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1501 Lake Drive W, Okeechobee FL 34974

For Sale
$315,000

BTC: 4.92187500

ETH: 186.28030751

-$5K (2026/05/21)
68 days
Waterfront
3 bds
3 ba
896 sqft

Overview

Lake Access!! This property features all the gorgeous waterfront views and is perfect for fishing lake Okeechobee. Perfect rental income opportunity with 2 separate units on 1 1/2 lots. The outdoor features a boat ramp, dock with chickee hut and lovely screened in back patio for your days off the water. The main home and efficiency apartment are both fully furnished and perfect for rental income. The main home features an open floor plan with split bedrooms, each has its own bathroom. Beautifully decorated these 2 living areas are turnkey and move in ready. Don't miss out on this rare property. Enjoy your days boating and relaxing with the serene canal front living.

Location

Details

Type:
Residential
Parking:
Open
Year Built:
2010
Lot:
0.22 Acres
Heating:
Central
Price/sqft:
$352
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$200,000
$172K – $273K
Confidence Low
List vs. estimate
$115K above estimate
List $315,000 · +57.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$351
+67.4% vs. city median $210
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,816
2025
View
Canal, Water
Waterfront
Canal Front, Canal Width 1-80 Feet
Parking
5 spaces
Furnished
Furnished,Furniture Only
Pets
Allowed
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dryer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Split Bedroom

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Open

    Property

    • Levels: 1

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: S36383401200001730

    • Zoning: multi-family

  • Type and style

    • Property Type: Residential

  • Utility

    • Cable Connected

    • Cable Available

    • Electricity Available

  • Other financial information

    • Annual tax amount: $3,816

  • Source details

    • MLS ID: B26011713

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / Oversized Lot

    • Patio And Porch Features: Patio

    • Window Features: Blinds / Drapes / Verticals

    • Direction Faces: West

    • Other Structures: Livable / Other Bldg Incl / Extra Building/Shed / Shed(s) / Guest House / Storage Shed

    • Architectural Style: One Story

    • Waterfront: Yes

    • Living Area: 896

    • Water Source: Public

    • Lot Size Dimensions: 75x125

    • Subdivision Name: community of bukhead ridge

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Okeechobee Homes and Land