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Hendry 33440
655 County Road 720
$175,000
● House - Off Market

655 County Road 720

Clewiston, FL 33440
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,944 Ft²
$1,238
Est. Monthly
14.67%
Cap Rate

About This Property

This could be the property you have been dreaming of! 1.6+/- acres with zoning that allows for horses and livestock, with an almost 100-year-old two story farmhouse! The house is in need of repairs and updating but has the potential to be the property you have always dreamed of! Located just outside of the Clewiston city limits, with central water and easy access to shopping, medical, restaurants and schools! NOT IN A FLOOD ZONE, AND NO WETLANDS!
Unit Size
1,944 Ft²
Days on Market
63 days
Land Size
1.60 acres
Price per sqft
$103
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1928

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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: 2 years ago (SWFLMLS #225018724)

Price History

Date / Event Date Event Price
Apr 22, 2025 Sold
Premium
Sold
Mar 7, 2025 In contract -
In contract
Feb 18, 2025 Listed by Southern Heritage Real Estate $199,900
Listed by Southern Heritage Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 18
  • Roof Shape Type: 9
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 69,696
  • Total Building Area: 1,944
  • Gross Building Area: 2,160
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RESUBDIVISION OF SEC 7
  • Land Acres: 0000001600
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: BLK 3 A 1.6 AC

Neighborhood

  • School District Name: Hendry County School District
  • Census Tract: 000200

Zoning

  • Zoning: RR

Geography

  • Account Number: 27714
  • Parcel: 1-34-43-07-010-0000-0080
  • Block: 3
  • Lot: 8
  • Meridian: SEC 07 TWN 43 RNG 34
  • Municipality: SUGARLAND ZN B
  • Latitude: 26.7639
  • Longitude: -80.978

    Address

  • Full Address: 655 County Road 720
  • Address - House Number: 655
  • Address - Street Name: County Road 720
  • State: FL
  • City Name: Clewiston
  • Carrier Code: R003
  • 4-Digit Zip Code: 9009
  • Zip Code: 33440

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $298,110
  • Tax Rate Code Area: 71

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 193,142
  • High Value: 236,259
  • Low Value: 150,026

    Market Valuation

  • Market Total Value: $158,077
  • Market Land Value: $37,440
  • Market Improvement Value: $120,637

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,077
  • Assessed Land Value: $37,440
  • Assessed Improvements Value: $120,637
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 Hendry

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

103

Average Home Size

1882 ft²

Average Home Age

13.2 years

Currently For Sale

351 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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SWFLMLS

Listed by: Greg Bone, Southern Heritage Real Estate
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 225018724
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 655 County Rd 720 built and last sold?
The property at 655 County Rd 720 was built in 1928 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 655 County Rd 720 is $212,450.
What are some comparable homes to 655 County Rd 720?
There are currently no comparable homes to 655 County Rd 720.
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