**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. 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
Lot/land
Price cut: $200 (5/13)
$987,900
100 NW 38th Avenue, Okeechobee, FL 34972
--beds
--baths
22Acres
Unimproved Land
Built in ----
22 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 159 days |
- 61 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Gary Poling 772-284-4511,
Dalton Wade Inc
Source: BeachesMLS,MLS#: R11116324
Originating MLS: BeachesMLS
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Other
Lot
- Size: 22 Acres
- Features: Rural Lot, Many Trees
- Residential vegetation: Heavily Wooded, Other
Details
- Parcel number: 10737350a0000001000
- Zoning: Mixed Use
- Special conditions: Standard
- Horses can be raised: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, None, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: THEN RUN
HOA
- Has HOA: No
Location
- Region: Okeechobee
Financial & listing details
- Annual tax amount: $3,985
- Date on market: 1/29/2026
- Cumulative days on market: 250 days
- Listing terms: Cash,Conventional,USDA Loan
- Electric utility on property: Yes
- Road surface type: See Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Price change | $987,7000% |
Source: Space Coast AOR #1057306 Report a problem | ||
| 5/13/2026 | Price change | $987,900-0.2% |
Source: | ||
| 1/29/2026 | Listed for sale | $989,500 |
Source: Space Coast AOR #1057306 Report a problem | ||
| 12/18/2025 | Contingent | $989,500 |
Source: Space Coast AOR #1057306 Report a problem | ||
| 10/30/2025 | Price change | $989,5000% |
Source: Space Coast AOR #1057306 Report a problem | ||
| 9/16/2025 | Listed for sale | $989,700 |
Source: Space Coast AOR #1057306 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 34972
Nearby schools
GreatSchools rating
- 2/10Seminole Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Yearling Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Okeechobee High SchoolGrades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Okeechobee County
- Okeechobee
- 34972
- 100 NW 38th Avenue








