NOT LISTED FOR SALE

27275 SW Martin Hwy Okeechobee, FL 34974

Estimated Value: $6,750,000 - $7,239,993

3 Beds
2 Baths
1,512 Sq Ft
$4,626/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $5,825,000 $3,853 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $38,932/month

123 Days on Market

Highlights

  • Water Views
  • Barn
  • 343.91 Acre Lot
  • South Fork High School Rated A-
  • Corral
  • No HOA

About This Home

As of January 2022

One of a kind property located on iconic, canopy road Martin Highway! Only minutes from 1-95. This property is partially high fenced with abundant exotic game such as; black buck, American bison, water buffalo, red deer, white tails, sika, axis, long horns, and ankoli cattle. The property is stunning with large oak hammocks, and lush green pastures. A beautiful lake makes for the perfect homesite. The property is fenced with cow pens including a hydraulic chute. There is also a double wide mobile home with outside grilling area, a large metal barn that has a processing area with a walk in cooler, and bays for covered parking and storage. This property has many diverse uses such as a stunning home site, functional cattle ranch, exotic game preserve , or for a recreational retreat.

Last Agent to Sell the Property

Katie Mcfarland

MCFARLAND REAL ESTATE CO License #3304472 Listed on: 09/20/2021

Co-Listed By

Vangela McFarland

MCFARLAND REAL ESTATE CO License #SL3254446

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 2005

Lot Details

  • 343.91 Acre Lot
  • West Facing Home
  • Oversized Lot

Property Views

  • Water
  • Woods
  • Park or Greenbelt

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses
  • Corral

Mobile Home

  • Double Wide

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$3,181

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Mobile Home
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 1512
  • Lot Size Acres: 343.91
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 14980720
  • Directions to Property: located on north side of Martin highway
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK220642?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK220642?w=Customer
  • Homestead Y N: No
  • Total Acreage: 200 to less than 500
  • Unit Number Y N: No
  • Call Center Phone Number: 8632618338
  • Ratio: Close Price\List Price: 0.932
  • Price per Sq Ft: 3852.51
  • Close to Original List Price Ratio: 0.932
  • View: Yes
  • Co List Office Mls Id: 272010036
  • Co List Office Phone: 863-261-8338
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Master Bedroom Main Floor
  • Appliances Included: Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 27275
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Other Structures: Barn(s), Corral(s)
  • Exterior Features: Other
  • Roof: Shingle
  • Body Type: Double Wide
  • Pool Private: No
  • View: Greenbelt, Trees/Woods, Water
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: A-2
  • Parcel Number: 15-38-37-000-000-0001.1-0-0000
  • Additional Parcels: No
  • Current Use: Cattle, Horses, Livestock, Other
  • Lot Features: Greenbelt, In County, Oversized Lot, Pasture, Zoned for Horses
  • Horse Amenities: Other
  • Flood Zone Code: x

Tax Info

  • Tax Annual Amount: 3181.07
  • Tax Block: 0
  • Tax Book Number: 2643 1209
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Dec 28, 2021
Sold by
Brian Street 2012 Family Grantor Trust
Bought by
Patriot Farms Limited Partnership
Seller's Agent
Katie Mcfarland
MCFARLAND REAL ESTATE CO
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$6,250,000
Sold Price
$5,825,000
Premium/Discount to List
-$425,000
-6.8%
Current Estimated Value
$6,994,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,169,997
Avg. Annual Appreciation
1.18%
Original Mortgage
$0
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2013
Sold by
Street Linda Co-Tr
Bought by
Street Brian Co-Tr

Purchase Details

Closed on
Dec 27, 2012
Sold by
Street Brian and Street Linda
Bought by
Street Brian Co-Tr

Purchase Details

Closed on
Dec 26, 2012
Sold by
Street Linda Co-Tr
Bought by
Street Brian Co-Tr
Source: Public Records

Range of Values:

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Average Value
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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
Patriot Farms Limited Partnership $100 Robert S Forman Pa
Patriot Farms Limited Partnership $5,825,000 None Listed On Document
Street Brian Co-Tr $100 --
Street Brian Co-Tr $100 --
Street Brian Co-Tr $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brian Street 2012 Family Grant $0
Previous Owner Street Linda $1,512,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $5,825,000 -6.8% $3,853 / Sq Ft
09/20/2021 09/20/21 For Sale $6,250,000 -- $4,134 / Sq Ft
Source: Stellar MLS

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 $23,903 $1,540,110 -- --
2024 $3,941 $1,430,330 -- --
2023 $3,941 $206,870 $0 $0
2022 $3,823 $205,590 $0 $0
2021 $3,230 $164,090 $105,270 $58,820
2020 $3,181 $164,230 $0 $0
2019 $3,163 $164,520 $0 $0
2018 $3,073 $166,000 $0 $0
2017 $2,448 $144,980 $0 $0
2016 $2,865 $151,390 $0 $0
2015 $2,519 $137,560 $0 $0
2014 $2,519 $135,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie Mcfarland

    Seller's Agent in 2022

    Katie Mcfarland

    MCFARLAND REAL ESTATE CO

    (863) 261-8338

    106 Total Sales

    Katie Mcfarland
    Section Image

  • V

    Seller Co-Listing Agent in 2022

    Vangela McFarland

    MCFARLAND REAL ESTATE CO

    (863) 261-8338

    39 Total Sales

    Vangela McFarland
    Section Image
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Map

Source: Stellar MLS

MLS Number: OK220642

Stellar MLS

APN: 15-38-37-000-000-00011-0

Florida Martin County Okeechobee 34974

27275 SW Martin Hwy, Okeechobee, FL

This home is located at 27275 SW Martin Hwy, Okeechobee, FL 34974 since 20 September 2021 and is currently estimated at $6,994,997, approximately $4,626 per square foot. This property was built in 2005. 27275 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.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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