2516 Us-98 Highway, Okeechobee, FL 34972

$470,000

Virtual Tour

https://www.propertypanorama.com/2516-US-Highway-98-Okeechobee-FL-34972/unbranded

Double chambers septic good for up to 4 years or good for up to 4,000 Sq Ft buildings.

Aerial picture from public records with lot information.

This 40 x 40 fts Barn is already under installation and city approved

Preparing foundation, all plumbing in place already

All ready democked, compacted and filled

The soil is ready for the new commercial and residential construction

The floor plan is already approved and included in the price

Lots description, this is an emssambling of 6 lots

All electrical plans are already approved and included in the price

Plans for the elevations already approved

This is the new home location as per the lots, already approved

All Plumbing plans for the new home are already approved and included in the price

All the plans for the new home are approved and included in the price

All the roof plans are also approved and included in the price.

Property Type: Land & Docks Lot Size (sq. ft.): 67,430 Status: Active

Current Price: $470,000 List Date: 7/30/2025 Last Modified: 10/08/2026

Overview

Description

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 are 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.

Listing Details MLS# F10517741

General Property Information

Transaction Type: Listing For Sale
Property Sub Type: Unimproved Land
Number Of Lots: 6
Lot Size Acres: 1.55
Lot Size Square Feet: 67430
Lot Size Dimensions: 240 X 500
Lot Depth: 500
Property Description: Vacant land zoning mix use
Gated Community YN: No
Lot Frontage: 250
Recreation Lease YN: No
Equestrian Features YN: Yes
Direction Faces: South
LP/Assessed Value: 2.93
LP/SqFt: 6.97

Property Features

Comprehensive Plan Use: Airport Commerce; Intensive Development; Interstate; Open Land; Professional; Suburban; Urban Commerce; Worship Current Use: Check Land Use Plan; Commercial; Highway/Tourist Service; Hotel/Motel; Medical/Dental; Mini Storage; Mixed Use; Multi-Family; Office; Single Family; Unimproved; Vacant; Warehouse; Other Deed Restrictions: None Development Status: Proposed; Recorded Plat; Site Plan Approved; Site Plan Filed; Under Construction; See Remarks Documents Available: Aerial; Building Permit; Building Plan; Plans; Previous Title; Survey Electric: 150 Amp Service; 200+ Amp Service; 220 Volts; 440 Volts; Circuit Breakers; Three Phase Environmental Audit: None Equestrian Features: Barn Fencing: Back Yard; Barbed Wire; Chain Link; Electric; Gate; Pipe; Privacy; Security; Wood; See Remarks Irrigation Source: Municipal Water; Well Land Fill: Fill Not Required Location of Property: City Location; County Location; In Residential Area; Near Airport; Near Industrial Park; Near School; Shopping Center; Subdivision; Urban Area Development Other Structures: RV/Boat Storage; Other Possession: Negotiable Possible Use: Automotive; Commercial; Development; Highway/Tourist Service; Industrial; Investment; Medical/Dental; Mini Storage; Mixed Use; Office; Place of Worship; Residential; Retail; Single Family; Subdivision; Vacant; Warehouse; See Remarks Sewer: Septic Tank; Within Easement Soil Type: Sand; Other Special Information: City Jurisdiction; Oil/Mineral Rights; Platted; Property Survey Available; Sell Complete Parcel; Sold As-Is; Will Not Divide Special Listing Conditions: Standard Trees: Avocado; Citrus; Mango Utilities: Cable Available; Electricity Connected; Phone Available; Water Available; Underground Utilities; Other Vegetation: Grassed; Other View: Garden; Other Zoning Information: Use Conforms To Zoning Source Of Expenses: Owner Provided Listing Terms: 1031 Exchange; Cash; Owner May Carry; Private Financing Available Lot Features: Build to Suit; Cleared; Compact Soil; Curbs; De-Mucked; Ditched; Drainage; Drip System; Filled; Fruit Tree(s); Street Lights Membership: No Membership Available Road Frontage Type: City Street; County Road; Highway; State Road; West of US-1; See Remarks Road Responsibility: Public Maintained Road Road Surface Type: Asphalt; Concrete Traffic Type: Auto; Pedestrian; Heavy Tax Information: City/County; No Homestead Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Security Gate; Sign On Property Elevation Description: 0-5 Feet Above Sea Level Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 540000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service
Seller Represented YN: Yes
LP/Acre: 303225.81
LP/Frontage: 1880

Location and Legal

Country: United States
County Or Parish: Okeechobee
Street Number: 2516
Street Name: Us-98
Street Suffix: Highway
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 34972
Postal Code +4: 8771
Subdivision Name: Basswood Inc Un #5
Area: 6240 - NW County (OK)
Geographic Area: OKCB - Okeechobee
Elementary School: Seminole (Okeechobee)
Middle Or Junior School: Yearling
High School: Okeechobee
Parcel Number: R10537350050005900540
Multiple Offers Accepted: Yes
Zoning: Mix Use Commerc
Flood Zone: n/a
County Land Use: mix
Directions: GPS is very accurate

Financial Information

Master Association YN: No
Membership Fee Required YN: No
Tax Year: 2024
Tax Annual Amount: 2303
Tax Assessed/SOH Value: 160200
Tax Legal Description: BASSWOOD, INC. UNIT NO 5 (PLAT BOOK 3 PAGE 51) LOTS 54, 55 & 56 BLOCK 59
Assessor Market Value: 160200

Status Change Information

Major Change Timestamp: 2026-08-20T14:43:18Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-20T14:43:18Z
Status Change Date: 2025-07-30

More Information

Application Fee Details

Application Fee Required: No

Equestrian Details

Number of Barns: Yes

Qualifying Requirements

Minimum % Down: 40
Minimum % Down Required By: Seller
Minimum Credit Score YN: Yes
Minimum Credit Score: 620

Zoning Details

Jurisdiction: City

Income and Expenses

Inc/Exp Statement Period: 2025

Section Details

Parcel Number MLX: 0540

Originating Details

Originating System Key: 601908203
Originating System ID: M00000170

Listing Office: United Realty Group Inc

Last Updated: October - 08 - 2026

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2516 Us-98 Highway, Okeechobee, FL 34972 (MLS# F10517741)