avenue, Okeechobee, FL, 34972 Listing by Dayan D Jimenez
Unit for rent at 2875 Nw 32nd Avenue, Okeechobee, FL, 34972

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,204 ft²
2875 Nw 32nd Avenue, Okeechobee, FL, 34972 Listing by Dayan D Jimenez

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Diane Johnson
Keller Williams Realty of PSL
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10294378
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 5990 Northwest 24th Street built and last sold?
The property at 5990 Northwest 24th Street was built in 1988 and last sold on Feb 18, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 5990 Northwest 24th Street is $0.
What are some comparable homes to 5990 Northwest 24th Street?
There are currently no comparable homes to 5990 Northwest 24th Street.
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