Lot/land

Price cut: $24K (5/13)

$200,000

551 SW 42nd Cove, Okeechobee, FL 34974

--beds

--baths

2,800Square Feet

Unimproved Land

Built in ----

2,800 Square Feet Lot

$-- Zestimate^®

$--/sqft

$340/mo HOA

What's special

Live the dream at Silver Palms Rv Resort a 90 acre gated community, Bring your Rv and enjoy all that this 5 star resort has to offer. lot overlooking Blue Heron lake, serene sounds from the fountain . Lot will accommodate Class A, C or 5th wheel. Can be rented when not using. Beautifully finished casita with 1/2 bath , ac sitting and dining area and full kitchen, Daily activities, clubhouse, pickleball, card, billiard, library and fitness center. Pet friendly with dog park. Poolside bar and grill. Live music and so much more awaits you at this amazing resort. Secure a place year round or seasonal. Come see why this top rated resort is so desirable

179 days

14

1

Facts & features

Interior

Video & virtual tour

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Property

Features

Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Canal Access, Canal Front, Lake Front, None
Frontage type: Waterfront
Frontage length: 60.00,60.00

Lot

Size: 2,800 Square Feet
Dimensions: 40 x 70
Features: City Lot
Residential vegetation: Other

Details

Additional structures: Other
Parcel number: 13337350040000000340

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Trash Collection, Water Available

Community & HOA

Community

Subdivision: Silver Palms Rv Resort

HOA

Has HOA: Yes
Amenities included: Bocce Court, Pickleball, Restaurant
HOA fee: $340 monthly

Location

Region: Okeechobee

Financial & listing details

Tax assessed value: $194,993
Annual tax amount: $2,300
Date on market: 1/7/2026
Cumulative days on market: 180 days
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$1,904/mo

Price history

Date	Event	Price
5/13/2026	Price change	$200,000-10.7%
Source: BeachesMLS #F10544051 Report a problem
1/7/2026	Listed for sale	$224,000+220%
Source: BeachesMLS #F10544051 Report a problem
3/4/2013	Sold	$70,000+9.5%
Source: Public Record Report a problem
3/13/2009	Sold	$63,900
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,690 +11.8%	$156,306 +14.5%
2024	$2,406 +7.1%	$136,507 -28.8%
2023	$2,246 +25.6%	$191,595 +52.5%
2022	$1,788 +9.3%	$125,663 +17.7%
2021	$1,635 +6.4%	$106,794 +4.9%
2020	$1,537	$101,794 +17.7%
2019	$1,537 +18.1%	$86,453 +8.4%
2018	$1,301	$79,778 +24.8%
2017	--	$63,909
2016	$1,081	$63,909
2015	$1,081 -4.2%	$63,909 +3.2%
2014	$1,127	$61,909 +6.7%
2013	--	$58,000
2012	--	$58,000 +3.6%
2011	--	$56,000 +5.7%
2010	--	$53,000 +754.8%
2009	--	$6,200

Find assessor info on the county website

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.

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