Make Money with Okeechobee County, Florida, Tax Sales!

If you’re looking for a real estate opportunity that lets you earn interest or buy property at a low price, Okeechobee County, Florida might just be the place for you. The county runs tax certificates and tax deed sales, giving investors a way to either collect interest or end up owning the property if taxes aren’t paid.

Let’s walk through how it all works, what you need to know before you jump in, and where you can find more info.

Understanding Tax Sales in Okeechobee County

Okeechobee County offers two types of tax-related investment opportunities:

  • Tax Certificate Sales
  • Tax Deed Sales

These sales are handled by the Tax Collector’s Office and the Clerk of the Circuit Court & Comptroller. You can do it all online—from bidding to payments.

Important Details at a Glance

CategoryDetails
Tax Sale TypeTax Certificates & Tax Deeds
Certificate Sale DateAnnually, on or before June 1 (Online only)
Deed Sale ScheduleHeld regularly; check RealAuction for updates
Redemption Period2 years from April 1 of certificate year
Interest RateStarts at 18% – bid down format
Bidding TypeReverse bidding for certificates, standard auction for deeds
Opening Bid (Tax Deeds)2 years from April 1 of the certificate year
Deposit (Tax Deed Sales)$200 or 5% of bid, whichever is greater
Payment MethodCashier’s check, bank check, or cash
Auction PlatformRealAuction
Legal ResourceClerk’s Tax Deed Info

How Tax Certificate Sales Work

  1. Once a year, the Tax Collector sells tax certificates for properties with unpaid taxes.
  2. Bidders compete by offering the lowest interest rate they’re willing to accept (starting at 18%).
  3. The winning bidder pays the delinquent tax amount and receives a certificate, which is a lien on the property.
  4. The property owner has two years from April 1 of the certificate year to pay the debt plus interest.
  5. If unpaid, the certificate holder can apply for a tax deed.

How Tax Deed Sales Work

Once that two-year period ends and the owner still hasn’t paid:

  1. The certificate holder starts a tax deed application.
  2. The Clerk’s office sets a public auction date, which takes place online.
  3. The opening bid includes all taxes, fees, and half the homestead value if applicable.
  4. The highest bidder wins the property.
  5. You’ll need to make a deposit immediately after winning.

Remember: Every property is sold as-is. It’s your job to research the property before bidding.

Okeechobee County Judicial Center Florida

Interesting Real Estate Facts in Okeechobee County

  • Affordable Waterfront Living: Near Lake Okeechobee, homes are more affordable than in coastal cities.
  • Great for Outdoor Lovers: Hunting, fishing, RV living, and rural land are popular here.
  • Mobile Homes in Demand: Strong demand for manufactured home parks and lots.
  • Investors from All Over: These auctions draw buyers nationwide.
  • Tax Benefits: Florida has no state income tax, and local property taxes are lower than in bigger cities.

Location and Access

  • Where Is the Auction?
    Auctions are held online at RealAuction.
  • Tax Collector’s Office
    Visit the Okeechobee County Tax Collector’s website for info and updates.
  • Physical Address (if needed)
    312 NW 3rd Street, Okeechobee, FL 34972

Pro Tips Before You Bid

  • Do Your Research: Use the Clerk’s website to check ownership, zoning, and property access.
  • Set a Budget: Auctions can get competitive, so know your max bid ahead of time.
  • Plan for Legal Steps: You may need a quiet title action to sell or fully take ownership.

Frequently Asked Questions (FAQs)

Q: Do I need to live in Florida to invest?
A: No, anyone can participate—including out-of-state and international investors.

Q: What happens if no one bids on a property?
A: The county may take ownership, or it stays in the system for future auctions.

Q: Can I inspect the property before the sale?
A: No access is allowed, but you can view from the street and check maps and public records.

Q: Will I get a clear title?
A: Not always. You may need to file a quiet title action.

Q: What if someone lives on the property? I win.
A: You may need to follow legal procedures to gain possession.

Final Thoughts

Okeechobee County tax sales can be a great way to grow your investment portfolio. Whether you’re in it for the interest or looking to own property, the opportunities here are real. Just make sure you do your homework, understand the process, and plan before you bid.

Need Assistance?

Check out our Auction Calendar for upcoming tax sales and seize the opportunity to invest! Need help navigating the process? Book a call now to connect with an expert who can guide you every step of the way. Don’t forget to check out our free resources for answers to your questions and practical tips to make informed and confident investments.

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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.

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