NOT LISTED FOR SALE

1392 NE 48th Ave Okeechobee, FL 34972

Estimated Value: $416,000 - $578,000

4 Beds
3 Baths
4,034 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2022

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

Est. 65% increase in value since last sale

Current estimated payment $3,297 / mo

7 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan
  • Pasture
  • Combination Kitchen and Dining Room
  • 2 Car Garage

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
  • Paved or Partially Paved Lot
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,034 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Outbuilding
  • Pasture

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
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Multiple En Suite Bathrooms
  • Main Level Bedrooms: 4
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Water Heater, Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Living Area: 4034.0
  • Stories: 1
  • Window Features: Metal, Single Hung

Exterior Features

  • View: Other
  • Lot Features: Many Trees
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northeast
  • Other Structures: Outbuilding
  • Property Condition: Resale, Fixer
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: In Garage
  • Security: None
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 11337350010002400010
  • Horse Amenities: Pasture
  • Lot Size Acres: 4.4
  • Mobile Dim Units: Feet
  • Zoning: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2704.26

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 16, 2022
Sold by
Bought by
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
$493,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,530
Avg. Annual Appreciation
12.15%

Purchase Details

Closed on
May 25, 2001
Sold by
Bought by

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
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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
$300,000 Okee Tantie Title
-- Okee Tantie Title
$130,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $91,000
Source: Public Records

Property 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 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

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

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

    78 Total Sales

    Mary Franklin
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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.

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