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Okeechobee 34974
701 SE 25th STREET
$270,000
● House - Off Market

701 SE 25th STREET

OKEECHOBEE, FL 34974
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,699 Ft²
$292,961
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

PALM CREEK ESTATES - A nice community of beautiful homes well-maintained.  It has a pool and a clubhouse.  3/2 CBS home, 2018 New Roof, 2016 new A/C, 2018 new refrigerator, 2021 new sinks and faucets.  Good Aluminum seawall.  The house has a safe room, hurricane shutters and was built to codes from Hurricane Andrew.  The house is pristine and in good condition and comes furnished.  It has a nice Florida Room to sit and enjoy the water and the sunsets.  This is a nice community to live in.
Unit Size
1,699 Ft²
Days on Market
247 days
Land Size
0.11 acres
Price per sqft
$170
Property Type
House
Property Taxes
$127
HOA Dues
$150
Year Built
2004

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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: 3 years ago (Stellar MLS #OK220479)

Price History

Date / Event Date Event Price
Aug 22, 2023 Sold
Premium
Sold
Apr 21, 2022 Sold
Premium
Sold
Aug 4, 2021 Listed by ANDERSON REALTY $289,000
Listed by ANDERSON REALTY
Oct 21, 2003 Sold
Premium
Sold

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: 15
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,965
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,183
  • Gross Building Area: 2,183
  • Building Area: 1,699
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,699
  • 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 36

Neighborhood

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

Geography

  • Parcel: 1-27-37-35-0040-00000-0360
  • Lot: 36
  • Meridian: SEC 27 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2214
  • Longitude: -80.8226

    Address

  • Full Address: 701 Se 25th St
  • Legal Unit: 3
  • Address - House Number: 701
  • Street Direction: SE
  • Address - Street Name: 25th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C006
  • 4-Digit Zip Code: 3212
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,979
  • Tax Year: 2022
  • Tax Amount: $160,736
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 86
  • Final Value: 266,477
  • High Value: 299,918
  • Low Value: 233,035

    Market Valuation

  • Market Total Value: $250,854
  • Market Land Value: $21,000
  • Market Improvement Value: $229,854

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,854
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $229,854

    Sales

  • Current Sale Contract Date: Aug 21, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9904
  • Previous Sale Recording Date: Apr 21, 2022
  • Previous Sale Contract Date: Apr 08, 2022
  • Previous Sale Amount: $270,000
  • 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

84

Average Home Size

1589 ft²

Average Home Age

26.2 years

Currently For Sale

233 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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STELLAR

Listed by: Vicki Anderson
ANDERSON REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK220479
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 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 701 Southeast 25th Street built and last sold?
The property at 701 Southeast 25th Street was built in 2004 and last sold on Aug 21, 2023 for $295,000.
How much is this home worth?
The estimated value of the home located at 701 Southeast 25th Street is $0.
What are some comparable homes to 701 Southeast 25th Street?
There are currently no comparable homes to 701 Southeast 25th Street.
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