When was property at 6053 Southeast 116th Place built and last sold?

The property at 6053 Southeast 116th Place was built in and last sold on Feb 13, 2024 for $550,000.

How much is this home worth?

The estimated value of the home located at 6053 Southeast 116th Place is $1,616,000.

What are some comparable homes to 6053 Southeast 116th Place?

There are currently no comparable homes to 6053 Southeast 116th Place.

Okeechobee

34974

6053 SE 116th Place

Map

$1,600,000

● Land - For Sale

6053 SE 116th Place

Okeechobee, FL 34974

Studio

0 Bath

$7,872

Est. Monthly

About This Property

40.9 fully usable acres in a private and highly sought-after SE Okeechobee location with access from both SR 710 and SE 128th Avenue. Agriculturally zoned and improved, offering a rare opportunity to create a Private Estate, Equestrian Retreat, Working Ranch, or Legacy Land Investment. Improvements include a 6" well with 5HP submersible pump, 315 gallon bladder tank, and 400 AMP electrical service. A 36 x 24 three-sided equipment building is in place. The property features a professionally designed track by former pro rider Robby Marshall of Ram Trax Development, easily adaptable for a variety of uses. Approximately 12± acres remain in natural, cattle pasture. Recent survey available. No HOA. Two separate entrances and an existing annual cattle lease in place.

Unit Size

Days on Market

515 days

Land Size

40.90 acres

Price per sqft

Property Type

Land

Property Taxes

$15

HOA Dues

Year Built

Listed By

Chrisoula Troukis

[email protected]

RE/MAX of Stuart - Palm City

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Last updated: 7 months ago (MCRTC #M20050388)

Price History

Date / Event	Date	Event
May 2, 2025	Listed by RE/MAX of Stuart - Palm City	$1,600,000
Listed by RE/MAX of Stuart - Palm City
Feb 14, 2024	Sold	Premium
Sold
Feb 4, 2024	In contract	-
In contract
Jan 31, 2024	Listed by RE/MAX of Stuart - Palm City	$600,000
Listed by RE/MAX of Stuart - Palm City
Sep 11, 2023	Sold	Premium
Sold
Jul 14, 2023	Sold	Premium
Sold
Jun 10, 2022	Listed by TUCKER GROUP LLC	$585,000
Listed by TUCKER GROUP LLC

	+/- 40 acres located off HWY 710. Property contain lush pastures and fertile soils. Property is zoned (AG) Agriculture, by Okeechobee county which allows for for one residential dwelling unit per 10 acres. Secluded and private, perfect place for your future Exclusive ranch retreat. Only minutes from I95 and the turnpike. Call for details.
Jun 8, 2005	Sold	Premium
Sold
Dec 18, 2002	Sold	Premium
Sold

Property Highlights

Exterior Details

Lot Features: Pasture

Lot Size Area: 40.9

Lot Size Units: Acres

Lot Size Acres: 40.9

Lot Size Square Feet: 1781604

Water Source: Well

Financial Details

Tax Annual Amount: $179

Location Details

HOA/Condo/Coop Fee Includes: None

Building Info

Overview

General

Building Count: 1

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: 1,781,604

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: A
Land Acres: 0000040900
Standard Land Use Code: 7012
County Land Use Code: 006180
State Land Use Code: 01
Legal Description 1: PARCEL 4: BEING A PARCEL OF LAND LYING IN SECTION 2, TOWNSHIP 38 SOUTH, RANGE 36 EAST, OKEECHOBEE COUNTY, FLORIDA, AND ALSO LYING IN AND COMPRISING A PART OF THAT CERTAIN PARCEL OF LAND AS DESCRIBED IN OFFICIAL RECORDS BOOK 416, PAGE 174, OF THE PUBL

Neighborhood

School District Name: Okeechobee County School District

Census Tract: 910500

Geography

Parcel: 1-02-38-36-0A00-00002-0040

Meridian: SEC 02 TWN 38S RNG 36E
Municipality: SOUTH FLORIDA
Latitude: 27.1906
Longitude: -80.7079

Address

Full Address: 6053 Se 116th Pl

Address - House Number: 6053
Street Direction: SE
Address - Street Name: 116th
Address - Suffix Type: Pl
State: FL
City Name: Okeechobee
Zip Code: 34974

Valuation

Tax

Tax Year: 2022

Tax Amount: $469,838
Tax Rate Code Area: 030

Appraisal Valuation

Standard Deviation: 0.405

Valuation Date: Dec 13, 2023
Confidence Score: 18
Final Value: 584,905
High Value: 821,794
Low Value: 348,015

Market Valuation

Market Total Value: $728,376

Market Land Value: $727,045
Market Improvement Value: $1,331

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $11,470

Sales

Current Sale Contract Date: Feb 13, 2024

Current Sale Recording Date: Feb 14, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 1670
Previous Sale Recording Date: Jul 14, 2023
Previous Sale Contract Date: Jul 14, 2023
Previous Sale Amount: $125,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Okeechobee

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$220

Below Asking

0.03%

Average Days on Market

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

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Listed by: Chrisoula Troukis, RE/MAX of Stuart - Palm City
Last Updated: 7 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20050388

The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2026 Realtor® Association of Martin County, Inc. MLS. All rights reserved.