1400 SW 5TH Avenue, Okeechobee, FL 34974

--beds

--baths

0.55Acres

Unimproved Land

Built in ----

0.55 Acres Lot

$403,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Bring your vision to life on this beautiful 1/2-acre residential homesite in one of Okeechobee's most desirable SW locations! This spacious property offers the perfect blend of privacy, character, and Florida charm, featuring mature oak trees that provide shade and a picturesque natural setting. An existing irrigation well & in-ground swimming pool adds an exciting head start for creating your own private backyard oasis. With plenty of room for a custom home, outdoor entertaining, gardening, and more, this property offers a rare opportunity to enjoy the space and tranquility of a larger homesite while remaining conveniently located near Okeechobee's amenities. A beautiful setting, a desirable location, and endless possibilities—come take a look and imagine what you can create here!

46 days
338
3

Likely to sell faster than

Facts & features

Interior

Video & virtual tour

View virtual tour

Property

Features

Has view: Yes
View description: Pool

Lot

Size: 0.55 Acres
Features: Corner Lot, City Lot, Oversized Lot, Residential Lot

Details

Additional structures: Utility Building(s)
Parcel number: 32137350090000100060
Zoning: RSF
Special conditions: Standard

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: SHERMAN HEIGHTS

HOA

Has HOA: No

Location

Region: Okeechobee

Financial & listing details

Tax assessed value: $342,418
Annual tax amount: $6,468
Date on market: 8/20/2026
Cumulative days on market: 47 days
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

$403,900

$335,000 - $469,000

Not available

Price history

Date	Event	Price
9/19/2026	Price change	$189,000-5.5%
Source: BeachesMLS #B26066641 Report a problem
8/20/2026	Listed for sale	$200,000-55%
Source: BeachesMLS #B26066641 Report a problem
6/14/2024	Sold	$444,000
Source: Stellar MLS #O6189158 Report a problem
4/13/2024	Pending sale	$444,000
Source: Stellar MLS #O6189158 Report a problem
3/27/2024	Listed for sale	$444,000
Source: Stellar MLS #O6189158 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,469 +156.6%	$342,418 +142.5%
2024	$2,521 +3.4%	$141,205 +3%
2023	$2,439 +3.3%	$137,092 +2.7%
2022	$2,361 +4.7%	$133,503 +3%
2021	$2,255 +1.6%	$129,615 +1.4%
2020	$2,219	$127,825 +2.3%
2019	$2,219 +2.2%	$124,951 +1.9%
2018	$2,171	$122,621 +2.1%
2017	--	$120,099 +2.1%
2016	$2,086	$117,630 +0.7%
2015	$2,086 -1.7%	$116,812 +0.8%
2014	$2,121	$115,885 +2.2%
2013	--	$113,368 -2.8%
2012	--	$116,648 -0.4%
2011	--	$117,115 +1.5%
2010	--	$115,384 +2.7%
2009	--	$112,351 +2.4%
2008	--	$109,669 +3%
2007	--	$106,475 +2.5%
2006	--	$103,878 +2%
2005	--	$101,883 +3%
2004	--	$98,916 +1.9%
2003	--	$97,072 +2.4%
2002	--	$94,797 -7.1%
2001	--	$102,045 +3%
2000	--	$99,073