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Okeechobee 34974
9230 SE 59th DRIVE
$30,000
● Land - Off Market

9230 SE 59th DRIVE

OKEECHOBEE, FL 34974
bedrooms
Studio
bathrooms
0 Bath
$170
Est. Monthly
47.11%
Cap Rate

About This Property

~Lar-Kee Lake~ Vacant lot. Has a septic tank & well.
Unit Size
-
Days on Market
50 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$22
HOA Dues
-
Year Built
-

Payment Calculator

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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: 3 years ago (Stellar MLS #OK224022)

Price History

Date / Event Date Event Price
Jun 18, 2024 Sold
Premium
Sold
Jun 4, 2024 In contract -
In contract
Apr 29, 2024 Listed by LAKE O REAL ESTATE, LLC $30,000
Listed by LAKE O REAL ESTATE, LLC
Aug 21, 2020 Sold
Premium
Sold
Aug 1, 2020 No longer available -
No longer available
Show More

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: 3,750
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 500
  • 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
  • Subdivision: LAR-KEE LAKE
  • Land Acres: 0000000086
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: LAR-KEE LAKE FOR MOBILE HOMES (PLAT BOOK 3 PAGE 44) LOT 35 BLOCK 3

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910401

Geography

  • Parcel: 1-04-38-36-0030-00030-0350
  • Block: 3
  • Lot: 35
  • Meridian: SEC 04 TWN 38S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.1899
  • Longitude: -80.7305

    Address

  • Full Address: 9230 Se 59th Dr
  • Address - House Number: 9230
  • Street Direction: SE
  • Address - Street Name: 59th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R010
  • 4-Digit Zip Code: 1469
  • Zip Code: 34974

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,397
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 030

    Market Valuation

  • Market Total Value: $9,500
  • Market Land Value: $9,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,500
  • Assessed Land Value: $9,500

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020007975
  • Previous Sale Recording Date: Oct 11, 2006
  • Previous Sale Contract Date: Oct 09, 2006
  • Previous Sale Amount: $37,000
  • 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

Unit for rent at 8680 Us Highway 441 Se, Okeechobee, FL, 34974

$1,150 /mo

  • 1 Bed
  • 1 Bath
  • 7,826 ft²
8680 Us Highway 441 Se #35, Okeechobee, FL, 34974 Listing by LyLy Ngo

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Jody Carter
LAKE O REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OK224022
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 9230 Southeast 59th Drive built and last sold?
The property at 9230 Southeast 59th Drive was built in and last sold on Aug 20, 2020 for $14,000.
How much is this home worth?
The estimated value of the home located at 9230 Southeast 59th Drive is $0.
What are some comparable homes to 9230 Southeast 59th Drive?
There are currently no comparable homes to 9230 Southeast 59th Drive.
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