NOT LISTED FOR SALE

1392 NE 48th Ave Okeechobee, FL 34972

Estimated Value: $409,000 - $576,628

4 Beds
3 Baths
4,034 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2022

Last sale price $300,000 $74 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,300 / mo

7 Days on Market

Highlights

  • 4.4 Acre Lot
  • Cooling Available
  • Heating Available
  • No HOA
  • 2 Car Garage
  • Northeast Facing Home

About This Home

As of February 2022

Great opportunity to own a large home on 4.399 acres with a large work shop in the back. Located on the East side of Okeechobee, a block from Hwy 70. Close to town or an easy commute to the coast. No HOA. Plenty of space for a mother-in-law suite, apartment or man-cave. Property consists of two separate lots. Currently zoned light industrial. Great location for a home and business. Home needs a new roof and some renovation. Investor or handyman special.
Great potential.

Last Agent to Sell the Property

Mary Franklin

Legacy Real Estate of Florida LLC License #3507032 Listed on: 02/03/2022

Last Buyer's Agent

Mary Franklin

Legacy Real Estate of Florida LLC License #3507032 Listed on: 02/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1968

Lot Details

  • 4.4 Acre Lot
  • Northeast Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 4,034 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Okeechobee Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11337350010002400010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,704

Year Built

Built in 1968

Lot Details

4.4 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Highway 70 East turn on to 48th ave property on the left
  • Year Built: 1968
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Main Level Bedrooms: 4
  • Furnished: Unfurnished
  • Appliances: Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Living Area: 4034.0
  • Stories: 1

Exterior Features

  • View: Other
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Direction Faces: Northeast

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel #: 11337350010002400010
  • Lot Size Acres: 4.4
  • Lot Size Sq Ft: 191664.0
  • Mobile Dim Units: Feet
  • Zoning: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2704.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 16, 2022
Sold by
Ruiz Oscar J and Mendez Estefany
Bought by
Perez Gilberto I and Tuch Catarina Chiguil
Seller's Agent
Mary Franklin
Legacy Real Estate of Florida LLC
Buyer's Agent
Mary Franklin
Legacy Real Estate of Florida LLC
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$504,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,907
Avg. Annual Appreciation
13.16%

Purchase Details

Closed on
May 25, 2001
Sold by
Abuequab Naser
Bought by
Ruiz Basiliso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Perez Gilberto I $300,000 Okee Tantie Title
Ruiz Oscar J -- Okee Tantie Title
Ruiz Basiliso $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Basiliso $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2022 02/17/22 Sold $300,000 0.0% $74 / Sq Ft
01/25/2022 01/25/22 For Sale $300,000 -- $74 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $7,471 $533,285 $128,124 $405,161
2024 $7,452 $532,006 $128,124 $403,882
2023 $7,871 $519,292 $117,258 $402,034
2022 $2,726 $177,983 $81,794 $96,189
2021 $2,451 $149,792 $66,495 $83,297
2020 $2,176 $225,351 $50,979 $174,372
2019 $4,194 $270,235 $43,365 $226,870
2018 $3,922 $244,283 $43,365 $200,918
2017 $3,540 $211,292 $0 $0
2016 $3,299 $184,122 $0 $0
2015 $3,227 $171,753 $0 $0
2014 -- $161,701 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Franklin

    Seller's Agent in 2022

    Mary Franklin

    Legacy Real Estate of Florida LLC

    (772) 200-0417

    45 in this area

    76 Total Sales

    Mary Franklin
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10772294

BeachesMLS (Greater Fort Lauderdale)

APN: R1-13-37-35-0010-00240-0010

Florida Okeechobee County Okeechobee 34972

1392 NE 48th Ave, Okeechobee, FL

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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.