$2,775,000
SOLD JUL 19, 2023

25001 SW Martin Hwy Okeechobee, FL 34974

250 Acres
$11,100 Price per Acre
10,890,000 Sq Ft Lot

Recently Sold

18% Below List Price

353 Days on Market

Highlights

  • Home fronts a creek
  • 250 Acre Lot
  • Interior Lot
  • South Fork High School Rated A-

About This Lot

As of July 2023

250+ acres of Freedom! Heading for your Country Retreat in Martin County! This ultimate country lifestyle can be yours! No HOA. Bring your animals, toys & hunting gear. Feel like you are in the middle of nowhere yet only 12 minutes to I95; close to Palm City, Indiantown & Okeechobee (world class fishing, Lake O!) See the sunset, see all the stars sitting on the porch of the 4/2 modular or practice shooting on the range with bathroom & storage. Imagine driving your 4 wheeler thru massive old trees & picturesque meadows or follow along the beautiful creek meandering thru the land scouting out the Osceola turkeys, white tail deer, hogs & more. Farm, hunt, play or relax when you own the land you decide what to do. South Florida great opportunity. See drone video of the 3 parcels, for 250+ Ac.

Co-Listed By

Jane McAllister

Berkshire Hathaway Florida Rea License #0247431

Berkshire Hathaway Florida Rea

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,671

Lot Details

  • 250 Acre Lot
  • Home fronts a creek
  • Dirt Road
  • Interior Lot
  • Irregular Lot
  • Property is zoned AG

Listing and Financial Details

  • Assessor Parcel Number 123837000000000203

Property Details

Property Type

Land

Est. Annual Taxes

$3,671

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: In Martin County! Off Martin Hwy (714), West from Palm City for 12 minutes to address. Last driveway on right before Martin County Ranch Community. Locked gate at entry. Agent to accompany.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Interior Lot, Irregular Lot
  • Road Surface Type: Dirt
  • Waterfront Features: Creek
  • Waterfront: No
  • Disclosures: Easement(s)

Lot Info

  • Parcel #: 123837000000000203
  • Lot Size Acres: 250.0
  • Lot Size: 250+ Acres
  • Lot Size Sq Ft: 6359760.0
  • Zoning Description: AG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3671.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jul 19, 2023
Sold by
Richey Linda N F
Bought by
Kendall Industrial Llc
List Price
$2,999,500
Sold Price
$2,755,000
Premium/Discount to List
-$244,500
-8.15%
Views
54
Current Estimated Value
$2,806,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,000
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Jul 30, 2014
Sold by
Richey William L and Richey Linda N F
Bought by
Metropolis Clouds Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,228,500
Interest Rate
4.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 20, 1999
Sold by
Bayley Volney P Sr
Bought by
Richey Linda N F

Purchase Details

Closed on
Aug 29, 1994
Bought by
Richey Linda N F
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 Type Sale Price Title Company
Warranty Deed $19,285 Fishermans Title
Warranty Deed $1,755,000 Attorney
Deed $1,218,600 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,260,000 New Conventional
Previous Owner $1,228,500 Future Advance Clause Open End Mortgage
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $2,775,000 +0.7% --
07/19/2023 07/19/23 Sold $2,755,000 -8.2% $1,208 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/26/2022 09/26/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $2,999,500 -11.8% $1,316 / Sq Ft
10/07/2021 10/07/21 For Sale $3,400,000 -- --
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 $3,824 $206,610 -- --
2024 $3,629 $206,070 -- --
2023 $3,629 $192,160 $0 $0
2022 $3,639 $194,510 $0 $0
2021 $3,806 $197,380 $41,800 $155,580
2020 $3,671 $192,490 $0 $0
2019 $3,572 $195,040 $0 $0
2018 $3,433 $197,880 $0 $0
2017 $2,616 $154,920 $0 $0
2016 $3,169 $168,520 $0 $0
2015 $3,154 $174,880 $0 $0
2014 $3,154 $175,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jane McAllister

    Seller Co-Listing Agent in 2023

    Jane McAllister

    Berkshire Hathaway Florida Rea

    (561) 756-0891

    5 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10750540

BeachesMLS

APN: 12-38-37-000-000-00020-3

Florida Martin County Okeechobee 34974

25001 SW Martin Hwy, Okeechobee, FL

This home is located at 25001 SW Martin Hwy, Okeechobee, FL 34974 and is currently priced at $2,775,000. 25001 SW Martin Hwy is a home located in Martin 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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