Sold for $600,000

$600,000

221 SW 72ND TERRACE, OKEECHOBEE, FL 34974

3beds

1,792sqft

Single Family Residence

Built in 1986

5.43 Acres Lot

$604,800 Zestimate^®

$335/sqft

$2,590 Estimated rent

Home value

$604,800

Estimated sales range

Not available

$2,590/mo

Zestimate^® history

Owner options

List your home for rent

$2,590/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,590/mo

Rent Zestimate^®

Refinance and save

$4,114/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$4,114/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Oversized islandHuge lanaiBonus roomBuilt-in ovenZoned for livestockWood burning fireplaceStunning kitchen

Welcome to country living at its finest! This beautifully updated 3-bedroom, 2-bath home with a BONUS ROOM is situated on over 5 acres of peaceful land, perfect for those seeking space, privacy, and a touch of rural charm. Zoned for livestock, you’ll have plenty of room to bring your animals along with you. The home features a stunning kitchen with a built-in oven and an oversized island, ideal for cooking and entertaining. Relax and enjoy the outdoors from the huge lanai with its own wood burning fireplace. The home also features a 1 YEAR NEW ROOF for peace of mind. Just 15 minutes from Lake Okeechobee Park and 10 minutes from shopping and dining, this location offers both tranquility and convenience. Don’t miss out on this one-of-a-kind opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bonus Room

Primary bedroom

Features: Walk-In Closet(s)
Level: First
Dimensions: 14x17

Bedroom 2

Features: Built-in Closet
Level: First
Dimensions: 12x11

Bedroom 3

Features: Built-in Closet
Level: First
Dimensions: 12x11

Balcony porch lanai

Level: First

Bonus room

Features: No Closet
Level: First
Dimensions: 10x10

Kitchen

Level: First

Laundry

Level: First
Dimensions: 6x9

Living room

Level: First

Heating

Central

Cooling

Central Air

Appliances

Included: Oven, Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Water Softener
Laundry: Inside, Laundry Room

Features

Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s)
Flooring: Porcelain Tile
Doors: Sliding Doors
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 2,932
Total interior livable area: 1,792 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Attached
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Covered, Rear Porch, Screened

Lot

Size: 5.43 Acres
Features: Cleared, Zoned for Horses
Residential vegetation: Mature Landscaping, Trees/Landscaped

Details

Additional structures: Shed(s)
Parcel number: R12337340010000340000
Zoning: RSF-E
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block, Stone, Stucco
Foundation: Slab
Roof: Metal

Condition

New construction: No
Year built: 1986

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: LAZY SEVEN RANCH ACRES

HOA

Has HOA: No

Location

Region: Okeechobee

Financial & listing details

Price per square foot: $335/sqft
Tax assessed value: $480,273
Annual tax amount: $2,808
Date on market: 12/13/2024
Cumulative days on market: 46 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
2/14/2025	Sold	$600,000-4.7%$335/sqft
Source: Stellar MLS #P4933056 Report a problem
1/31/2025	Pending sale	$629,900$352/sqft
Source: Stellar MLS #P4933056 Report a problem
12/13/2024	Listed for sale	$629,900+75%$352/sqft
Source: Stellar MLS #P4933056 Report a problem
1/28/2022	Sold	$360,000-3.7%$201/sqft
Source: Public Record Report a problem
11/29/2021	Pending sale	$374,000$209/sqft
Source: Stellar MLS #OK220638 Report a problem
11/23/2021	Price change	$374,000-6.5%$209/sqft
Source: Stellar MLS #OK220638 Report a problem
9/20/2021	Listed for sale	$399,900$223/sqft
Source: Stellar MLS #OK220638 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,006 +3.5%	$207,652 +2.9%
2024	$2,904 +3.4%	$201,800 +3%
2023	$2,809 +30.5%	$195,922 +25.4%
2022	$2,152 +4%	$156,295 +3%
2021	$2,069 -1.9%	$151,743 -1.3%
2020	$2,108	$153,735 +2.3%
2019	$2,108 +2.8%	$150,279 +1.9%
2018	$2,050	$147,477 +2.1%
2017	--	$144,444 +2.1%
2016	$2,006	$141,473 +1.9%
2015	$2,006 -1.5%	$138,855 +0.8%
2014	$2,037	$137,753 +1.5%
2013	--	$135,717 +1.7%
2012	--	$133,448 +3%
2011	--	$129,561 +1.5%
2010	--	$127,646 +2.7%
2009	--	$124,290 +0.1%
2008	--	$124,166 +1.8%
2007	--	$121,929 +2.5%
2006	--	$118,955 -0.3%
2005	--	$119,288 +3%
2004	--	$115,814 +1.9%
2003	--	$113,655 +3.9%
2002	--	$109,387 +1.6%
2001	--	$107,664 +3%
2000	--	$104,528