NOT LISTED FOR SALE

12829 NW 160th St Okeechobee, FL 34972

Estimated Value: $570,000 - $769,852

43.21 Acres
$15,504 Price per Acre
1,882,228 Sq Ft Lot

Sale Details

Date Sold: May 10, 2022

Last sale price $686,500

Est. 2% decrease in value since last sale

Current estimated payment $4,139 / mo

82 Days on Market

About This Lot

As of May 2022

Once in a lifetime opportunity to purchase a stunningly unique piece of Florida! Directly located on the historic Florida Cracker Trail this property actually contains 3 distinct environments in a manageable 43 acres and has no comparables. The relatively untouched core of a much bigger ranch (the 4 neighbors to the west were all once part of the same tract), only this piece was mostly kept free of permanent buildings, logging, orchards, crop-plantings, or the digging out of its wetlands. Besides being divisible into 2 parcels, it has all the necessary infrastructure already in place to make your dreams a reality immediately including a road, fencing, electric, a well, a barn, and a pond. Plus its located just 5 minutes from the Kissimmee River, 15 minutes from Lake Okeechobee, an hour from the Atlantic Ocean, and 2 hours from the Gulf of Mexico.
The property is divided into 3 roughly equal zones: Florida Prarie, Chandler Slough, and the transition zone in-between.
Fronting the Florida Cracker Trail (Hwy. 68), you access the property through the Prarie/pasture on an elevated grass road complete with drainage ditches and culverts. The road is separately fenced from the pasture but can be used for supplemental grazing. The pasture itself is fully fenced with multiple access gates. It is is scattered with lovely oaks and a couple of pines to shelter and shade the livestock. It has a pond with a small footprint that is, nevertheless, remarkably deep and has never been dry. There is grass year-round with no need for supplemental feed/hay. Historically, the land has always run beef cattle and/or horses making for low taxes and little input to create an income-producing piece of property.
The Oak Hammock transition zone features a variety of mature oaks, pines, and palmetto stands with a few small clearings interspersed, all of which provides for several immediately buildable homesites. Imagine having a home under the live oaks, hearing the Osceola turkeys gobble in the cypress trees out in your back yard while simultaneously watching your horses and cattle in the front pasture!
But perhaps, instead, you may find that the true jewel exists at the back of the property. Chandler Slough is old growth cypress that is now mostly under State and/or Federal protection. But unlike many of your neighbors who sold their rights off, you would have full hunting/timber privileges. The Slough portion is only about 15 acres but has a direct, fenceless transition to over 500 acres of protected wetlands. Unlike a swamp or bayou, when Chandler Slough fills there is a slow, but noticeable, current from east-to-west as it drains into the Kissimmee River. A year-round wildlife interstate full of mature timber, orchids, airplants, whitetail deer, Osceola turkeys, wild boar, wood ducks, river otters, bald eagles, and even the occasional Florida panther!
There is only 1 permanent building on the property. The all-steel construction 30' x 30' barn was built in 2013 on a 4-inch concrete foundation that itself is on an elevated hill. Professionally installed closed-cell foam insulation throughout adds both efficiency and hurricane-rigidity. It is fully wired with lighting, fans, and numerous outlets. Complete with oversized doors, the 3-bay "Carolina barn style" construction includes:

This is truly a one-of-a kind property.

Last Agent to Sell the Property

Michael Dinnen

TIMBER PROPERTIES License #3450556 Listed on: 01/22/2022

Last Buyer's Agent

Michael Dinnen

TIMBER PROPERTIES License #3450556 Listed on: 01/22/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $357

Lot Details

  • 43.21 Acre Lot
  • Lot Dimensions are 560x3200
  • Dirt Road
  • Well Sprinkler System
  • Property is zoned AG

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number R1-31-35-34-0A00-00002-A000

Property Details

Property Type

Land

Est. Annual Taxes

$357

Lot Details

43.21 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 43.21
  • Lot Size Sq Ft: 1882228
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 0.36
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Dirt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electricity Available, Sprinkler Well, Utility Pole
  • Sewer: None
  • Water Source: Well

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: AG
  • Parcel Number: R1-31-35-34-0A00-00002-A000
  • Additional Parcels: No
  • Current Use: Cattle
  • Lot Dimensions: 560x3200
  • Flood Zone Code: a

Tax Info

  • Tax Annual Amount: 357.27
  • Tax Block: n/a
  • Tax Book Number: n/a
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
May 9, 2022
Sold by
Ben Thompson
Bought by
Cave Ranch Llc
Seller's Agent
Michael Dinnen
TIMBER PROPERTIES
Buyer's Agent
Michael Dinnen
TIMBER PROPERTIES
List Price
$895,000
Sold Price
$686,500
Premium/Discount to List
-$208,500
-23.3%
Current Estimated Value
$669,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,574
Avg. Annual Appreciation
-0.60%

Purchase Details

Closed on
Dec 22, 1999
Sold by
Converse Frank W
Bought by
Springer Sharon and Springer Thompson M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Cave Ranch Llc $682,500 New Title Company Name
Springer Sharon -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2022 08/11/22 Off Market $686,500 -- --
05/10/2022 05/10/22 Sold $686,500 -11.4% --
04/11/2022 04/11/22 Pending -- -- --
03/09/2022 03/09/22 Price Changed $775,000 -13.4% --
01/19/2022 01/19/22 For Sale $895,000 -- --
Source: Stellar MLS

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 $6,173 $398,003 -- --
2024 $5,910 $379,782 -- --
2023 $6,136 $394,659 $0 $0
2022 $362 $23,497 $0 $0
2021 $357 $22,588 $6,169 $16,419
2020 $360 $22,597 $6,043 $16,554
2019 $425 $26,804 $5,824 $20,980
2018 $86 $5,698 $5,698 $0
2017 $82 $5,416 $5,416 $0
2016 $169 $5,338 $5,338 $0
2015 $172 $5,338 $5,338 $0
2014 -- $5,120 $5,120 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM632963

Stellar MLS

APN: R1-31-35-34-0A00-00002-A000

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