NOT LISTED FOR SALE

1102 SW 2nd Ave Okeechobee, FL 34974

-- Bed
-- Bath
1,960 Sq Ft
1.03 Acres

Last Sold June 15, 2021

Last sale price $1,030,000 $526 Per Sq Ft

70 Days on Market

Highlights

  • 1.03 Acre Lot
  • Laundry Room
  • Carpet
  • No HOA
  • Central Heating and Cooling System

About This Home

As of June 2021

10 unit apartment complex for sale. The apartments are located in an area that is close to restaurants, grocery, retail and are well maintained.
Each unit is a 2 bedroom 2 bath apartment with all appliances including washer and dryer. There is onsite paved parking and city water and sewer.
Historic 90% occupancy or better with the same owner.

Last Agent to Sell the Property

Lori Berger

COLDWELL BANKER/BERGER REAL ES License #479178 Listed on: 02/22/2021

COLDWELL BANKER/BERGER REAL ES

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,366

Year Built

  • Built in 2004

Lot Details

  • 1.03 Acre Lot

Parking

  • Assigned Parking

Home Design

  • 1,960 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 10 Buildings
  • 10 Units
  • South Okeechobee Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $100,285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,366

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1960
  • Lot Size Acres: 1.03
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 44997
  • Tenant Pays: Electricity, Sewer, Water
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK219935?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK219935?w=Customer
  • Unit Count: 1
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.824
  • Price per Sq Ft: 525.51
  • Close to Original List Price Ratio: 0.824
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: One
  • Number Of Buildings: 10

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12093C0480C

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned
  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: MULTI-FAM
  • Parcel Number: R3-21-37-35-0040-00150-0010
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2015-07-16

Rental Info

  • Pets Allowed: No

Multi Family

  • Gross Income: 100285
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 19366
  • Tax Block: 15
  • Tax Book Number: 3-37
  • Tax Lot: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $1,030,000 -17.6% $526 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $1,250,000 0.0% $638 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $1,250,000 -- $638 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,967 $1,450,061 $127,500 $1,322,561
2024 $24,318 $1,221,583 $97,500 $1,124,083
2023 $23,082 $1,221,583 $97,500 $1,124,083
2022 $20,216 $913,163 $73,500 $839,663
2021 $18,831 $805,967 $60,000 $745,967
2020 $19,529 $833,543 $45,000 $788,543
2019 $19,366 $822,380 $45,000 $777,380
2018 $18,294 $756,880 $45,000 $711,880
2017 $16,530 $678,021 $0 $0
2016 $15,585 $623,528 $0 $0
2015 $15,006 $581,620 $0 $0
2014 -- $552,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lori Berger

    COLDWELL BANKER/BERGER REAL ES

    (863) 634-8437

    5 in this area

    7 Total Sales

    Lori Berger
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OK219935

Stellar MLS

APN: 3-21-37-35-0040-00150-0010

Florida Okeechobee County Okeechobee 34974

1102 SW 2nd Ave, Okeechobee, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes