NOT LISTED FOR SALE

1200 State Road 70 E Okeechobee, FL 34972

Estimated Value: $15,550,326

0.7 Acre
$22,214,751 Price per Acre
30,492 Sq Ft Lot

Last Sold November 17, 2014

Last sale price $100,000

Est. 15,450% increase in value since last sale

Current estimated payment $90,060/month

436 Days on Market

About This Lot

As of November 2014

FULLY APPROVED BUILDING PAD READY OUTPARCEL WITH OFF-SITE STORM WATER RETENTION ADJACENT TO HAMPTON INN AND APPLEBEES. EXCELLENT FLORIDA HIGHWAY 70 LOCATION! LOTS OF POTENTIAL USES. SELLER IS A LICENSED FLORIDA REALTOR.

Last Agent to Sell the Property

Hoyt Murphy

Coldwell Banker Paradise License #186988 Listed on: 08/07/2013

Coldwell Banker Paradise

Last Buyer's Agent

Hoyt Murphy

Coldwell Banker Paradise License #186988 Listed on: 08/07/2013

Coldwell Banker Paradise

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,969

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 264x115
  • Property is zoned com

Additional Features

  • City Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22237350a00000040

Property Details

Property Type

Land

Est. Annual Taxes

$1,969

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: East on SR 70 to Okeechobee, just before SE 10th Ave, adjacent to Applebees.
  • Special Features: None

Exterior Features

  • Lot Features: City Lot
  • Waterfront: No

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Lot Info

  • Parcel #: 22237350a00000040
  • Lot Size Acres: 0.7
  • Lot Size: 264x115
  • Number Of Lots: 1
  • Zoning Description: com

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1969.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2013
Sold by
Phg Okeechobee Llc
Bought by
Okeechobee Hospitality Llc
Current Estimated Value
$15,550,326

Purchase Details

Closed on
Jun 28, 2007
Sold by
Arbogast Joseph G and Arbogast Keith Lee
Bought by
Okeechobee Sr70 Holdings Llc
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 Buyer Sale Price Title Company
Okeechobee Hospitality Llc $6,310,500 First American Title
Okeechobee Sr70 Holdings Llc $1,600,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2014 11/17/14 Sold $100,000 -66.1% --
10/18/2014 10/18/14 Pending -- -- --
08/07/2013 08/07/13 For Sale $295,000 -- --
Source: BeachesMLS

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 $103,029 $6,300,364 $686,146 $5,614,218
2024 $93,496 $5,491,825 $686,146 $4,805,679
2023 $86,288 $4,971,761 $421,740 $4,550,021
2022 $80,072 $4,418,959 $432,185 $3,986,774
2021 $72,247 $3,254,533 $387,374 $2,867,159
2020 $84,798 $3,800,392 $351,763 $3,448,629
2019 $82,244 $3,676,744 $322,197 $3,354,547
2018 $77,047 $3,316,963 $322,197 $2,994,766
2017 $72,634 $3,113,301 $0 $0
2016 $68,671 $3,001,777 $0 $0
2015 $65,335 $2,867,297 $0 $0
2014 -- $2,348,957 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Hoyt Murphy

    Coldwell Banker Paradise

    1 in this area

    138 Total Sales

    Hoyt Murphy
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Map

Source: BeachesMLS

MLS Number: R9967667

BeachesMLS

APN: R2-22-37-35-0A00-00004-0000

Florida Okeechobee County Okeechobee 34972

1200 State Road 70 E, Okeechobee, FL

Not Listed for Sale

Lots

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