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    Property profile & analytics

    1101 Parrott Ave Okeechobee, FL 34972-2128

    • Medical offices
    • 1,256 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $1,295,000
    Last Sale
    Apr 21, 2022
    $1,325,000
    Location Intelligence
    Property ID
    US18-8282801
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • VITAS Healthcare / Hospice / Local Medical Services
    • Akhtar Baseem MD / Doctor

    Property Details for 1101 Parrott Ave

    Year built
    1997
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Property size
    1,256 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    3-16-37-35-0010-00000-0010
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,185,000
      6.5%
      $1,190,000
      7%
      $1,405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,545,000
      Geo Method
      $1,485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,285,000
      Retail
      $1,535,000
      Mixed-Use
      $1,420,000
      Hospitality
      $1,220,000
      Educational
      $1,505,000
      Residential Income
      $1,145,000
      Energy
      $1,475,000
      Income-Based Land
      $1,235,000
      Food Service
      $1,515,000

    Location Insight

    • Map
    • Local Demand
    City
    Okeechobee
    County
    Okeechobee
    State
    Florida
    Longitude
    -80.8304
    Latitude
    27.255
    CBSA code
    36380
    CBSA name
    OKEECHOBEE, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,416
    $18,840
    $94,109
    $112,949
    -
    $18,840
    $94,109
    $112,949

    Comparable in this City

    • Value Estimation
      $125,000
      1,490 SF

      265 19th Dr

      MEDICAL BUILDING • 1,490 SF
      265 19th Dr, Okeechobee, FL 34972-1933
      View Details
    • Value Estimation
      $350,000
      3,371 SF

      1713 Us Hwy 441st N

      MEDICAL BUILDING • 3,371 SF
      1713 Us Hwy 441st N, Okeechobee, FL 34972-1900
      View Details
    • Value Estimation
      $400,000
      4,175 SF

      1713 Us Hwy 441st N

      MEDICAL BUILDING • 4,175 SF
      1713 Us Hwy 441st N, Okeechobee, FL 34972-1900
      View Details
    • Value Estimation
      $330,000
      1,957 SF

      2027 Us Hwy 441st N

      MEDICAL BUILDING • 1,957 SF
      2027 Us Hwy 441st N, Okeechobee, FL 34972-1901
      View Details
    • Value Estimation
      $235,000
      4,084 SF

      204 Park St

      MEDICAL BUILDING • 4,084 SF
      204 Park St, Okeechobee, FL 34972-2967
      View Details
    • Value Estimation
      $370,000
      5,728 SF

      1004 Parrott Ave

      MEDICAL BUILDING • 5,728 SF
      1004 Parrott Ave, Okeechobee, FL 34972-2110
      View Details

    Similar Nearby for Sale

    • $595,000
      3,391 SF

      Move-in Ready Medical Office Building

      Well-maintained medical office in prime location across from HCA Hospital.
      1713 Hwy 441 N, Okeechobee, FL 34972
      View Details
    • $375,000
      0.05 Acres

      Turnkey Medical Suite For Sale

      Turnkey medical suite with exam rooms, offices, and private entry.
      1713 Us Highway 441 N, Okeechobee, FL 34972
      View Details
    • $239,000
      1,432 SF

      OKEECHOBEE MEDICAL PARK

      MEDICAL PROFESSIONAL OFFICE
      1713 Us Highway 441, Okeechobee, FL 34972
      View Details
    • $1,075,000
      6,411 SF

      WITHIN WALKING DISTANCE {SIDEWALKS} OF THE HISTORIC COUNTY COURTHOUSE

      AS WELL AS
      180a 3Rd Ave, Okeechobee, FL 34972
      View Details
    • $400,000

      Highway 70 Versatile Investment Property

      Grandfathered residential property on HWY 70, suitable for commercial ventures.
      2130 State Road 70, Okeechobee, FL 34972
      View Details
    • $3,075,000
      44.04 Acres

      Luxury Florida Ranch Estate

      44-Acre Estate, Mediterranean Villa
      9999 120Th St, Okeechobee, FL 34972
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    Similar Nearby for Lease

    • $23 SF/Yr
      52,000 SF

      Raulerson Medical Office Suites

      Modern Medical Office Space Available
      1796 Us-441, Okeechobee, FL 34972
      View Details
    • $19 SF/Yr
      3,442 SF

      Okeechobee Office Space Available

      Office space available for lease in Okeechobee, Florida.
      208 SE Park St, Okeechobee, FL 34972
      View Details
    • Contact for pricing
      30,660 SF

      Retail/Industrial/Flex Space Available

      Retail, industrial, or flex space with high street visibility.
      3601 Us Highway 441 S, Okeechobee, FL 34972
      View Details
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    Okeechobee, FL 34972-2128
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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
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