$120,000
SOLD OCT 11, 2024

509 SW 39th Cove Okeechobee, FL 34974

0.07 Acre
$1,764,706 Price per Acre
2,962 Sq Ft Lot

Recently Sold

20% Below List Price

261 Days on Market

About This Lot

As of October 2024

Silver Palm 5 Star RV Resort.. UNIQUE, This is the place to be! Vacation paradise. Activity Calendar, Clubhouse, library, billiards, pickle ball, Card room, private owners lounge, pool, hot tub, pool bar.

Excellent interior lot. Over 1250 paver deck, 2015 10'x10' authentic Seminole Tiki, lot length over 77 LF

Close to town, shopping, dining, and just a hop from the famous Lake Okeechobee, Bass capital of the USA.
Guided trips, boat rentals.

Last Agent to Sell the Property

Nita Salmon

Remington Real Estate LLC License #3268539 Listed on: 01/09/2024

Last Buyer's Agent

Nita Salmon

Remington Real Estate LLC License #3268539 Listed on: 01/09/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,616

Lot Details

  • 2,962 Sq Ft Lot
  • Lot Dimensions are 45x215
  • South Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1-33-37-35-0040-00000-1060

Community Details

Overview

  • Property has a Home Owners Association
  • Silver Palms Subdivision

Recreation

  • Pickleball Courts

Property Details

Property Type

Land

Est. Annual Taxes

$1,616

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: < 1/4 Acre
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Sewer: Other
  • Utilities: Cable Available
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Home Owners Association, Pickleball
  • Association #2 Fee: 600.0
  • Association: Yes

Lot Info

  • Parcel #: 1-33-37-35-0040-00000-1060
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.068
  • Lot Size: 45x215
  • Number Of Lots: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1616.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Oct 11, 2024
Sold by
Farr Dana and Farr Karen
Bought by
Rasmussen Eric W
Seller's Agent
Nita Salmon
Remington Real Estate LLC
Buyer's Agent
Nita Salmon
Remington Real Estate LLC
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Views
39
Current Estimated Value
$123,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,074
Avg. Annual Appreciation
7.06%
Original Mortgage
$84,000
Outstanding Balance
$82,167
Interest Rate
5.47%
Mortgage Type
Credit Line Revolving
Estimated Equity
$43,616

Purchase Details

Listed on
Jan 9, 2024
Closed on
Oct 3, 2024
Sold by
Farr Dana and Farr Karen
Bought by
Rasmussen Eric W
Seller's Agent
Nita Salmon
Remington Real Estate LLC
Buyer's Agent
Nita Salmon
Remington Real Estate LLC
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$82,167
Interest Rate
5.47%
Mortgage Type
Credit Line Revolving
Estimated Equity
$43,616

Purchase Details

Closed on
Jun 11, 2021
Sold by
Seaman David L and Seaman Constance M
Bought by
Farr Dana and Farr Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2017
Sold by
Silver Palms Rv Resort Estates Llc
Bought by
Seaman David L and Seaman Constance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,725
Interest Rate
4.08%
Mortgage Type
Commercial
Source: Public Records

Similar Property in Okeechobee, FL

  • 502 SW 39th Cove, Okeechobee, FL 34974

    $140,000

    • Land
    • 0.07 Acre
    • $2,000,000 per Acre
    • 502 SW 39th Cove
    • Okeechobee, FL

    SILVER PALMS 5 STAR RV RESORT LOT 103: Outstanding opportunity.. corner lot across from pasture view. Newly rethatched Authentic Seminole Tiki w elect, admirable outdoor kitchen. Near club house with library, billiard room/card, gym, , pool, spa, pool bar, shuffle board, pickle ball courts, active calendar, private owner's guest facility, dog park, paved roads, downtown near by, shopping,

    Nita Salmon Remington Real Estate LLC

    Section Image
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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $120,000 Clear Title & Legal Services
Warranty Deed $100 Clear Title & Legal Services
Warranty Deed $88,000 Attorney
Special Warranty Deed $69,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,000 Credit Line Revolving
Previous Owner $61,600 Commercial
Previous Owner $51,725 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $120,000 -14.3% --
08/27/2024 08/27/24 Price Changed $140,000 +7.7% --
05/25/2024 05/25/24 Price Changed $130,000 -7.1% --
03/11/2024 03/11/24 Price Changed $140,000 -6.7% --
01/23/2024 01/23/24 For Sale $150,000 -- --
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
2024 $1,691 $145,502 $135,000 $10,502
2023 $1,615 $142,966 $135,000 $7,966
2022 $1,167 $73,544 $63,000 $10,544
2021 $1,121 $68,584 $63,000 $5,584
2020 $1,206 $75,584 $70,000 $5,584
2019 $1,124 $70,273 $65,000 $5,273
2018 $1,031 $60,273 $55,000 $5,273
2017 $927 $53,173 $0 $0
2016 $904 $52,673 $0 $0
2015 $908 $50,574 $0 $0
2014 -- $50,574 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nita Salmon

    Seller's Agent in 2024

    Nita Salmon

    Remington Real Estate LLC

    (863) 532-9096

    8 Total Sales

    Nita Salmon
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10417784

BeachesMLS (Greater Fort Lauderdale)

APN: R1-33-37-35-0040-00000-1060

Florida Okeechobee County Okeechobee 34974

509 SW 39th Cove, Okeechobee, FL

This home is located at 509 SW 39th Cove, Okeechobee, FL 34974 and is currently priced at $120,000. 509 SW 39th Cove is a home located in Okeechobee County with nearby schools including South Elementary School, Osceola Middle School, and Okeechobee 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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