$175,000
5200 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
- $175,000
- Price per sq ft
- $240
- Vs. nearby sales
- 21.8% above
- Days on market
- 26
This 2-bedroom single-family home in Kings Bay went under contract with an asking price of $175,000, or $240 per square foot. The asking price has come down 22.2% from its original $225,000. It spent 26 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 21.8% above what comparable homes here actually sold for.
Estimated monthly payment
$920 /mo
Principal and interest only, based on $35,000 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
- $175,000
- Days on Site
- 26 Days
- Bedrooms
- 2
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 728 sqft
- Total Sq Ft
- 1,180 sqft
- Lot Size
- 0.11 Acres
- Year Built
- 1996
- Property Type
- Single Family
- MLS #
- B26069118
- Property Tax
- $2,311 (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
Welcome to 5200 SE 42nd Trace, a charming 2-bedroom, 1-bath home tucked within the established Kings Bay community of Okeechobee. Designed for comfortable, easygoing living, this inviting residence offers a practical layout filled with natural light and a warm atmosphere that makes it easy to feel right at home. An attached garage provides added convenience, while the manageable homesite makes this property an appealing choice for anyone seeking a low-maintenance Florida lifestyle. Inside, the home offers comfortable living spaces with plenty of potential to personalize and make your own. The kitchen connects naturally with the main living areas, creating a functional flow for everyday routines and casual meals. Both bedrooms provide flexible space for restful retreats, guests, or a home office, while central air conditioning helps keep the home comfortable throughout the year. 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. With its welcoming feel and versatile spaces this house is ready for its next owner to make it home. INVESTORS.....there is currently a very reliable month-to-month tenant in the property and this property has strong and lucrative rental value history!!!
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1996
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage
- Direction Faces
- North
- Lot Size (Acres)
- 0.11
- Living Sq Ft
- 728
- Total Sq Ft
- 1,180
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- SINGLE FAMILY
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Range / Refrigerator
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central / Electric
- Flooring
- Carpet / Vinyl / Wood
- Interior Features
- Kitchen Dining Combo / Main Level Primary / Stacked Bedrooms
- Windows
- Drapes
- Main Level Bedrooms
- 2
- Main Level Baths
- 1
- Total Rooms
- 4
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Stucco
- Roof
- Composition / Shingle
- Exterior Features
- Barbecue
- Architectural Style
- Ranch / Traditional
- Pool Features
- Association
- Lot Features
- Less Than Quarter Acre
Community & HOA
- HOA Fee
- $80 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds
- Association Amenities
- Clubhouse / Pool / Tennis Courts
- Community Features
- Home Owners Association
- Security
- Smoke Detectors
- Utilities
- Cable Available / Electricity Available / Water Available
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Buyer Approval Required / 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
- Under Contract
- 4
- Median List Price
- $324,970
- Median $/Sq Ft
- $226
- Avg Days on Market
- 102
Frequently Asked Questions
- How do I schedule a tour of 5200 SE 42nd Trace, Okeechobee, FL 34974?
- Use the Tour button on this listing to request a showing of 5200 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 5200 SE 42nd Trace, Okeechobee, FL 34974 still available?
- 5200 SE 42nd Trace, Okeechobee, FL 34974 is currently listed as Under Contract, and has been on the market 26 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 5200 SE 42nd Trace, Okeechobee, FL 34974?
- With 20% down ($35,000) on the $175,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5200 SE 42nd Trace, Okeechobee, FL 34974 is about $920/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 5200 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 5200 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 5200 SE 42nd Trace, Okeechobee, FL 34974 have an HOA fee?
- Yes: 5200 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 5200 SE 42nd Trace, Okeechobee, FL 34974?
- 5200 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 5200 SE 42nd Trace, Okeechobee, FL 34974?
- Often, yes. The right offer on 5200 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.
$175,000
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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.
