NOT LISTED FOR SALE

4150 SE 37th Way Okeechobee, FL 34974

-- Bed
-- Bath
2,289 Sq Ft
0.64 Acres

Last Sold December 21, 2021

Last sale price $229,000 $100 Per Sq Ft

99 Days on Market

Highlights

  • RV Garage
  • View of Trees or Woods
  • No HOA
  • Senior Community
  • 0.64 Acre Lot
  • Separate Outdoor Workshop

About This Home

As of December 2021

Triplex consisting of a single family home with two bedrooms/two bathrooms plus a duplex with two one bedroom/one bath units. This property stays rented on yearly leases. Total income yearly is $29,220 or $2,435 monthly. Expenses are tax -$2,320, Insurance $2100, water $840, lawn care $1200 both yearly. Total income $29,220 minus total expenses $6,460 - $22,760 net.The property is well-maintained by a professional management company that can be retained if needed. Tenants pay electric/Trash and it stays 100% occupied on 12 month leases.. Both buildings have metal roofs. There is a laundry room and a large multiple car carport on the back of the property which is rented out at $35 per month. The single family home has a carport as well. See photos. There are NO tenants getting government assistance on rent and there are NO tenants behind on rent.
House rented at $1,000 lease end date 4/2021
A. 1/1 - rents for $600 lease end date 4/2022
B 1/1 - rents for $600 lease end date 6/2022

Last Agent to Sell the Property

Alex Williams

DALTON WADE INC License #3375121 Listed on: 08/23/2021

DALTON WADE INC

Last Buyer's Agent

Alex Williams

DALTON WADE INC License #3375121 Listed on: 08/23/2021

DALTON WADE INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1990

Lot Details

  • 0.64 Acre Lot

Parking

  • 7 Car Attached Garage
  • 2 Carport Spaces
  • Parking Pad
  • Open Parking
  • Off-Street Parking
  • RV Garage
  • Golf Cart Garage

Home Design

  • Triplex
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,289 Sq Ft Home
  • Window Treatments
  • Ceramic Tile Flooring
  • Views of Woods

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, trash collection, water
  • Legal Lot and Block 3 / 205
  • Assessor Parcel Number R1-36-37-35-0A00-00015-O000

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 3 Units
  • 2,746 Sq Ft Building
  • Gov Lot 3 Subdivision

Building Details

  • Gross Income $29,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,320

Year Built

Built in 1990

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2289
  • Lot Size Acres: 0.64
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 2746
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 27704
  • Tenant Pays: Electricity, Trash Collection, Water
  • Directions to Property: Take Highway 441 to SE 40th Terrace turn north then left on 37th way property is on the right.
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8134492?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8134492?w=Customer
  • Unit Count: 3
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 100.04
  • Close to Original List Price Ratio: 0.6274
  • Ratio: Current Price\Building Area Total: 83.39
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Thermostat, Window Treatments
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 4150
  • Number Of Buildings: 3

Exterior Features

  • Other Structures: Other, Shed(s), Storage, Workshop
  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12093C0485C

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 7
  • Garage Yn: Yes
  • Parking Features: Covered, Golf Cart Garage, Guest, Off Street, Open, Other, Oversized, Parking Pad, RV Garage
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Lot Info

  • Zoning: RINC
  • Parcel Number: R1-36-37-35-0A00-00015-O000
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X500
  • Flood Zone Date: 2015-07-16

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2435

Multi Family

  • Gross Income: 29220
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2320
  • Tax Block: 205
  • Tax Book Number: 116
  • Tax Lot: 3

Range of Values:

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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 Change Sq Ft Price
12/21/2021 12/21/21 Sold $229,000 0.0% $100 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/22/2021 11/22/21 Price Changed $229,000 0.0% $100 / Sq Ft
11/22/2021 11/22/21 For Sale $229,000 -17.9% $100 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/03/2021 11/03/21 Price Changed $279,000 -3.8% $122 / Sq Ft
10/18/2021 10/18/21 For Sale $290,000 0.0% $127 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/23/2021 09/23/21 Price Changed $290,000 -3.0% $127 / Sq Ft
09/23/2021 09/23/21 Price Changed $299,000 -6.6% $131 / Sq Ft
09/08/2021 09/08/21 Price Changed $320,000 -7.2% $140 / Sq Ft
09/03/2021 09/03/21 Price Changed $345,000 -5.5% $151 / Sq Ft
08/23/2021 08/23/21 For Sale $365,000 -- $159 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8134492

Stellar MLS

APN: 1-36-37-35-0A00-00015-O000