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Okeechobee 34972
7640 NW 83rd Court
$31,000
● Land - Off Market

7640 NW 83rd Court

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$39,851
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

This Dixie Ranch Estates lot is a great location for new home. There are some nice trees on the property.

No HOA
Unit Size
-
Days on Market
34 days
Land Size
0.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$23
HOA Dues
-
Year Built
-

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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: 10 months ago (Beaches MLS #R10916368)

Price History

Date / Event Date Event Price
Oct 4, 2023 Sold
Premium
Sold
Sep 4, 2023 No longer available -
No longer available
Aug 31, 2023 Sold
Premium
Sold
Aug 31, 2023 Listed by Legacy Real Estate of Florida LLC $40,000
Listed by Legacy Real Estate of Florida LLC
Aug 17, 2023 Listed by Legacy Real Estate of Florida LLC $17,000
Listed by Legacy Real Estate of Florida LLC

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: 15,594
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,250
  • 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: DIXIE RANCH ESTATES
  • Land Acres: 0000000358
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: DIXIE RANCH ESTATES (PLAT BOOK 3 PAGE 33) LOT 9 BLOCK 4

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910201

Geography

  • Parcel: 1-23-36-34-0010-00040-0090
  • Block: 4
  • Lot: 9
  • Meridian: SEC 23 TWN 36S RNG 34E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.3198
  • Longitude: -80.9076

    Address

  • Full Address: 7640 Nw 83rd Ct
  • Address - House Number: 7640
  • Street Direction: NW
  • Address - Street Name: 83rd
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R009
  • 4-Digit Zip Code: 8908
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,140
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $17,000
  • Market Land Value: $17,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $17,000

    Sales

  • Current Sale Contract Date: Oct 03, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11539
  • Previous Sale Recording Date: Aug 31, 2023
  • Previous Sale Contract Date: Aug 26, 2023
  • Previous Sale Amount: $16,000
  • 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:

$338,200

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

93

Average Home Size

1496 ft²

Average Home Age

25.3 years

Currently For Sale

187 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

Rentals Near You

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BEACHES

Listed by: Lasha Boree
Legacy Real Estate of Florida LLC
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10916368
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 7640 Northwest 83rd Court built and last sold?
The property at 7640 Northwest 83rd Court was built in and last sold on Oct 3, 2023 for $31,000.
How much is this home worth?
The estimated value of the home located at 7640 Northwest 83rd Court is $0.
What are some comparable homes to 7640 Northwest 83rd Court?
There are currently no comparable homes to 7640 Northwest 83rd Court.
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