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Okeechobee 34972
Undisclosed Address
$99,000
● Land - Off Market

Undisclosed Address

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$567
Est. Monthly

About This Property

Corner 1 acre property, ready to build your new home. property has a deck with a beautiful pond, electric is already on the property. Partially fenced offering 3 entrances. Adjacent 1 acre parcel is also available for sale, potentially making this a 2 acre property.
Unit Size
-
Days on Market
220 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$31
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: 9 months ago (Beaches MLS #R11000682)

Price History

Date / Event Date Event Price
Feb 6, 2025 Sold
Premium
Sold
Jul 1, 2024 Listed by Legacy Real Estate of Florida LLC $109,000
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: 43,560
  • Lot Size Depth Feet: 2,087
  • Lot Size Frontage Feet: 2,087
  • 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
  • Land Acres: 0000001000
  • Standard Land Use Code: 8001
  • County Land Use Code: 000000
  • Legal Description 1: DIXIE RANCH ACRES (PLAT BOOK 3 PAGE 35) LOT 24 BLOCK 2

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910101

Geography

  • Parcel: 1-23-36-34-0020-00020-0240
  • Block: 2
  • Lot: 24
  • Meridian: SEC 23 TWN 36S RNG 34E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.323
  • Longitude: -80.9103

    Address

  • Full Address: 7930 Nw 87th Ct
  • Address - House Number: 7930
  • Street Direction: NW
  • Address - Street Name: 87th
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,939
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $24,000
  • Market Land Value: $24,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $24,000
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

$219

Below Asking

0.03%

Average Days on Market

91

Average Home Size

1520 ft²

Average Home Age

25.4 years

Currently For Sale

184 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

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Mary Franklin
Legacy Real Estate of Florida LLC
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R11000682
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 7930 Northwest 87th Court built and last sold?
The property at 7930 Northwest 87th Court was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7930 Northwest 87th Court is $0.
What are some comparable homes to 7930 Northwest 87th Court?
There are currently no comparable homes to 7930 Northwest 87th Court.
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