5001 S Kenansville Road, Okeechobee, FL 34972

$1,700,000

Virtual Tour

https://www.propertypanorama.com/5001-S-Kenansville-Road-Okeechobee-FL-34972/unbranded

Property Type: Land & Docks Lot Size (sq. ft.): 1,778,990 Status: Active

Current Price: $1,700,000 List Date: 2/18/2026 Last Modified: 10/01/2026

Overview

Description

This expansive 40.84-acre property in Okeechobee is located at the Florida Turnpike/State Road 60 exit at Yeehaw Junction - only 30 minutes from Vero Beach and central to all major Florida markets. Currently zoned RMH residential with almost 6 acres of the property approved for commercial future land use. In addition to potential residential development, this property is in a prime location for various industrial and commercial uses such as distribution centers or mixed use. Features 1700 feet of frontage on the Turnpike with an income-generating billboard and 1700 feet of frontage on US 441/Kenansville Rd. Owned by the same family for over 50 years. The adjacent 205+ acre property is also available for purchase for a potential of 246+ acres combined.

Listing Details MLS# R11164725

General Property Information

Property Sub Type: Agriculture
Lot Size Acres: 40.84
Lot Size Square Feet: 1778990
Direction Faces: Northwest
LP/SqFt: 0.96

Property Features

Current Use: Agricultural; Commercial; Other Development Status: Raw Land Documents Available: Aerial Location of Property: Other Possession: Close Of Escrow Trees: Partial Tree Coverage Utilities: Electricity Available; Sewer Available; None Vegetation: Grassed; Other Listing Terms: Cash; Conventional Lot Features: Cleared Road Frontage Type: Freeway; Highway Road Surface Type: Paved Showing Requirements: Call Listing Agent Acreage Description: 10 Or More Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 2099000
LP/Acre: 41625.86

Location and Legal

Country: United States
County Or Parish: Osceola
County Parish Name: Osceola
Street Number: 5001
Street Direction Prefix: S
Street Name: Kenansville
Street Suffix: Road
City Name: Okeechobee
State Or Province: FL
Postal Code: 34972
Postal Zip: 34972
Subdivision Name: None
Area: 5940 - Other Florida County
Geographic Area: Other
Parcel Number: 033234000000500000
Zoning: RMH+Commercial
Directions: From the SR 60/Turnpike intersection at Yeehaw Junction, go west to US 441 (aka Kenansville Rd), turn right and go 1.5 miles to property on EAST side of road (Turnpike runs along north side of land).

Financial Information

Tax Year: 2025
Tax Annual Amount: 112.64
Tax Legal Description: BEG 2176.06 FT N OF SE COR ON W R/W SUNSHINE PKY, N 44 DEG W ALONG R/W 1172 FT TO POB, N 44 DEG W 1700 FT S 25 DEG ALON

Status Change Information

Major Change Timestamp: 2026-09-25T14:25:14Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-25T14:25:14Z
Status Change Date: 2026-02-18

More Information

Short Sale Details

Short Sale Addendum: No

Originating Details

Originating System Key: 20260217185917419714000000
Originating System ID: M00000170

Documents

Appraiser's Map ›

Listing Office: Berman Realty

Last Updated: October - 01 - 2026

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5001 S Kenansville Road, Okeechobee, FL 34972 (MLS# R11164725)