1 month on rocket

581 SW 86th Ter, Okeechobee, FL, 34974

$575,000

Home List Price

$6,828*

Closing Credit

3 Bedrooms
2 Full Baths
1,985 SqFt
$290/SqFt
House

Location

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581 SW 86th Ter, Okeechobee$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2006
HeatingCentral
CoolingCentral Air
MLS #OK224577
Lot Size1.01 Acres
StatusActive

About 581 SW 86th Ter

Very well maintained custom built 3 bedroom, 2 bath, 2 car garage home on 1/2 acre lot with adjoining 1/2 acre building lot included, could build detached garage/workshop. Only 5 minutes to downtown Okeechobee . Home is located in Edgewater Acres, Southwest section of Okeechobee. Features formal living room, family room, formal dining room, screened rear porch, tile floors in the central part of home, with upgraded laminate in bedroom. Fully landscaped with mature trees in back yard, whole house generator with in ground propane tank. Lots of extra features. Truly a rare find with the additional building lot included.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 1,985 SqFt

Listing Office:

  • Office Name: LAKE O REAL ESTATE, LLC
  • Office Phone: (863) 763-5253
  • Listing Agent: James Jones

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring Type: Tile
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: French Doors, Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 581 SW 86th Ter
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Lot Features

Lot Information:

  • Lot Size: 1.01 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Drive West on State Road 70, turn left on SW 87th Terr, turn left on SW 5th Ln, turn right on SW 86th Ave, turn left on SW 7th Ln, turn left on SW 86th Terr. The property is on the left side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $290/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,667
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Okeechobee, FL.

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Okeechobee, FL

City

Med. Sold Price

$270K

Med. Price/SqFt

$191

Avg. Days On Market

66

# of Sold Homes

23

581 SW 86th Ter vs Okeechobee

54 DAYS ON ROCKET

-12 Days

$575,000

+$305K More

$290/SqFt

+$98 More

KEY TAKEAWAY

This property is $305K more than the Median Sold Price and $98/SqFt more than other homes in Okeechobee, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OK224577

Listing Office:

  • Office Name: LAKE O REAL ESTATE, LLC
  • Office Phone: (863) 763-5253
  • Listing Agent: James Jones

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 12:19:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 30, 2016Home Sold
$215,000
Sep 20, 2005Home Sold
$24,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $213,857
2019$2,667$191,454
2018$2,607$187,884
2017$2,004$184,020

History based on county public records data.

Payment Calculator

$2,962

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-969575
4
/10

  • Seminole Elementary School

  • 2690 NW 42nd Ave

  • 3.55 miles

  • Public District Grades KG-5

school-card-donut-969576
3
/10

  • Central Elementary School

  • 610 SW 5th Ave

  • 5.02 miles

  • Public District Grades KG-5

school-card-donut-969577
4
/10

  • South Elementary School

  • 2468 SW 7th Ave

  • 5.11 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,653. Typical income of Okeechobee, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 581 SW 86th Ter

What is the listing price of this property?

The listing price of 581 SW 86th Ter property is $575,000.

What type of property is this?

The property 581 SW 86th Ter is a house located in Okeechobee, Florida, 34974.

Is this property for sale now?

Active Listing: 581 SW 86th Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $2,667 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 30, 2016 for $215,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 581 SW 86th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 581 SW 86th Ter is 1,985 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 581 SW 86th Ter is 2006.

Rocket Homes›Florida›Okeechobee County›Okeechobee›34974›581 SW 86th Ter

This home is located at 581 SW 86th Ter in Okeechobee, FL and zip code 34974. This 1,985 square foot home, which was built in 2006, sits on a 1.01 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $575,000.

In November 2024 more than 5 listings in Okeechobee, FL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 13 were sold below. The number of homes for sale in Okeechobee, FL increased by 14.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $270,000, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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