$225,000
5111 SE 42nd Trace
Okeechobee, FL 34974
Explore the area: Okeechobee homes for sale · Okeechobee County real estate
Price Check
How this price compares
- Asking price
- $225,000
- Price per sq ft
- $188
- Vs. nearby sales
- 4.6% below
- Days on market
- 31
This 3-bedroom single-family home in Kings Bay went under contract with an asking price of $225,000, or $188 per square foot. The asking price has come down 18.2% from its original $275,000. It spent 31 days on the market before going under contract. The 4 most recent single-family home sales in the closings shown below sold at a median of $197 per square foot, so the asking price was 4.6% below what comparable homes here actually sold for.
Estimated monthly payment
$1,182 /mo
Principal and interest only, based on $45,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $80/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $225,000
- Days on Site
- 31 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,194 sqft
- Total Sq Ft
- 1,834 sqft
- Lot Size
- 0.12 Acres
- Year Built
- 2002
- Property Type
- Single Family
- MLS #
- B26069121
- Property Tax
- $2,990 (2025)
- HOA Fees
- $80 / Monthly
- Subdivision
- KINGS BAY
- Development
- Kings Bay
- County
- Okeechobee
- Status
- Under Contract
- Special Conditions
- Standard / Listed As Is
About This Property
This single-story residence in the non-gated Kings Bay community of Okeechobee offers 1,194 square feet of living space and 1,834 square feet of total area, with two bedrooms and two full bathrooms. The efficient floor plan provides a practical layout for homeowners seeking a manageable property that doesn't sacrifice comfort or functionality. The property boasts a metal roof, large driveway, great screened patio, private fenced backyard, and a beautiful kitchen! The property floor plan is for 3 bedrooms but the seller chose to have a larger living room and 2 bedrooms instead. If a 3rd bedroom is preferred, this property can easily be converted to fit this need by simply adding a wall & door to the bonus area adjacent to the family room. Living in Kings Bay adds even more to enjoy, with community amenities that include a swimming pool and tennis courts. Whether you are relaxing at home, spending an afternoon by the pool, or exploring everything Okeechobee has to offer, this property combines comfort, convenience, and community living in one attractive package.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 2002
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- Multi Split / One
- Parking
- Driveway / Open
- Direction Faces
- Southwest
- Lot Size (Acres)
- 0.12
- Living Sq Ft
- 1,194
- Total Sq Ft
- 1,834
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RES
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Range / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Carpet / Ceramic Tile / Tile
- Interior Features
- Breakfast Area / Closet Cabinetry / High Ceilings / Living Dining Room / Main Level Primary / Pantry / Sitting Area In Primary / Tub Shower / Vaulted Ceilings
- Laundry
- Inside / Laundry Closet / Laundry Room
- Windows
- Blinds / Drapes / Plantation Shutters / Shutters
- Main Level Bedrooms
- 3
- Main Level Baths
- 2
- Total Rooms
- 6
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Stucco
- Roof
- Fiberglass
- Exterior Features
- Barbecue / Outdoor Living Area / Storage / Porch
- Architectural Style
- Ranch
- Pool Features
- Association
- Patio & Porch
- Covered / Patio / Porch / Screened
- Lot Features
- Less Than Quarter Acre
- View
- Garden / Other / Preserve
Community & HOA
- HOA Fee
- $80 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds
- Association Amenities
- Clubhouse / Pool / Shuffleboard Court / Tennis Courts
- Community Features
- Home Owners Association / Sidewalks
- Security
- Security System / Smoke Detectors
- Utilities
- Sewer Available / Water Available
- Pets Allowed
- Breed Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Buyer Approval Required / No Commercial Vehicles / No Rv / Ok To Lease
- MLS Area
- 6220 - SE County (OK)
This home's HOA fee works out to $80 a month, 14% above the $70 median across 3 homes for sale in Kings Bay. See Kings Bay HOA fees
Schools
- Elementary School
- Everglades (Okeechobee)
- Middle School
- Osceola
- High School
- Okeechobee
About the Community
- Homes for Sale
- 3
- Median List Price
- $324,970
- Median $/Sq Ft
- $226
- Avg Days on Market
- 102
Frequently Asked Questions
- How do I schedule a tour of 5111 SE 42nd Trace, Okeechobee, FL 34974?
- Use the Tour button on this listing to request a showing of 5111 SE 42nd Trace, Okeechobee, FL 34974. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5111 SE 42nd Trace, Okeechobee, FL 34974 still available?
- 5111 SE 42nd Trace, Okeechobee, FL 34974 is currently listed as Under Contract, and has been on the market 31 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5111 SE 42nd Trace, Okeechobee, FL 34974?
- With 20% down ($45,000) on the $225,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5111 SE 42nd Trace, Okeechobee, FL 34974 is about $1,182/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5111 SE 42nd Trace, Okeechobee, FL 34974?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5111 SE 42nd Trace, Okeechobee, FL 34974. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5111 SE 42nd Trace, Okeechobee, FL 34974 have an HOA fee?
- Yes: 5111 SE 42nd Trace, Okeechobee, FL 34974 carries an HOA fee of about $80 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5111 SE 42nd Trace, Okeechobee, FL 34974?
- 5111 SE 42nd Trace, Okeechobee, FL 34974 is zoned for Everglades (Okeechobee) (elementary), Osceola (middle), Okeechobee (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5111 SE 42nd Trace, Okeechobee, FL 34974?
- Often, yes. The right offer on 5111 SE 42nd Trace, Okeechobee, FL 34974 depends on how it's priced against comparable single family sales in Okeechobee, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of KW Reserve Palm Beach
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$225,000
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Listed by Jeffrey L Tricoli PA, KW Reserve Palm Beach
Map & Location
Cities in Okeechobee County
Zip Codes in Okeechobee County
Property Types
Recent Sales
Recently sold homes in Kings Bay
These are the last 4 recorded closings in Kings Bay, with the price each home actually sold for rather than what it was listed at. They closed at a median of $199 per square foot. The most recent closed on August 14, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$323,000
Sold · August 14, 2026
5264 SE 42nd Street
3 bed · 2.5 bath · 1,668 sqft · $194/sqft
$16,000 under the asking price
Sold$270,000
Sold · May 22, 2026
5102 SE 43rd Trace
3 bed · 2 bath · 1,355 sqft · $199/sqft
$9,900 under the asking price
Sold$200,000
Sold · January 23, 2026
4880 SE 44th Street
2 bed · 2 bath · 900 sqft · $222/sqft
$25,000 under the asking price
Sold$254,000
Sold · August 29, 2025
4948 SE 44th Street
4 bed · 2 bath · 1,681 sqft · $151/sqft
$14,500 under the asking price
See every recorded sale in Kings Bay or find out what your Kings Bay home is worth.
