NOT LISTED FOR SALE

554 SW 42nd Cove N Unit 14 Okeechobee, FL 34974

Estimated Value: $149,231 - $159,000

0.06 Acre
$2,568,600 Price per Acre
2,800 Sq Ft Lot

Last Sold March 05, 2024

Last sale price $150,000

Est. 3% increase in value since last sale

Current estimated payment $1,259/month

319 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Mature Landscaping
  • Pickleball Courts

About This Lot

As of March 2024

Silver Palms is a 5 star 90 acre gated community, located 1/2 North of Lake Okeechobee, the bass capital. Lushly landscaped with 14 X 1o tiki and shed( ready to finish to your specs). Fully deeded lot ownership. Daily activities with activity director, Clubhouse with daily activities . Relax by the poolside bar and grill while enjoying live music. Great opportunity for seasonal or year round resort lifestyle. Secure a place every year.

Last Agent to Sell the Property

Debra Luterman

ANDERSON REALTY Brokerage Phone: 863-634-4106 License #3083745 Listed on: 03/15/2023

Last Buyer's Agent

Carlie Lanier

ANDERSON REALTY License #3460389

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,350

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 40x70
  • North Facing Home
  • Mature Landscaping
  • Well Sprinkler System

HOA Fees

  • $295 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / 40
  • Assessor Parcel Number 1-33-37-35-0040-00000-0140

Community Details

Overview

  • Association fees include pool, recreational facilities, security, sewer, trash, water
  • Phil Dore Association, Phone Number (863) 467-5800
  • Silver Palms Rv Resort Subdivision
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Pickleball Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,350

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • HOA Fee Includes: Other, Pool, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Land
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2800
  • Directions to Property: GPS 1/2 mile from Lake Okeechobee
  • Status: Sold
  • Street Direction: SW
  • Street Post Direction: N
  • Ownership: Fee Simple
  • Escrow City: Okeechobee
  • Escrow State: FL
  • List Office Head Office Key Nume: 513322778
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 53.57
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Amenities Additional Fees: Bar and Grill
  • Attribution Contact: 863-634-4106
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 554

Exterior Features

  • Direction Faces: North
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 2500000
  • Easements: All Sides

Utilities

  • Utilities: Cable Available, Other, Public, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Golf Carts OK, Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Laundry, Pickleball Court(s), Pool, Shuffleboard Court, Spa/Hot Tub, Storage
  • Association Fee: 295
  • Association Fee Frequency: Monthly
  • Association Name: Phil Dore
  • Phone: 863-467-5800
  • Association: Yes
  • Security: Gated Community
  • Association 2 YN: 0
  • Pet Restrictions: No aggressive breeds
  • Association Fee Requirement: Required
  • Association Email: phil.dore@sunlandrvresorts.com
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 3540.00
  • Total Monthly Fees: 295.00
  • Monthly HOA Amount: 295.00

Lot Info

  • Zoning: RES
  • Parcel Number: 1-33-37-35-0040-00000-0140
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 40x70
  • Flood Zone Code: ae
  • Lot Size Square Meters: 260
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1350
  • Tax Block: 40
  • Tax Book Number: 8
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Mar 5, 2024
Sold by
Harmon Lyle K and Harmon Teresa G
Bought by
Charette Denis and Charette Denis
Seller's Agent
Debra Luterman
ANDERSON REALTY
Buyer's Agent
Carlie Lanier
ANDERSON REALTY
List Price
$189,900
Sold Price
$150,000
Premium/Discount to List
-$39,900
-21.01%
Views
201
Current Estimated Value
$154,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,116
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Mar 21, 2019
Sold by
Urquhart Kevin M and Urquhart Dawn M
Bought by
Harmon Lyle K and Harmon Teresa G

Purchase Details

Closed on
Dec 27, 2013
Sold by
Collins Hobart P and Collins Mary R
Bought by
Urquhart Kevin M and Urquhart Dawn

Purchase Details

Closed on
Apr 13, 2010
Sold by
Silver Palms Rv Llc
Bought by
Collins Hobart P and Collins Mary R
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Charette Denis $150,000 None Listed On Document
Harmon Lyle K $95,000 Okee Tantie Title Co Inc
Urquhart Kevin M $63,000 None Available
Collins Hobart P $64,900 Okee Tantie Title Co Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $150,000 -11.7% --
01/29/2024 01/29/24 Pending -- -- --
01/18/2024 01/18/24 Price Changed $169,900 -5.6% --
11/08/2023 11/08/23 Price Changed $179,900 -2.7% --
06/05/2023 06/05/23 Price Changed $184,900 -2.6% --
03/15/2023 03/15/23 For Sale $189,900 -- --
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
2024 $1,802 $155,998 $135,000 $20,998
2023 $1,708 $150,828 $135,000 $15,828
2022 $1,274 $84,760 $63,000 $21,760
2021 $1,166 $71,702 $63,000 $8,702
2020 $1,275 $78,702 $70,000 $8,702
2019 $1,151 $73,045 $65,000 $8,045
2018 $1,057 $62,896 $55,000 $7,896
2017 $966 $55,775 $0 $0
2016 $945 $55,275 $0 $0
2015 $989 $55,469 $0 $0
2014 -- $55,469 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OK222608

Stellar MLS

APN: R1-33-37-35-0040-00000-0140