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Okeechobee 34974
685 SE 25th Street
$135,000
● House - Off Market

685 SE 25th Street

Okeechobee, FL 34974
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,710 Ft²
$300,256
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

Waterfront home plenty of room for your boat. Beautifully clean home with many extras. This home has pocket doors, ceiling fans, tinted windows, blinds, tile through out, accordian shutters,well with irrigation, 2 car garage. Most of the furniture is included as well as all built in furniture. The Palm Creek Estates community is gated and lovely with beautiful views a club house and pool. Agent related to seller. Call showing office for instructions.
Unit Size
1,710 Ft²
Days on Market
172 days
Land Size
-
Price per sqft
$84
Property Type
House
Property Taxes
$155
HOA Dues
$120
Year Built
2004

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: 2 years ago (MCRTC #M365444)

Price History

Date / Event Date Event Price
Nov 22, 2022 Sold
Premium
Sold
Mar 30, 2020 Sold
Premium
Sold
Mar 24, 2015 Sold
Premium
Sold
Feb 19, 2013 Sold
Premium
Sold
Aug 31, 2012 Listed by Monarch Realty Group LLC $143,000
Listed by Monarch Realty Group LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,965
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,172
  • Gross Building Area: 2,172
  • Building Area: 1,710
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,710
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALMCREEK
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: PALMCREEK ESTATES UNIT NO. 3 (PLAT BOOK 6 PAGES 90 & 91) LOT 34

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910500

Geography

  • Parcel: 1-27-37-35-0040-00000-0340
  • Lot: 34
  • Meridian: SEC 27 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2214
  • Longitude: -80.8229

    Address

  • Full Address: 685 Se 25th St
  • Legal Unit: 3
  • Address - House Number: 685
  • Street Direction: SE
  • Address - Street Name: 25th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C006
  • 4-Digit Zip Code: 3211
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 2,036
  • Tax Year: 2022
  • Tax Amount: $357,815
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 301,233
  • High Value: 432,818
  • Low Value: 169,647

    Market Valuation

  • Market Total Value: $270,384
  • Market Land Value: $21,000
  • Market Improvement Value: $249,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,133

    Sales

  • Current Sale Contract Date: Nov 22, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15256
  • Previous Sale Recording Date: Mar 30, 2020
  • Previous Sale Contract Date: Mar 13, 2020
  • Previous Sale Amount: $235,000
  • 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

$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 704 Sw 6th Street, Okeechobee, FL, 34974

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
704 Sw 6th Street, Okeechobee, FL, 34974 Listing by Michael J Johnston
Unit for rent at 3633 Se 20th Terrace, OKEECHOBEE, FL, 34974

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,034 ft²
3633 Se 20th Terrace, OKEECHOBEE, FL, 34974 Listing by Winston Ward, II

Rentals Near You

Click here to view more rentals in the neighborhood.
MCRTC

Listed by: Jeanne Price, Monarch Realty Group LLC
Last Updated: 2 years ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M365444
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.

Frequently Asked Questions

When was property at 685 Southeast 25th Street built and last sold?
The property at 685 Southeast 25th Street was built in 2004 and last sold on Nov 22, 2022 for $279,000.
How much is this home worth?
The estimated value of the home located at 685 Southeast 25th Street is $0.
What are some comparable homes to 685 Southeast 25th Street?
There are currently no comparable homes to 685 Southeast 25th Street.
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