NOT LISTED FOR SALE

28414 Florida 78 Okeechobee, FL 34974

Estimated Value: $124,000

1.65 Acres
$75,152 Price per Acre
71,874 Sq Ft Lot

Last Sold July 30, 2015

Last sale price $110,000

Est. 13% increase in value since last sale

Current estimated payment $773/month

481 Days on Market

Highlights

  • 117 Feet of Waterfront
  • No HOA
  • Heating Available
  • 1.65 Acre Lot

About This Lot

As of July 2015

1.65 Acres of vacant commercial zoned land on the intersection of State Road 78 & Chobee Street. This dual road frontage is ideal for retail development. Property also features 117'+- feet of waterfront access on a captive lake. This would be ideal for a restaurant on the water! Seller is highly motivated. Bring all offers! $125,000 o.b.o No Owner financing available. Alternate Use = Commercial, Land Use = VACANT,

Last Agent to Sell the Property

Lori Mixon

MIXON REAL ESTATE GROUP License #3034239 Listed on: 03/06/2014

Property Details

Property Type

  • Land

Lot Details

  • 1.65 Acre Lot
  • 117 Feet of Waterfront

Listing and Financial Details

  • Assessor Parcel Number S36-38-34-009-0011-0010

Community Details

Overview

  • No Home Owners Association
  • Buckhead Ridge Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.65
  • Status: Sold
  • Street Direction: E
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 0.88
  • Close to Original List Price Ratio: 0.88
  • View: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Surface Type: Paved
  • Water Access: Lake
  • Water Access Y N: Yes
  • Waterfront Frontage: 117

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: S36-38-34-009-0011-0010
  • Current Use: Commercial
  • Price Per Acre: 66666
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2015
Sold by
Palmetto Okeechobee Sr 78 Llc
Bought by
K Rocker Inc
Current Estimated Value
$124,000

Purchase Details

Listed on
Mar 6, 2014
Closed on
Jul 22, 2015
Sold by
His Church Its Jesus Church Inc
Bought by
Palmetto Okeechobee Sr 78 Llc
Seller's Agent
Lori Mixon
MIXON REAL ESTATE GROUP
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,156,642
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 5, 2015
Sold by
Pearce L Sidney and Martin Linda Gail
Bought by
Buckhead Ridge Christian Church Inc

Purchase Details

Closed on
Dec 27, 2012
Sold by
Martin Linda Gail
Bought by
Buckhead Ridge Christian Church Inc

Purchase Details

Closed on
Nov 14, 2002
Sold by
Pearce Mildred W
Bought by
Pearce Mildred W and Mildred W Pearce Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
K Rocker Inc $1,520,000 Attorney
Palmetto Okeechobee Sr 78 Llc $110,000 Attorney
Buckhead Ridge Christian Church Inc -- None Available
Buckhead Ridge Christian Church Inc -- Attorney
Pearce Mildred W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmetto Okeechobee Sr 78 Llc $1,156,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2015 07/30/15 Sold $110,000 -12.0% --
06/30/2015 06/30/15 Pending -- -- --
03/06/2014 03/06/14 For Sale $125,000 -- --
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 $16,517 $885,381 $215,883 $669,498
2024 $15,424 $897,796 $215,883 $681,913
2023 $15,424 $901,304 $215,883 $685,421
2022 $13,514 $721,402 $117,562 $603,840
2021 $13,181 $680,796 $129,319 $551,477
2020 $12,294 $634,158 $0 $0
2019 $12,277 $634,157 $129,318 $504,839
2018 $11,599 $593,800 $0 $0
2017 $2,342 $596,079 $117,249 $478,830
2016 $2,342 $117,249 $0 $0
2015 -- $93,629 $0 $0
2014 -- $93,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OK0207888

Stellar MLS

APN: S36-38-34-009-0011-0010