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Okeechobee 34972
8093 NW 128th Avenue
$560,000
● Land - Off Market

8093 NW 128th Avenue

Okeechobee, FL 34972
bedrooms
Studio
bathrooms
0 Bath
$3,100
Est. Monthly

About This Property

Perfect opportunity to own 40 acres to build your dream home/barn. Perfect for cattle, horses and all your animals and toys. There is a working well and property is fenced and features a pond.
Unit Size
-
Days on Market
134 days
Land Size
40.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$11
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 #R11047071)

Price History

Date / Event Date Event Price
May 8, 2025 Sold
Premium
Sold
Mar 26, 2025 Listed by RE/MAX SELECT GROUP $629,000
Listed by RE/MAX SELECT GROUP
Amazing opportunity to own 40 acres! Build your dream home or barn. Perfect for cattle, horses and all your animals and toys. There is a working well on the property as well as a pond. Property is fenced.
Dec 25, 2024 Listed by RE/MAX Select Group $629,000
Listed by RE/MAX Select Group
Sep 9, 2003 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: 1,742,400
  • 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: A
  • Land Acres: 0000040000
  • Standard Land Use Code: 7012
  • County Land Use Code: 006180
  • State Land Use Code: 61
  • Legal Description 1: COMMENCE AT THE SOUTHEAST CORNER OF SAID NORTH 1/2 OF SECTION 30; THENCE N 01 18'46 E ALONG THE EAST LINE OF SAID NORTH 1/2 OF SECTION 30, A DISTANCE OF 523.76 FEET TO THE INTERSECTION WITH THE NORTH LINE OF THE SOUTH 523.68 FEET OF SAID NORTH 1/2 OF

Neighborhood

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

Geography

  • Parcel: 1-30-36-34-0A00-00001-0010
  • Meridian: SEC 30 TWN 36S RNG 34E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.3121
  • Longitude: -80.9645

    Address

  • Full Address: 8093 Nw 128th Ave
  • Address - House Number: 8093
  • Street Direction: NW
  • Address - Street Name: 128th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Okeechobee
  • Zip Code: 34972

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,430
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $268,800
  • Market Land Value: $268,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,306

    Sales

  • Current Sale Contract Date: Sep 08, 2003
  • Current Sale Recording Date: Sep 09, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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:

$337,130

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

94

Average Home Size

1481 ft²

Average Home Age

25.8 years

Currently For Sale

186 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: Deborah Jane Fitzgerald
RE/MAX Select Group
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R11047071
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 8093 Northwest 128th Avenue built and last sold?
The property at 8093 Northwest 128th Avenue was built in and last sold on Sep 8, 2003 for $200,000.
How much is this home worth?
The estimated value of the home located at 8093 Northwest 128th Avenue is $635,290.
What are some comparable homes to 8093 Northwest 128th Avenue?
There are currently no comparable homes to 8093 Northwest 128th Avenue.
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