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Okeechobee 34974
6875 NE 4th Street
$20,000
● Land - Off Market

6875 NE 4th Street

Okeechobee, FL 34974
bedrooms
Studio
bathrooms
0 Bath
$34,106
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

This lot has many trees and is not cleared. This subdivision has single family homes and manufactured homes.
Unit Size
-
Days on Market
273 days
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$26
HOA Dues
-
Year Built
-

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: 9 months ago (Beaches MLS #R10578992)

Price History

Date / Event Date Event Price
Aug 25, 2020 Sold
Premium
Sold
Nov 15, 2019 Listed by Legacy Real Estate of Florida LLC $24,900
Listed by Legacy Real Estate of Florida LLC
Jul 9, 2004 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • 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: 43,560
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,980
  • 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: V
  • Subdivision: FOUR SEASONS
  • Land Acres: 0000001000
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: LOT 65E, FOUR SEASONS ESTATES, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE 1/4 SECTION CORNER ON WEST BOUNDARY LINE OF SECTION 17; RUN THENCE SOUTH 892408 EAST ALONG 1/4 SECTION LINE SOUTH 00507 WEST PARALLEL WITH WEST BOUNDARY LINE OF SO

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910402

Geography

  • Parcel: 1-17-37-36-0A00-00003-065E
  • Lot: 65E
  • Meridian: SEC 17 TWN 37S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2482
  • Longitude: -80.7552

    Address

  • Full Address: 6875 Ne 4th St
  • Address - House Number: 6875
  • Street Direction: NE
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R005
  • 4-Digit Zip Code: 8012
  • Zip Code: 34974

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,340
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $30,000
  • Market Land Value: $30,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $30,000

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020008122
  • Previous Sale Recording Date: Jul 09, 2004
  • Previous Sale Contract Date: Jul 06, 2004
  • Previous Sale Amount: $17,000
  • 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:

$335,000

Sale Price/ft²

$220

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1599 ft²

Average Home Age

26.1 years

Currently For Sale

232 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 1031 Se 39th Terrace, Okeechobee, FL, 34974

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,788 ft²
1031 Se 39th Terrace, Okeechobee, FL, 34974 Listing by Martha Vasek

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Lasha Boree
Legacy Real Estate of Florida LLC
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10578992
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 6875 Northeast 4th Street built and last sold?
The property at 6875 Northeast 4th Street was built in and last sold on Jul 31, 2020 for $20,000.
How much is this home worth?
The estimated value of the home located at 6875 Northeast 4th Street is $0.
What are some comparable homes to 6875 Northeast 4th Street?
There are currently no comparable homes to 6875 Northeast 4th Street.
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