$120,000
SOLD FEB 28, 2025

1108 NE 48th Ave Okeechobee, FL 34972

2.54 Acres
$47,244 Price per Acre
110,642 Sq Ft Lot

Recently Sold

19% Below List Price

188 Days on Market

About This Lot

As of February 2025

~Sawgrass Estates of Okeechobee~ Beautiful property in Homes only area. Located east of Okeechobee with easy access to East Coast. Nice large lot 2.5+/- acre site for your new home. Call for more information.

Last Agent to Sell the Property

Sharon Prevatt

C 21 HAZELLIEF & PREVATT RLTY Brokerage Phone: 863-763-2104 License #534497 Listed on: 08/08/2024

Co-Listed By

David Hazellief

C 21 HAZELLIEF & PREVATT RLTY Brokerage Phone: 863-763-2104 License #431740

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,449

Lot Details

  • 2.54 Acre Lot
  • 165 Ft Wide Lot
  • Oversized Lot
  • Property is zoned VACANT

HOA Fees

  • $8 Monthly HOA Fees

Community Details

  • Sawgrass Estates Homeowners Association
  • Sawgrass Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 1
  • Assessor Parcel Number R1-18-37-36-0020-00000-0100

Property Details

Property Type

Land

Est. Annual Taxes

$1,449

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 2.54
  • Lot Size Sq Ft: 110860
  • Status: Sold
  • Street Direction: NE
  • Co List Office Mls Id: MFR272000016
  • Co List Office Phone: 863-763-2104
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 1.08
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • Attribution Contact: 863-763-2104
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Other
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12093C0420C

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Name: Sawgrass Estates Homeowners Association
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 100.00
  • Total Monthly Fees: 8.33
  • Monthly HOA Amount: 8.33

Lot Info

  • Zoning: VACANT
  • Parcel Number: R1-18-37-36-0020-00000-0100
  • Additional Parcels: No
  • Current Use: Other
  • Lot Features: Oversized Lot
  • Lot Dimensions: 2.54 Acres
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 1449
  • Tax Block: 1
  • Tax Book Number: 8/81/82
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Feb 28, 2025
Sold by
Whitmore Stephanie and Coleman Kevin
Bought by
Elam Brian
Seller's Agent
Sharon Prevatt
C 21 HAZELLIEF & PREVATT RLTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$149,000
Sold Price
$120,000
Premium/Discount to List
-$29,000
-19.46%
Views
47
Current Estimated Value
$95,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,300
Avg. Annual Appreciation
-25.46%
Original Mortgage
$300,000
Outstanding Balance
$298,008
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$202,308

Purchase Details

Closed on
Mar 16, 2023
Sold by
Bmk Llc
Bought by
Whitmore Stephanie and Coleman Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 Okee Tantie Title
Warranty Deed $84,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $120,000 -19.5% --
02/12/2025 02/12/25 Pending -- -- --
12/06/2024 12/06/24 For Sale $149,000 0.0% --
11/20/2024 11/20/24 Pending -- -- --
10/21/2024 10/21/24 Price Changed $149,000 -6.9% --
08/08/2024 08/08/24 For Sale $160,000 -- --
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 $1,573 $103,260 $103,260 --
2024 $1,570 $103,260 $103,260 --
2023 $1,449 $94,170 $94,170 $0
2022 $517 $39,175 $39,175 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OK224382

Stellar MLS

APN: 1-18-37-36-0020-00000-0100