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    12963 Hwy 441 Okeechobee, FL 34974

    For Sale
    $3,000,000

    20 Acres, 3 Homes, Event Venue

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 20.2-acre commercial property in Okeechobee, Florida, presents a unique investment opportunity. The land encompasses three existing homes: a 4-bedroom, 2-bathroom residence with a 2-car garage totaling 3335 square feet

    Property Features for 12963 Hwy 441

    General Information

    Property type
    Land
    Lot Size
    879,912 SF

    HighLights

    • 20.2‑acre commercial land in Okeechobee, FL, ideal for investment.
    • Includes a 3,335 sq ft, 4‑bedroom, 2‑bath home with a 2‑car garage.
    • Property features three existing homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Okeechobee
    County
    12093
    State
    Florida
    Longitude
    -80.6911831
    Latitude
    27.1429512

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    FAQs

    What type of property is this?
    Land - 20 Acres, 3 Homes, Event Venue
    Where is this land located?
    The property is located at 12963 Hwy 441 Okeechobee, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 20.2-acre commercial land in Okeechobee, FL, ideal for investment.; Includes a 3,335 sq ft, 4-bedroom, 2-bath home with a 2-car garage.; Property features three existing homes.
    Request Owner's contact information
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    Okeechobee, FL 34974
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12963 Hwy 441 Okeechobee, FL 34974
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