2897 NW 37th Avenue, Okeechobee, FL 34972 — MLS photo

Active · SingleFamilyResidence

$380,000

2897 NW 37th Avenue, Okeechobee, FL 34972

Beds: 3
Baths: 2
Living area: 1,885 sq ft
$ / sq ft: $202/sq ft
Year built: 2025
Lot size: 9,375 sq ft
HOA fee: —
Annual tax: $326

About this property

New Construction: 3 Bed, 2 Bath, 2-Car Garage Welcome home to this beautifully built new construction featuring 3 spacious bedrooms and 2 full baths. Enjoy upscale appliances, generous walk-in closets, and a stunning master suite complete with a double vanity and spa-like walk-in shower. Conveniently located just minutes from shopping, dining, and everyday essentials, this home offers the perfect blend of modern comfort and prime location. Don't miss your opportunity to own this move-in ready gem!

Property location

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2897 NW 37th Avenue, Okeechobee, FL 34972

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Living area: 1,885 sq ft
Flooring: Other
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Cooling: Ceiling Fans
Heating: Central
Interior features: Dual Sinks, Kitchen Island, Walk In Closets, Pantry
Furnished: Unfurnished

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 2025
Stories: 1
Lot size: 9,375 sq ft
Roof: Aluminum
Construction: CBSConcrete Block Structure, Block
Exterior features: None
Pool: None

Parking

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

HOA, Community & Financials

Amenities: None
Pets allowed: No
Annual tax: $326
Subdivision: Basswood
County: Okeechobee
Days on market: 231
MLS listing ID: R11162939
Listing status: Active

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Yield & ROI calculator

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

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Estimated monthly cash flow

$1,944

Cap rate: 11.8%
Net yield: 11.8%
Cash-on-cash return: 21.9%
Gross yield: 14.0%
Mortgage payment: $1,801/mo
Down payment: $95,000
Loan amount: $285,000
Annual NOI: $44,944

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