1
Map
$695,000
●
House -
For Sale
8575 NE 12th Lane
Okeechobee, FL 34974
2 Beds
1 Bath
1,001 Ft²
$3,550
Est. Monthly
About This Property
Newly constructed custom CBS home on 5 fenced and gated acres in
Okeechobee County. Custom open-concept living, dining, and kitchen
with natural wood accents and a soft neutral palette, offering a
warm, elevated feel and effortless flow for modern living. Property
features a large metal barn with workshop and multiple garage bays,
offering excellent storage and flexibility. Open pasture ideal for
horses or cows, with room to expand or add additional improvements.
Peaceful country setting with privacy and wide-open space.
Unit Size
1,001 Ft²
Days on Market
240 days
Land Size
-
Price per sqft
$694
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
-
Listed By
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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 #F10549945)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2026 | Listed by The Tucker Group, LLC | $695,000 | |
| Listed by The Tucker Group, LLC | |||
| Jul 22, 2022 | Sold | ||
| Sold | |||
| May 26, 2022 | Listed by The Tucker Group, LLC | $169,900 | |
| Listed by The Tucker Group, LLC | |||
| Sep 9, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2020 | Listed by The Tucker Group, LLC | $85,000 | |
| Listed by The Tucker Group, LLC | |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Has Carport
Parking Features: Detached Carport, Driveway, Detached, Garage, RV Access/Parking
Garage Spaces: 4
Interior Details
Full Bathrooms: 1
Interior Features: Kitchen Island, Vaulted Ceiling(s), BedroomOnMainLevel
Appliances: Dishwasher, Electric Range, Refrigerator, Water Softener Owned, Water Softener
Flooring Type: Tile
Laundry Features: Washer Hookup, DryerHookup
Rooms: 1
Exterior Details
Square Footage: 1001
Property Condition: New Construction, Resale
Year Built: 2025
Building Area Total: 1591
Levels: One
Other Structures: Outbuilding
Construction Materials: Block
Patio and Porch Features: Patio, Porch
Lot Features: FiveToTenAcres
Lot Size Area: 224770
Financial Details
Tax Assessed Value: $142,680
Tax Annual Amount: $1,639
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Okeechobee
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Listed by: Faith D. Nielson
The Tucker Group, LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# F10549945
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.
The Tucker Group, LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# F10549945
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017