Pending

Price cut: $89K (9/13)

$425,000

1501 SE 8TH Drive, Okeechobee, FL 34974

3beds

2,646sqft

$2,985/mo

Get pre-qualified

Single Family Residence

Built in 1969

1.05 Acres Lot

$399,800 Zestimate^®

$161/sqft

$-- HOA

What's special

Majestic mature oak treesSeparate denExceptional floor planOversized primary suiteNewer metal roofFormal dining roomCircular driveway

CASH ONLY MUST CLOSE ASAP Rare opportunity to own one of the largest homesites in the neighborhood! Situated on approximately 1.25 acres across two parcels with road frontage on three sides, this custom 3BR/2.5BA home offers endless potential. Features include a formal living room, formal dining room, separate den, oversized primary suite, and a screened sunroom with tongue-and-groove wood ceilings and exposed beams overlooking the heated pool and spa inside a huge screened enclosure. The living room also features matching wood ceilings. Additional highlights include a newer metal roof, whole-house generator, city water & sewer, circular driveway, and majestic mature oak trees. While the interior could use updating, the home has great bones and an exceptional floor plan in a one-of-a-kind.

78 days
331
12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Level: First
Area: 390
Dimensions: 13 X 30

Kitchen

Area: 192
Dimensions: 12 X 16

Living room

Area: 408
Dimensions: 17 X 24

Heating

Central

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dryer, Dishwasher, Electric Range, Microwave, Range, Refrigerator, Washer
Laundry: Inside, Laundry Room

Features

Built-in Features, Cathedral Ceiling(s), High Ceilings, Multiple Primary Suites, Pantry, Sitting Area in Primary, Storage, Tub Shower, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Carpet, Terrazzo, Tile, Vinyl
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 3,786
Total interior livable area: 2,646 sqft

Video & virtual tour

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Property

Parking

Total spaces: 8
Parking features: Attached, Circular Driveway, Driveway, Detached, Garage
Attached garage spaces: 4
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Exterior features: Storage
Has private pool: Yes
Pool features: Electric Heat, In Ground, Private, Screen Enclosure, Pool/Spa Combo
Has spa: Yes
Spa features: In Ground
Fencing: Back Yard,Chain Link,Fenced

Lot

Size: 1.05 Acres
Features: 1-2 Acres, Oversized Lot, Many Trees

Details

Additional structures: Garage(s), Outbuilding, Shed(s), Storage
Parcel number: 12737350010000000010
Zoning: RES
Special conditions: Probate Listing
Other equipment: Generator

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Block, Stone
Foundation: Slab
Roof: Metal

Condition

Resale
New construction: No
Year built: 1969

Utilities & green energy

Electric: Generator
Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: OKEECHOBEE ESTATES 2ND

HOA

Has HOA: No

Location

Region: Okeechobee

Financial & listing details

Price per square foot: $161/sqft
Tax assessed value: $178,508
Annual tax amount: $2,537
Date on market: 7/18/2026
Cumulative days on market: 78 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

Estimated market value

$399,800

$380,000 - $420,000

$3,481/mo

Price history

Date	Event	Price
9/14/2026	Pending sale	$425,000$161/sqft
Source: BeachesMLS #B26053875 Report a problem
9/13/2026	Price change	$425,000-17.3%$161/sqft
Source: BeachesMLS #B26053875 Report a problem
8/21/2026	Price change	$514,000-2.8%$194/sqft
Source: BeachesMLS #B26053875 Report a problem
7/28/2026	Price change	$529,000-3.6%$200/sqft
Source: BeachesMLS #B26053875 Report a problem
7/18/2026	Price change	$549,000-12.2%$207/sqft
Source: BeachesMLS #B26053875 Report a problem
6/30/2026	Price change	$625,000-3.8%$236/sqft
Source: Owner Report a problem
6/23/2026	Listed for sale	$650,000+1429.4%$246/sqft
Source: Owner Report a problem
2/10/2004	Sold	$42,500-31.5%$16/sqft
Source: Agent Provided Report a problem
4/28/1998	Sold	$62,000+37.8%$23/sqft
Source: Agent Provided Report a problem
1/23/1998	Sold	$45,000$17/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,537 +3.8%	$178,508 +2.9%
2024	$2,445 +3.8%	$173,477 +3%
2023	$2,356 +4.6%	$168,424 +3%
2022	$2,253 +3.8%	$163,518 +3%
2021	$2,170 +1%	$158,755 +1.4%
2020	$2,149	$156,563 +2.3%
2019	$2,149 +2.8%	$153,043 +1.9%
2018	$2,091	$150,189 +2.1%
2017	--	$147,100 +2.1%
2016	$2,047	$144,074 +0.7%
2015	$2,047 -2.8%	$143,072 +0.8%
2014	$2,106	$141,937 -0.5%
2013	--	$142,645 -2.8%
2012	--	$146,782 -0.5%
2011	--	$147,490 -26.7%
2010	--	$201,315 -0.2%
2009	--	$201,776 +1.7%
2008	--	$198,452 +3%
2007	--	$192,672 +2.5%
2006	--	$187,973 +1.4%
2005	--	$185,343 +3%
2004	--	$179,945 +4%
2003	--	$172,991 +6.4%
2002	--	$162,557 +5.6%
2001	--	$153,875 +3.3%
2000	--	$149,030