NOT LISTED FOR SALE

2902 SE 28th St Okeechobee, FL 34974

-- Bed
-- Bath
2,912 Sq Ft
1967 Built

Last Sold June 28, 2018

Last sale price $545,000 $187 Per Sq Ft

44 Days on Market

Highlights

  • Lake Front
  • Canal Access
  • Screened Porch
  • Home fronts a creek
  • Deck
  • Cul-De-Sac

About This Home

As of June 2018

Waterfront turnkey multi-unit investment property. Cypress Point, a Tropical paradise, awaits on this .81 acre parcel with water on three sides. This peninsula shaped property is located on the wide water of Taylor Creek about 1 minute by boat from Lake Okeechobee - the Bass Capital of the World. Units include a CBS 2/1, a restored 1940's 2/1 Cracker Cottage, 3 manufactured homes, one lot which is rented, and 4 docks. All units have separate electric meters and are fully furnished - many are rented to long-term tenants. Property is gated and beautifully landscaped with huge Cypress Trees. Perfect property for owner/manager or investor. Loads of potential with Bass Pro Resort coming soon to Okeechobee.

Last Agent to Sell the Property

Derik Baumgartner, PA, GRI, SFR

Berkshire Hathaway Florida Rea License #3156049 Listed on: 04/14/2018

Berkshire Hathaway Florida Rea

Co-Listed By

Marianne Windridge

Berkshire Hathaway Florida Rea License #629929

Last Buyer's Agent

Non-Member Mls Agent

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1967

Lot Details

  • Home fronts a creek
  • Lake Front
  • Home fronts navigable water
  • Waterfront Tip Lot
  • Cul-De-Sac

Property Views

  • Lake
  • Canal

Home Design

  • Shingle Roof
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 2,912 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Screened Porch
  • Vinyl Flooring

Outdoor Features

  • Canal Access
  • Deck
  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1253735001000090001a

Community Details

Overview

  • 4 Units
  • Taylor Creek Subdivision

Building Details

  • Operating Expense $15,620
  • Net Operating Income $49,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,731

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: 441 to SE 48th to 28th St
  • Year Built: 1967
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 2912.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Deck, Enclosed Porch, Patio, Shed
  • View: Canal, Lake
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Canal Access, Creek, Lake Front, Navigable Water, Point Lot
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent, Seller Disclosure
  • Construction Type: Block, Manufactured
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Metal, Other, Shingle

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 1253735001000090001a
  • Zoning Description: Mulit Fa

Multi Family

  • Property Net Operating Income: 49630.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 15620.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3731.0

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2018 06/28/18 Sold $545,000 0.0% $187 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $545,000 -- $187 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $8,520 $360,560 $125,000 $235,560
2024 $7,979 $332,772 $112,000 $220,772
2023 $7,736 $324,913 $99,000 $225,913
2022 $6,497 $302,057 $99,000 $203,057
2021 $5,664 $231,966 $66,000 $165,966
2020 $5,412 $214,818 $66,000 $148,818
2019 $5,028 $194,856 $55,000 $139,856
2018 $4,248 $169,086 $0 $0
2017 $3,731 $159,562 $0 $0
2016 $3,221 $126,866 $0 $0
2015 $3,275 $125,692 $0 $0
2014 -- $120,454 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller Co-Listing Agent in 2018

    Marianne Windridge

    Berkshire Hathaway Florida Rea

    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Mls Agent

  • N

    Buyer's Agent in 2018

    Non-Member

    Non-Member Selling Office

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10423169

BeachesMLS (Greater Fort Lauderdale)
Florida Okeechobee County Okeechobee 34974

2902 SE 28th St, Okeechobee, FL

Not Listed for Sale

MultiFamily

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