12245 NE 56th Ave, Okeechobee, FL 34972 — MLS photo

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12245 NE 56th Ave, Okeechobee, FL 34972

Active · SingleFamilyResidence

$3,500,000

12245 NE 56th Ave, Okeechobee, FL 34972

Beds
3
Baths
2
Living area
— sq ft
$ / sq ft
—
Year built
2001
Lot size
—
HOA fee
—
Annual tax
—

About this property

Sunniland Ranch Airport – Okeechobee, Florida Rarely available situated on 62.25 Acres private aviation ranch featuring its own approximately 1-mile private airstrip in the heart of Okeechobee. This unique property offers an exceptional opportunity for aviation enthusiasts, ranch owners, equestrians, and investors seeking a one-of-a-kind estate. The property includes a substantial 75' x 75' commercial aircraft hangar, complete with aviation fueling infrastructure including a 10,000-gallon AvGas tank, 10,000-gallon 100LL fuel storage, and a 400-gallon diesel tank with disposal system. The ranch residence features 3 bedrooms and 2 bathrooms, providing comfortable accommodations for owners, guests, or caretakers. Equestrian improvements include a horse stable, with ample room for riding, grazing, and expansion. two parcels are being sold together folio # 1-07-36-36-0A00-00001-B000 and 1-07-36-36-0A00-00001-E000 Listing Agent believes all information and measurements to be accurate; however, buyers and their agents are responsible for independently verifying all information, measurements, dimensions, zoning, permits, and any other facts deemed important to the purchase decision.

Property location

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12245 NE 56th Ave, Okeechobee, FL 34972

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Facts & features

Interior

Bedrooms
3
Bathrooms
2

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2001

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Okeechobee
MLS listing ID
A12028032
Listing status
Active

Investment intelligence

Yield & ROI calculator

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

Estimated monthly cash flow

-$6,850

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$16,592/mo
Down payment
$875,000
Loan amount
$2,625,000
Annual NOI
$116,900

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