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

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Laundry Room

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
  • Directions to Property: US 441 South (South Parrott Avenue) to SW 12th Street turn west to SW 2nd avenue then turn north and subject property is located on the west side of the road.
  • 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
  • Street Number Modifier: 1102
  • 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:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OK219935

Stellar MLS

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