5286 Southeast 43rd Trace

Okeechobee, FL 34974

$800,000
Price
Beds
1,298 Sq. Ft.
$616 / Sq. Ft.
1,298
Sq. Ft.
$616
per Sq. Ft.

Description

Investment property in Okeechobee! 4 townhomes with 3 units currently tenant occupied, lease ends 12/24. 4th unit serves as an Air BNB. Tenants are amazing. Property located on a cul-de-sac; rear units have spectacular water view. Two assigned parking spots for each unit, contain washer/dryers. Near town and main highway. Investors are welcome!Investment property in Okeechobee! 4 townhomes with 3 units currently tenant occupied, lease ends 12/24. 4th unit serves as an Air BNB. Tenants are amazing. Property located on a cul-de-sac; rear units have spectacular water view. Two assigned parking spots for each unit, contain washer/dryers. Near town and main highway. Investors are welcome!
  1. Listed by Maria Rosado • EXP Realty LLC

Property Details for 5286 Southeast 43rd Trace

Subdivision
KINGBAY
Waterfront
Yes
Waterfront Details
Lake Access
Style
WF/No Ocean Access
LISTING UPDATED: 11/14/2024 12:40 PM

Property Details for 5286 Southeast 43rd Trace

StatusActive
MLS #RX-10994427
Days on Market201
Taxes$9,283 / year
HOA Fees$232 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1985
Lot Size-
CountyOkeechobee County

Building Information for 5286 Southeast 43rd Trace

Stories2Residences4Year Built1985Building Size-Lot Size-

Property Information for 5286 Southeast 43rd Trace

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: 710 north to Okeechobee, turn left on 441 take to end, turn left on light, property is 4 miles on the left.
  • Geo Area: OK20
  • Street Number: 5286
  • Subdivision Complex Bldg: KINGBAY
  • Municipal Code: Okeechobee
  • State: FL
  • City Postal ID: 34974
  • MLS Area: 6220 - SE County (OK)
  • MLS Sub Area: OK20
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2023
  • Application Fee: $.00
  • HOA Dues: $232
Property
Lot Information
  • Area: 6220 - SE County (OK)
  • HOA Amenities: Mandatory
  • Lot Description: Cul-De-Sac
  • Parcel ID: 1313736001000030017d (30120)
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 1,584
  • Square Ft Source: Tax Rolls
  • Zoning: RESIDENTIAL
Property and Assessments
  • Legal Desc: REPLAT OF LOT 17, BLOCK 3, KINGS BAY (PLAT BOOK 6 PAGE) TRACT D
  • Sq Ft Liv Area: 1298.0
  • Legal Description: REPLAT OF LOT 17, BLOCK 3, KINGS BAY (PLAT BOOK 6 PAGE) TRACT D
Utilities
  • Utilities: None
Interior and Exterior Features
Exterior Features
  • Construction: Frame Construction, Frame With Stucco, Stucco Exterior Construction
  • Exterior Features: Fence, Open Patio
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: Tennis
  • Gated Community YN: No
Interior Features
  • Roof: Aluminum
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Central
  • Flooring: Tile
  • Heating: Central
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $50,808.00
  • Income & Expenses: Annual Total Expense: $17,792.00
  • Income & Expenses: Gross Operating Inc: $68,600.00
  • Tenant Pays: Electric, Water
Unit 1
  • Unit 1 Desc: A/C Unit, Disposal, Dryer, Kitchen, Laundry, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 2
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1,400
  • Unit 1 Info: SqFt: 1584.0
  • Unit 1 Parking: Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Dishwasher, Dryer, Kitchen, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector, Washer
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 2
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Lease Ends: 12-31-2024
  • Unit 2 Info: Monthly Income: $1,500
  • Unit 2 Info: SqFt: 1584.0
  • Unit 2 Parking: Space Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Dishwasher, Dryer, Kitchen, Laundry, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector, Washer
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Full Bath: 2
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Lease Ends: 12-31-2024
  • Unit 3 Info: Monthly Income: $1,500.00
  • Unit 3 Info: SqFt: 1584.0
  • Unit 3 Parking: Space Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Dishwasher, Dryer, Kitchen, Laundry, Microwave, Patio, Range - Electric, Refrigerator, Smoke Detector, Washer
  • Unit 4 Info: Bedrooms: 2
  • Unit 4 Info: Full Bath: 2
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Lease Ends: 12-31-2024
  • Unit 4 Info: Monthly Income: $1,300.00
  • Unit 4 Info: SqFt: 1584.0
  • Unit 4 Parking: Space Parking
Rental
Rental Information
  • Pets on Premises: No
  • Other Fees: $0

Property History for 5286 Southeast 43rd Trace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5286 Southeast 43rd Trace

Taxable ValueLand$4,400Additions$101,873Total$106,273
Tax Record2023$1,824 ($152 / month)
Home Facts
Beds2Total Finished SqFt1,584 SqFtAbove Grade Finished SqFt1,584 SqFtLot Size1,050 SqFtStyleCondominiumYear Built1985CountyOKEECHOBEEAPN1-31-37-36-0010-00030-017D

Schools near 5286 Southeast 43rd Trace

This home is within Okeechobee.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Everglades Elementary School
PublicPK to 5

Osceola Middle School
Public6 to 8

Okeechobee High School
Public9 to 12

Okeechobee Virtual Franchise
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5286 Southeast 43rd Trace is a multi-family home for sale in Okeechobee, FL 34974. This property was listed for sale on June 7, 2024 by EXP Realty LLC, it's currently listed at $800,000. It has been on the market for a total of 201 days and was last sold on December 21, 2016. This listing's school district is Okeechobee. Nearby schools include Everglades Elementary School, Osceola Middle School and Okeechobee High School. 5286 Southeast 43rd Trace is a 0-bed, 0-bath, 1,298 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EXP Realty LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.