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Okeechobee 34972
8550 NW 144th Trail
$295,000
● House - Off Market

8550 NW 144th Trail

Okeechobee, FL 34972
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,415 Ft²
$394,332
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Unique home on 10-acres that is set in native Florida woods with beautiful oaks.  This well built, energy efficient, metal/cabin style building has everything to enjoy a peaceful, relaxing lifestyle. In this open floor plan, you will see an endless amount of high quality knotty pine, tongue and groove wood covering the walls, custom kitchen cabinets, closets, bedroom doors and 13 feet tall living room ceiling. Vinyl plank flooring, Beautiful tiled bathroom with a large step in shower and a jacuzzi tub.  2 tank-less water heaters. Mini split AC Systems and several ceiling fans keep the cool air circulating.  Pumps and Irrigation in place for self-sustaining growing.  This is a must see oasis! Don't forget about the 2 story air-conditioned custom doghouse built for your four-legged friends!
Unit Size
1,415 Ft²
Days on Market
318 days
Land Size
9.61 acres
Price per sqft
$219
Property Type
House
Property Taxes
$125
HOA Dues
-
Year Built
2016

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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: 5 months ago (Beaches MLS #R10611309)

Price History

Date / Event Date Event Price
May 20, 2022 Sold
Premium
Sold
Feb 3, 2021 Sold
Premium
Sold
Mar 20, 2020 Listed by Legacy Real Estate of Florida LLC $310,000
Listed by Legacy Real Estate of Florida LLC
Jul 15, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 14
  • Building Style: 0
  • Exterior Walls Type: 10
  • Interior Walls Type: 10
  • Roof Shape Type: 5
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 365
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 418,611
  • Total Building Area: 2,202
  • Gross Building Area: 2,621
  • Building Area: 2,202
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,202
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009610
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 00
  • Legal Description 1: A PARCEL OF LAND LYING IN SECTION 22, TOWNSHIP 36 SOUTH, RANGE 33 EAST, OKEECHOBEE COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE SOUTH 1/4 CORNER OF SAID SECTION 22, BEAR SOUTH 892353 EAST ALONG THE SOUTH LINE OF SAID

Neighborhood

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

Geography

  • Parcel: 1-22-36-33-0A00-00015-0000
  • Meridian: SEC 22 TWN 36S RNG 33E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.3232
  • Longitude: -81.0198

    Address

  • Full Address: 8550 Nw 144th Trl
  • Address - House Number: 8550
  • Street Direction: NW
  • Address - Street Name: 144th
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R009
  • 4-Digit Zip Code: 9663
  • Zip Code: 34972

Valuation

    Tax

  • Total Area: 2,459
  • Tax Year: 2022
  • Tax Amount: $437,670
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 377,019
  • High Value: 541,709
  • Low Value: 212,328

    Market Valuation

  • Market Total Value: $455,863
  • Market Land Value: $158,760
  • Market Improvement Value: $297,103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,863
  • Assessed Land Value: $158,760
  • Assessed Improvements Value: $297,103

    Sales

  • Current Sale Contract Date: May 19, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7061
  • Previous Sale Recording Date: Feb 03, 2021
  • Previous Sale Contract Date: Jan 29, 2021
  • Previous Sale Amount: $295,000
  • 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:

$335,000

Sale Price/ft²

$220

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1599 ft²

Average Home Age

26.1 years

Currently For Sale

232 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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BEACHES

Listed by: Lasha Boree
Legacy Real Estate of Florida LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10611309
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 8550 Northwest 144th Trail built and last sold?
The property at 8550 Northwest 144th Trail was built in 2016 and last sold on May 19, 2022 for $640,000.
How much is this home worth?
The estimated value of the home located at 8550 Northwest 144th Trail is $0.
What are some comparable homes to 8550 Northwest 144th Trail?
There are currently no comparable homes to 8550 Northwest 144th Trail.
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