$987,900
Okeechobee, FL 34972
MLS# R11116324

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Property Description
**Exceptional 22-Acre Mixed-Use Development Opportunity on Highway 98* Welcome to a once-in-a-lifetime investment opportunity in the heart of the rapidly expanding Okeechobee area! This remarkable 22-acre parcel of vacant land, embraced by the charm and growth of its surroundings, is your canvas for envisioning a vibrant community. With its coveted Planned Unit Development (PUD) zoning, the potential for this site is as boundless as your imagination! Situated prominently on Highway 98, this property boasts an impressive **217 feet of highway frontage**, guaranteeing unparalleled visibility and accessibility for your future venture. Just a stone's throw away, you'll find a bustling **7-11 convenience store**—a perfect anchor point for retail or dining establishments.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
LP/Acre: 44904.55
Listing Date: 2025-08-16
Status: Active
Original List Price: 989900
List Price: $987,900
Current Price: $987,900
Listing Service: Full Service
Location and Legal
County Or Parish: Okeechobee
County Parish Name: Okeechobee
City Name: Okeechobee
Postal Zip: 34972
Geographic Area: OKCB - Okeechobee
Country: United States
Street Number: 100
Street Direction Prefix: NW
Street Name: 38th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 34972
Subdivision Name: THEN RUN
Area: 6240 - NW County (OK)
Parcel Number: 10737350a0000001000
Zoning: Mixed Use
Directions: From 70 turn North onto Highway 98 Go past the Airport Lot will be on the left side of Highway 98
General Property Information
Transaction Type: Listing For Sale
LP/SqFt: 1.03
Property Sub Type: Unimproved Land
Lot Size Acres: 22
Lot Size Square Feet: 958494.24
Direction Faces: East
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Year: 2024
Tax Annual Amount: 3985
Tax Legal Description: COMMENCING AT THE 1/4 SECTION CORNER ON THE SOUTH BOUNDARY LINE OF THE NORTH 1/2 OF SECTION 7, TOWNSHIP 37 SOUTH, RANGE
Remarks and Miscellaneous
Public Historical Remarks: Elevation at Sea Level: 20+ Ft
Office/Member Information
DXORIGMLSID: RML
Special Listing Conditions
Standard: 1
Documents Available
None: 1
Current Use
Agricultural: 1
Unimproved: 1
Development Status
Recorded Plat: 1
Environmental Audit
None: 1
Location of Property
County Location: 1
Possession
Close Of Escrow: 1
Possible Use
Agricultural: 1
Cattle: 1
Commercial: 1
Development: 1
Horses: 1
Industrial: 1
Investment: 1
Medical/Dental: 1
Mixed Use: 1
Multi-Family: 1
Residential: 1
Single Family: 1
Subdevelopment: 1
Subdivision: 1
Sewer
Public Sewer: 1
Soil Type
Dirt: 1
Trees
Heavily Wooded: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
None: 1
Vegetation
Other: 1
View
Other: 1
Listing Terms
Cash: 1
Conventional: 1
USDA Loan: 1
Lot Features
Many Trees: 1
Road Frontage Type
Highway: 1
State Road: 1
Road Surface Type
See Remarks: 1
Water Source
Public: 1
Showing Requirements
No Appointment: 1
Schedule Online: 1
Sign On Property: 1
Tax Information
City/County: 1
Elevation Description
0-5 Feet Above Sea Level: 1
Acreage Description
10 Or More Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-05-13T16:39:36Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-13T16:39:36Z
Status Change Date: 2026-01-29
Originating Details
Originating System Key: 20250808163836431979000000
Originating System ID: M00000170
Property Features
Current Use: Agricultural; Unimproved
Development Status: Recorded Plat
Documents Available: None
Environmental Audit: None
Location of Property: County Location
Possession: Close Of Escrow
Possible Use: Agricultural; Cattle; Commercial; Development; Horses; Industrial; Investment; Medical/Dental; Mixed Use; Multi-Family; Residential; Single Family; Subdevelopment; Subdivision
Sewer: Public Sewer
Soil Type: Dirt
Special Listing Conditions: Standard
Trees: Heavily Wooded
Utilities: Electricity Available; Sewer Available; Water Available; None
Vegetation: Other
View: Other
Listing Terms: Cash; Conventional; USDA Loan
Lot Features: Many Trees
Road Frontage Type: Highway; State Road
Road Surface Type: See Remarks
Tax Information: City/County
Water Source: Public
Showing Requirements: No Appointment; Schedule Online; Sign On Property
Elevation Description: 0-5 Feet Above Sea Level
Acreage Description: 10 Or More Acre Lot
Supplements
Its strategic location also places you adjacent to **Seminole Elementary School** and merely **1 mile from the Okeechobee County Airport**, making it an ideal spot for commercial or residential development. Immerse yourself in the vibrant lifestyle that Okeechobee has to offer! This property is only **15 minutes away** from the picturesque shores of **Lake Okeechobee** a haven for fishing, boating, and outdoor activities. Additionally, the charming downtown area is within easy reach, providing a delightful mix of local shops, dining, and essential healthcare services. Your development could become a cornerstone of this lively community, enhancing the lives of residents and visitors alike. Picture your vision set against a backdrop of mature oak trees and lush native vegetation. This land is not just a blank slate; it's adorned with natural beauty that will enrich any development. Unlike many properties in the area, this parcel is exceptionally **dry and primed for development**, allowing you to hit the ground running with city water and sewer and without the hassle of extensive land preparation. Owning this 22-acre gem is more than a real estate purchase it's a strategic investment in the future of Okeechobee. With the area poised for significant growth, diverse development opportunities await, ranging from **retail spaces to residential communities and everything in between**. The flexible PUD zoning allows you to tailor your project in a way that maximizes community engagement and fulfills local needs. Whether you envision a thriving commercial hub, an inviting residential neighborhood, or a harmonious mix of both, this property is your gateway to success. The potential here is unlimited, and your vision can become a reality! **Schedule Your Private Showing Today!** Don't let this rare opportunity slip away! Step into a world of possibilities awaiting you on this extraordinary property. **Reach out to us today to arrange your private showing** and explore the untapped potential that this 22-acre parcel offers. Your dream project in Okeechobee is just a call away! Exact location enter 27.26764, -80.86788 into Google Maps
Listing Office: Dalton Wade Inc
Last Updated: July - 24 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

