New construction

Price cut: $100K (6/27)

$475,000

2516 Us-98 Highway, Okeechobee, FL 34972

--beds

--baths

1.55Acres

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Unimproved Land

Built in ----

1.55 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

PRICE REDUCTION, SELLER FINANCING, ! 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.

350 days

40

3

Facts & features

Interior

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Property

Features

Fencing: Barbed Wire,Back Yard,Chain Link,Electric,Gate,Pipe,Privacy,Security,See Remarks,Wood
Has view: Yes
View description: Garden, Other
Waterfront features: None

Lot

Size: 1.55 Acres
Dimensions: 240 x 500
Features: 1-2 Acres, Cleared, City Lot, Drip Irrigation/Bubblers, Drainage, Fruit Trees, Industrial Park, Residential Lot, Rural Lot, Subdivision, Easement
Topography: Filled
Residential vegetation: Fruit Trees, Grassed, Other

Details

Additional structures: Other, RV/Boat Storage
Parcel number: R10537350050005900540
Zoning: Mix Use Commerc
Special conditions: Standard,Listed As-Is
Horse amenities: Barn

Utilities & green energy

Electric: 3 Phase, 150 Amp Service, 200+ Amp Service, Circuit Breakers, 220 Volts, 440 Volts
Sewer: Septic Tank
Water: Public
Utilities for property: Cable Available, Electricity Connected, Other, Phone Available, Underground Utilities, Water Available

Community & HOA

Community

Features: Curbs, Equestrian Facilities, Near Schools, Shopping, Street Lights
Subdivision: Basswood Inc Un #5

HOA

Has HOA: No

Location

Region: Okeechobee

Financial & listing details

Tax assessed value: $160,200
Annual tax amount: $2,303
Date on market: 7/30/2025
Cumulative days on market: 350 days
Listing terms: Assumable,Cash,1031 Exchange,Owner May Carry,Private Financing Available
Electric utility on property: Yes
Road surface type: Asphalt, Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/27/2026	Price change	$475,000-17.4%
Source: BeachesMLS #F10517741 Report a problem
5/20/2026	Price change	$575,000-0.7%
Source: BeachesMLS #F10517741 Report a problem
3/27/2026	Price change	$579,000+9.5%
Source: BeachesMLS #F10517741 Report a problem
3/10/2026	Listed for sale	$529,000
Source: BeachesMLS #F10517741 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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