7
Map
$42,500
↓ $3K (5.6%)
●
Condo -
For Sale
7950 Fl-78
Okeechobee, FL 34974
Studio
0 Bath
$735
Est. Monthly
$460
HOA / Fees
About This Property
Big O RV Resort- Vacant Lot-Nice trees on back of property for
privacy. Active lifestyles in a gated 55+ community. Heated
pool, Huge clubhouse and recreational hall for your enjoyment-
billiards, card games and much more. Boat ramp in the park, on the
rim canal with access to Lake Okeechobee. w/ fish cleaning station.
Shopping & restaurants nearby. Brand new Brighton Bay Casino 25
minutes away will not disappoint!
Unit Size
-
Days on Market
165 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Condo
Property Taxes
$66
HOA Dues
$460
Year Built
-
Listed By
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
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: 3 months ago (Beaches MLS #B26028761)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2026 | Price Decreased |
$42,500
↓ $3K
(5.6%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$45,000
↓ $5K
(9.1%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by Lake O Real Estate, LLC | $49,500 | |
| Listed by Lake O Real Estate, LLC | |||
| Feb 25, 2008 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Garage
With View
Exterior Details
Security Features: Gated Community
Waterfront Features: Lake Front, Pond
Other Structures: Outbuilding
Pool Features: Association, Heated
Pool is Private
Lot Features: LessThanQuarterAcre
Lot Size Area: 1916.64
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1916.64
Tax Lot: 7
Water Source: Public
Financial Details
Tax Annual Amount: $790
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Sewer, Trash, Water, CommonAreas, Pools, RecreationFacilities
HOA/Condo/Coop Amenities: Clubhouse, Laundry, Pool, Parking, Recreation Facilities, Shuffleboard Court, Storage
HOA Fee: $460
HOA Fee Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/06/2026
|
1 Bed
|
1 Bath
|
509 ft²
|
$144,000
1 Bed
1 Bath
509 ft²
|
$140,000
-2.78%
08/14/2026
|
Brandi Joiner
Okeechobee Homes and Land
| |
|
01/22/2026
|
1 Bed
|
1 Bath
|
821 ft²
|
$245,800
1 Bed
1 Bath
821 ft²
|
$225,000
-8.46%
03/30/2026
|
Renee Box
All Properties Realty Group
| |
|
09/20/2025
| |
1 Bed
|
1 Bath
|
496 ft²
|
$159,000
1 Bed
1 Bath
496 ft²
|
$125,000
-21.38%
03/30/2026
|
JoAnne Carter
Lake O Real Estate, LLC
|
|
06/17/2025
|
2 Bed
|
1 Bath
|
345 ft²
|
$99,000
2 Bed
1 Bath
345 ft²
|
$55,000
-44.44%
02/25/2026
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
05/21/2025
|
Loft
|
-
|
-
|
$185,500
Loft
-
|
$170,000
-8.36%
07/18/2025
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
03/01/2025
|
Loft
|
-
|
-
|
$59,500
Loft
-
|
$47,000
-21.01%
07/28/2025
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
02/04/2025
|
1 Bed
|
1 Bath
|
500 ft²
|
$125,000
1 Bed
1 Bath
500 ft²
|
$100,000
-20.00%
06/06/2025
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
02/19/2024
|
2 Bed
|
2 Bath
|
806 ft²
|
$105,000
2 Bed
2 Bath
806 ft²
|
$100,000
-4.76%
03/06/2024
|
Mary Franklin
Legacy Real Estate of Florida LLC
| |
|
04/07/2024
|
1 Bed
|
1 Bath
|
595 ft²
|
$299,000
1 Bed
1 Bath
595 ft²
|
$225,000
-24.75%
02/05/2025
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
04/03/2024
|
1 Bed
|
1 Bath
|
480 ft²
|
$95,000
1 Bed
1 Bath
480 ft²
|
$66,500
-30.00%
02/21/2025
|
Mary Franklin
Legacy Real Estate of Florida LLC
| |
|
02/19/2024
|
2 Bed
|
1 Bath
|
345 ft²
|
$89,000
2 Bed
1 Bath
345 ft²
|
$65,000
-26.97%
04/04/2024
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
11/06/2023
|
1 Bed
|
1 Bath
|
399 ft²
|
$75,000
1 Bed
1 Bath
399 ft²
|
$67,000
-10.67%
12/19/2023
|
Mary Franklin
Legacy Real Estate of Florida LLC
| |
|
10/23/2023
|
1 Bed
|
1 Bath
|
357 ft²
|
$95,000
1 Bed
1 Bath
357 ft²
|
$80,000
-15.79%
01/26/2024
|
Mary Franklin
Legacy Real Estate of Florida LLC
| |
|
07/21/2023
|
1 Bed
|
1 Bath
|
509 ft²
|
$154,900
1 Bed
1 Bath
509 ft²
|
$154,900
09/18/2023
|
Vicki Anderson
Anderson Realty
| |
|
03/14/2023
| |
1 Bed
|
1 Bath
|
297 ft²
|
$69,900
1 Bed
1 Bath
297 ft²
|
$69,900
07/18/2023
|
Jody Carter
LAKE O REAL ESTATE, LLC
|
|
03/07/2023
|
1 Bed
|
1 Bath
|
639 ft²
|
$59,000
1 Bed
1 Bath
639 ft²
|
$38,000
-35.59%
09/07/2023
|
Mary Franklin
Legacy Real Estate of Florida LLC
| |
|
11/17/2022
|
1 Bed
|
1 Bath
|
500 ft²
|
$79,000
1 Bed
1 Bath
500 ft²
|
-
-
|
Kimberly Riddle-Hale
Professional Real Estate Advisors, LLC
| |
|
10/03/2022
|
2 Bed
|
1 Bath
|
945 ft²
|
$78,500
2 Bed
1 Bath
945 ft²
|
$77,000
-1.91%
10/05/2022
|
Lori Fairchild
EXP Realty LLC
| |
|
03/23/2022
|
1 Bed
|
1 Bath
|
390 ft²
|
$58,900
1 Bed
1 Bath
390 ft²
|
$55,000
-6.62%
04/20/2022
|
Jared Mobley
Legacy Real Estate of Florida LLC
| |
|
02/23/2022
| |
Loft
|
-
|
-
|
$32,000
Loft
-
|
$29,300
-8.44%
03/31/2023
|
Lasha Boree
Legacy Real Estate of Florida LLC
|
|
08/12/2021
|
Loft
|
-
|
-
|
$35,000
Loft
-
|
$35,000
12/14/2021
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
05/28/2021
|
Loft
|
2 Bath
|
380 ft²
|
$65,000
Loft
2 Bath
380 ft²
|
$58,000
-10.77%
12/17/2021
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
03/24/2021
|
Loft
|
1 Bath
|
491 ft²
|
$129,000
Loft
1 Bath
491 ft²
|
$118,000
-8.53%
07/20/2021
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
02/15/2021
|
Loft
|
1 Bath
|
821 ft²
|
$179,000
Loft
1 Bath
821 ft²
|
$165,000
-7.82%
09/08/2021
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
12/03/2020
|
Loft
|
1 Bath
|
256 ft²
|
$75,000
Loft
1 Bath
256 ft²
|
$72,000
-4.00%
01/19/2022
|
Jody Carter
LAKE O REAL ESTATE, LLC
| |
|
11/14/2020
| |
1 Bed
|
1 Bath
|
2379 ft²
|
$89,000
1 Bed
1 Bath
2379 ft²
|
-
-
|
Vicki Anderson
Anderson Realty
|
|
07/25/2020
|
Loft
|
1 Bath
|
408 ft²
|
$99,500
Loft
1 Bath
408 ft²
|
-
-
|
-
| |
|
01/13/2020
|
1 Bed
|
1 Bath
|
908 ft²
|
$123,000
1 Bed
1 Bath
908 ft²
|
$115,000
-6.50%
04/28/2021
|
Lasha Boree
Legacy Real Estate of Florida LLC
| |
|
03/24/2013
| |
Loft
|
-
|
-
|
$17,500
Loft
-
|
$15,000
-14.29%
02/28/2014
|
Kimberly Riddle-Hale
Professional Real Estate Advisors, LLC
|
Building Info
About Okeechobee
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Listed by: Jody Carter
Lake O Real Estate, LLC
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# B26028761
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.
Lake O Real Estate, LLC
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# B26028761
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017