Cays Realty
1165 SE 40th Avenue, Okeechobee, FL 34974 — MLS photo

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1165 SE 40th Avenue, Okeechobee, FL 34974

Active · SingleFamilyResidence

$320,000

1165 SE 40th Avenue, Okeechobee, FL 34974

Beds
3
Baths
2
Living area
1,555 sq ft
$ / sq ft
$206/sq ft
Year built
2006
Lot size
9,630 sq ft
HOA fee
—
Annual tax
$1,167

About this property

Motivated Seller! Incredible value on this fantastic property featuring major updates and absolute freedom—NO HOA! Upgrades include a brand-new 2026 metal roof and 2026 HVAC system, plus a 2-year-old water heater, giving you peace of mind and worry-free living for years to come. Perfectly maintained and ready for its next owner. Bring your offers!! Additional highlights include a two-car garage, concrete driveway, and hurricane panels for peace of mind, this property presents an excellent opportunity for a primary residence or investment.

Property location

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1165 SE 40th Avenue, Okeechobee, FL 34974

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,555 sq ft
Flooring
Carpet, Vinyl
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Kitchen Island, Kitchen Dining Combo, Main Level Primary, Split Bedrooms, Shower Only, Vaulted Ceilings, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2006
Stories
1
Lot size
9,630 sq ft
Roof
Composition, Shingle
Construction
Block
Exterior features
Fence, Patio, Room For Pool, Storm Security Shutters
Pool
None
View
Garden

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$0
Security
Intercom
Pets allowed
No
Annual tax
$1,167
Subdivision
CONNORS GABLES REVISED
County
Okeechobee
Days on market
357
MLS listing ID
R11135579
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$1,510

Cap rate
11.4%
Net yield
11.4%
Cash-on-cash return
20.2%
Gross yield
13.8%
Mortgage payment
$1,517/mo
Down payment
$80,000
Loan amount
$240,000
Annual NOI
$36,326

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.