NOT LISTED FOR SALE

23396 SW Martin Hwy Okeechobee, FL 34974

Estimated Value: $978,000 - $2,863,000

280 Acres
$7,952 Price per Acre
12,215,970 Sq Ft Lot

Last Sold April 08, 2021

Last sale price $4,100,000

Est. 46% decrease in value since last sale

Current estimated payment $12,694/month

390 Days on Market

About This Lot

As of April 2021

Trophy Property! Prime 450 Acre Cattle Ranch, Recreational Compound on Martin Highway Just off I-95 Exit 110. Approach this exclusive cattle ranch via Martin Highway, Registered on the National Register of Scenic Highways, Close to Okeechobee & Palm City, and the South Florida Shooting Club is only 9 minutes away. This fabulous ranch property is predominantly pasture land, currently being used as a cattle ranch with an existing cattle lease and newly constructed ranch office. Previously used as a recreational weekend retreat, only 45 minutes North of Palm Beach featuring gorgeous Pines, Live and Water Oakes, Two Ponds with Bridges, Seven Miles of Recreational Trails. Access West perimeter via S.W. Hosahah Road. Farm Office built in 2015. Two Parcels (280.44 acres & 168.95

Last Agent to Sell the Property

Linda R Olsson

Linda R. Olsson, Inc. License #432027 Listed on: 02/12/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $35,715

Lot Details

  • Dirt Road
  • Brush Vegetation
  • Property is zoned ag

Community Details

  • Unassigned, Okeechobee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 193838000000000108

Property Details

Property Type

Land

Est. Annual Taxes

$35,715

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: Martin Hwy west of 95
  • Special Features: VirtualTour

Exterior Features

  • Road Surface Type: Dirt
  • Waterfront: No

Lot Info

  • Parcel #: 193838000000000108
  • Current Use: Farm
  • Development Status: Raw Land
  • Lot Size: 2052
  • Zoning Description: ag

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 35715.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 8, 2021
Sold by
Cardinal Red Investments Llc
Bought by
Golani Farms Llc
Seller's Agent
Linda R Olsson
Linda R. Olsson, Inc.
List Price
$4,700,000
Sold Price
$4,100,000
Premium/Discount to List
-$600,000
-12.77%
Current Estimated Value
$2,230,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,869,855
Avg. Annual Appreciation
-13.30%

Purchase Details

Closed on
Sep 25, 2014
Sold by
Turnpike Dairy Inc
Bought by
Cardinal Red Investments Llc

Purchase Details

Closed on
Jan 1, 1901
Bought by
Cardinal Red Investments Llc
Source: Public Records

Range of Values:

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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
Golani Farms Llc $2,050,000 Attorney
Cardinal Red Investments Llc $1,822,900 Attorney
Cardinal Red Investments Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $4,100,000 -12.8% --
03/09/2021 03/09/21 Pending -- -- --
02/12/2020 02/12/20 For Sale $4,700,000 -- --
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
2024 $3,245 $206,690 -- --
2023 $3,245 $194,810 $0 $0
2022 $3,077 $185,090 $0 $0
2021 $2,975 $171,890 $69,000 $102,890
2020 $3,005 $172,150 $0 $0
2019 $35,716 $2,020,980 $1,935,040 $85,940
2018 $36,510 $2,077,950 $1,991,120 $86,830
2017 $32,996 $2,021,450 $1,963,080 $58,370
2016 $5,190 $385,600 $0 $0
2015 $451 $169,940 $0 $0
2014 $451 $27,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda R Olsson

    Seller's Agent in 2021

    Linda R Olsson

    Linda R. Olsson, Inc.

    (561) 820-9195

    93 Total Sales

    Linda R Olsson
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Map

Source: BeachesMLS

MLS Number: R10600604

BeachesMLS

APN: 19-38-38-000-000-00010-8

Florida Glades County Okeechobee 34974

23396 SW Martin Hwy, Okeechobee, FL

This home is located at 23396 SW Martin Hwy, Okeechobee, FL 34974 since 12 February 2020 and is currently estimated at $2,230,145. 23396 SW Martin Hwy is a home located in Glades County with nearby schools including Warfield Elementary School, Indiantown Middle School, and South Fork High School.

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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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