Unimproved Land in 2516 Us-98 Highway, Okeechobee, FL 34972 for sale with MLS# F10517741

PRICE INCREASE TO REFLEX ADDITIONAL IMPROVEMENTS, ! This is for sure the perfect deal, The zoning allows mix use, already approved permits to build a single family home in the back while allowing commercial mix use at front facing the HWY. The seller already prepared and filled the land, installed plumbing, city's water services and electricity, also the lot have a well in operation and with permits. I said the perfect lot for the investor hopping to have their business close to home. The price is very realistic and the value is already in the fact that permits and zoning it is already in place. Ready to build, bringing your project here should be a smart option, close to the city center, highways and services. Seller may consider owner financing subject to certain conditions and terms.

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Days on the market

2516 Us-98 Highway, Okeechobee, FL 34972

Price
Price:
$579,000.00
Original List Price:
$540,000.00
List Price per Sq Ft (Calculated, Approx.):
$8.59
Business Info
Gross Scheduled Income:
0
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Change
Last Major Update on:
March 27, 2026 10:08 pm
Other Special Conditions:
Sold As-is, Platted, Property Survey Available, Will Not Divide, City Jurisdiction, Oil/mineral Rights, Sell Complete Parcel
Measures
Lot Area:
67,430 Sqft
Lot Size Dimensions and Info:
240 X 500
Lot Size Unit:
Acres
Lot Features:
Street Lights, Cleared, Compact Soil, Filled, Drainage, Build To Suit, Fruit Tree(s), Ditched, Curbs, De-mucked, Drip System
Lot Size Acres:
1.548
Number of Lots:
6
Property Features
View from the Property:
Garden, Other
Waterfront:
No
Equestrian Home - Horse Property
Other Structures:
Other, Rv/boat Storage
Current Use:
Commercial, Other, Single Family, Unimproved, Mixed Use, Medical/dental, Office, Warehouse, Vacant, Check Land Use Plan, Multi-family, Hotel/motel, Highway/tourist Service, Mini Storage
Fence:
Wood, Chain Link, Barbed Wire, Electric, Back Yard, Privacy, Gate, Pipe, Security, See Remarks
Vegetation and Trees:
Mango, Avocado, Citrus
Property Entrance Faces:
South
Road Responsibility:
Public Maintained Road
Horse Amenities:
Barn
Construction
Road Frontage Type:
City Street, County Road, State Road, Highway, West Of Us-1, See Remarks
Possible Use:
Investment, Commercial, Medical/Dental, Office, Retail, Warehouse, Industrial, Automotive, Residential, Single Family, Subdivision, Development, Mixed Use, Place Of Worship, See Remarks, Vacant, Mini Storage, Highway/tourist Service
Taxes and Expenses
Tax Annual Amount:
$2,303.00
Tax Year:
2024
Tax Assessed Value:
$160,200.00
Property Tax Details:
City/County, No Homestead
Utilities
Sewer:
Septic Tank, Within Easement
Electric:
220 Volts, 200+ Amp Service, 440 Volts, Three Phase, Circuit Breakers, 150 Amp Service
Utilities Available:
Cable Available, Water Available, Underground Utilities, Other, Phone Available, Electricity Connected
Water Source:
Public
Community
Subdivision Name:
Basswood Inc Un #5
Senior Community:
No
Development Status:
Site Plan Filed, Recorded Plat, Site Plan Approved, See Remarks, Proposed, Under Construction
Association Minimum Credit Score:
620
Association Requires a Minimum Credit Score
Membership Details:
No Membership Available
Terms
Documents Available:
Aerial, Survey, Building Plan, Plans, Building Permit, Previous Title
Listing Terms Considered by Seller:
Cash, Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note), Private Financing Available, 1031 Exchange
Buyer Possession:
Negotiable
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
BASSWOOD, INC. UNIT NO 5 (PLAT BOOK 3 PAGE 51) LOTS 54, 55 & 56 BLOCK 59
Real Estate Folio Number (Parcel Number):
R10537350050005900540
Zoning:
Mix Use Commerc
Public Schools Assigned
Elementary School:
Seminole (okeechobee)
High School:
Okeechobee
Middle Or Junior School:
Yearling
Listing History
Active on the market since:
July 30, 2025
Listing Agreement executed on:
July 30, 2025
Price change occurred on:
March 27, 2026 10:08 pm
Listing Status Last Changed On:
July 30, 2025 2:21 pm
Photos updated on:
March 30, 2026 9:03 pm
Last Modified:
April 17, 2026 5:31 am
Additional Information
Courtesy of:
United Realty Group Inc
Attribution:
Not provided
Road Surface Type:
Asphalt, Concrete
Location
Street Name:
Us-98
Street Number:
2516
City:
Okeechobee
State:
Florida
Zip Code:
34972
County:
Okeechobee
Latitude:
N27° 16' 0.1''
Longitude:
W81° 8' 5.4''
Street Suffix:
Highway
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $53,902
Median Home Value $193,300
Median Rent $994/mo
Median Age 38
Population 19,185

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