NOT LISTED FOR SALE

6070 U S 441 Okeechobee, FL 34974

Estimated Value: $175,000 - $1,234,189

3 Beds
2 Baths
115,046 Sq Ft
$6/Sq Ft Est. Value

Last Sold January 01, 2020

Last sale price $690,500 $6 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,995/month

28 Days on Market

Highlights

  • 2.6 Acre Lot
  • Cooling Available
  • Heating Available
  • No HOA

About This Home

As of January 2020

DISCOUNTED INVESTMENT PROPERTY. Beautiful waterfront mobile home and RV park!!! Only $11,583 per pad!!! Insane cashflow, 23%+ net proforma return with 80% average occupancy!! CLEAN ENVIRONMENTAL REPORT IS AVAILABLE!!! Property consists of 60 rental pads and a single family house. Separate electric meters. Well and septic system in place. Boat parking available and can be rented for additional income. All parks in the area have 100% occupancy at $400+/month on each lot. This park will generate $299,400+ with all units rented at $400+/month. Additional $10,000 to $20,000 can be generated from slip rentals. Very inexpensive property to own and operate as pads do not need maintenance. Beautiful view. Priced at a discount for a quick sale. Value add opportunity or long term hold. Perfect for retirement and fishing lifestyle.

Last Agent to Sell the Property

James Villarroel

REALPRO INC License #3009858 Listed on: 11/20/2019

Last Buyer's Agent

James Villarroel

REALPRO INC License #3009858 Listed on: 11/20/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,880

Year Built

  • Built in 1961

Lot Details

  • 2.6 Acre Lot

Home Design

  • 115,046 Sq Ft Home
  • Slab Foundation
  • Block Exterior

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 61 Units
  • Great Lakes Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,880

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 115046
  • Lot Size Acres: 2.6
  • New Construction: No
  • Year Built: 1961
  • Lot Size Sq Ft: 115046
  • Directions to Property: Continue straight onto SW Warfield Blvd Continue straight onto FL-710 W/SW Warfield Blvd Continue to follow FL-710 W Turn left onto SE 86th Blvd Turn right onto US-441 N/US-98 N Destination will be on the left
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6107996?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6107996?w=Customer
  • Unit Count: 2
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.99353
  • Price per Sq Ft: 6
  • Close to Original List Price Ratio: 0.99353
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Street Number Modifier: 6070
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling: Other
  • Heating: Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: MF
  • Parcel Number: 1-06-38-36-0A00-00014-0000
  • Additional Parcels: No
  • Lot Dimensions: 0
  • Flood Zone Code: 120177
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 61

Tax Info

  • Tax Annual Amount: 5880
  • Tax Block: N/A
  • Tax Book Number: N/A
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2020
Sold by
Rock It Properties I Llc
Bought by
Dhs Properties Llc
Current Estimated Value
$704,595

Purchase Details

Listed on
Nov 20, 2019
Closed on
Dec 30, 2019
Sold by
Rock It Properties I Llc
Bought by
Dhs Properties Llc
Seller's Agent
James Villarroel
REALPRO INC
Buyer's Agent
James Villarroel
REALPRO INC
List Price
$695,000
Sold Price
$690,500
Premium/Discount to List
-$4,500
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.35%
Original Mortgage
$621,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 20, 2019
Closed on
Nov 7, 2019
Sold by
East Rim Canal Estates Llc
Bought by
Rock It Properties 1 Llc
Seller's Agent
James Villarroel
REALPRO INC
Buyer's Agent
James Villarroel
REALPRO INC
List Price
$695,000
Sold Price
$690,500
Premium/Discount to List
-$4,500
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 6, 2017
Sold by
Be A Man Buy Land Llc
Bought by
Price Sharon Jean and Hungford Steven Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2005
Sold by
Kresser Frederick B
Bought by
East Rim Canal Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.28%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 13, 2002
Sold by
Landis Darrell K and Landis Carol L
Bought by
Kresser Frederick B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.15%
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
Dhs Properties Llc -- None Available
Dhs Properties Llc $690,500 Attorney
Rock It Properties 1 Llc $440,000 Attorney
Price Sharon Jean $32,000 Attorney
East Rim Canal Estates Llc $894,000 None Available
Kresser Frederick B $549,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dhs Properties Llc $621,000
Previous Owner Price Sharon Jean $31,000
Previous Owner East Rim Canal Estates Llc $500,000
Previous Owner Kresser Frederick B $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2020 01/01/20 Sold $690,500 -0.6% $6 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
11/18/2019 11/18/19 For Sale $695,000 -- $6 / Sq Ft
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 $15,102 $1,260,842 $1,143,740 $117,102
2023 $13,913 $1,151,103 $1,039,754 $111,349
2022 $12,203 $932,116 $831,782 $100,334
2021 $9,878 $666,076 $665,415 $661
2020 $8,855 $548,527 $492,100 $56,427
2019 $7,846 $475,443 $420,460 $54,983
2018 $8,939 $633,016 $588,544 $44,472
2017 $7,316 $445,135 $0 $0
2016 $6,995 $403,800 $0 $0
2015 $6,691 $367,513 $0 $0
2014 -- $319,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Villarroel

    REALPRO INC

    (954) 999-2895

    20 Total Sales

    James Villarroel
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Map

Source: Stellar MLS

MLS Number: N6107996

Stellar MLS

APN: R1-06-38-36-0A00-00014-0000

Florida Okeechobee County Okeechobee 34974

6070 U S 441, Okeechobee, FL

This home is located at 6070 U S 441, Okeechobee, FL 34974 since 20 November 2019 and is currently estimated at $704,595, approximately $6 per square foot. This property was built in 1961. 6070 U S 441 is a home located in Okeechobee County with nearby schools including Everglades 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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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