NOT LISTED FOR SALE

2902 SE 28th St Okeechobee, FL 34974

-- Bed
5 Baths
2,912 Sq Ft
1967 Built

Sale Details

Date Sold: June 28, 2018

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

57 Days on Market

Highlights

  • Boathouse
  • Home fronts a creek
  • Deck
  • Lake Front
  • Canal Access
  • Outdoor Living Area

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 Realty License #629929

Last Buyer's Agent

Non-Member

Non-Member Selling Office

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
  • Paved or Partially Paved Lot

Property Views

  • Lake
  • Canal

Home Design

  • Quadruplex
  • Composition Roof
  • Metal Roof

Interior Spaces

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

Outdoor Features

  • Canal Access
  • Boathouse
  • Deck
  • Patio
  • Outdoor Living Area
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1253735001000090001a

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Taylor Creek Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Building Details

  • Gross Income $65,250
  • Net Operating Income $49,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,731

Year Built

Built in 1967

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: 441 to SE 48th to 28th St
  • Year Built: 1967
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Manufactured House
  • Pets No Pets Comments: Total Weight Limit Of Pets:100
  • MaximumPetWeight: 100
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Exterior Features: Outdoor Living Area, Porch
  • View: Canal, Lake
  • Lot Features: Cul-De-Sac
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • 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, Concrete
  • Other Structures: Shed(s), Boat House
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Metal, Other

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Number Limit, Size Limit

Lot Info

  • Parcel #: 1253735001000090001a
  • Mobile Dim Units: Feet
  • Zoning: Mulit Family

Rental Info

  • Tenant Pays: None

Multi Family

  • Property Net Operating Income: 49630.0
  • Number Of Units Total: 4
  • Annual Gross Income: 65250.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3731.0
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10423169

BeachesMLS (Greater Fort Lauderdale)
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