$989,500
Okeechobee, FL 34972
MLS# 1057306
Status: Active Under Contract
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Property Description
**Exceptional 22-Acre Mixed-Use Development Opportunity on Highway 98* Welcome to a once-in-a-lifetime investment opportunity in the heart of the rapidly expanding Okeechobee area! This remarkable 22-acre parcel of vacant land, embraced by the charm and growth of its surroundings, is your canvas for envisioning a vibrant community. With its coveted Planned Unit Development (PUD) zoning, the potential for this site is as boundless as your imagination! Situated prominently on Highway 98, this property boasts an impressive **217 feet of highway frontage**, guaranteeing unparalleled visibility and accessibility for your future venture. Just a stone's throw away, you'll find a bustling **7-11 convenience store**—a perfect anchor point for retail or dining establishments. Its strategic location also places you adjacent to **Seminole Elementary School** and merely **1 mile from the Okeechobee County Airport**, making it an ideal spot for commercial or residential development.
Details
Maps
Location, Tax, and Legal
Tax Account: 7777777
Parcel Number: 10737350a0000001000
General County Location: Out of Brevard
Tax Annual Amount: 3985
Tax Year: 2024
Zoning Description: PUD
Directions: From 70 turn North onto Highway 98 Go past the Okeechobee Airport the Lot will be on the left side of Highway 98.
Exact location enter 27.26764, -80.86788 into Google Maps.
General Property Information
Road Frontage Feet: 217
Lot Size Acres: 22
Lot Size Square Feet: 958494.24
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
List Price/Acre: 44977.27
Remarks and Miscellaneous
Public Remarks: **Exceptional 22-Acre Mixed-Use Development Opportunity on Highway 98* Welcome to a once-in-a-lifetime investment opportunity in the heart of the rapidly expanding Okeechobee area! This remarkable 22-acre parcel of vacant land, embraced by the charm and growth of its surroundings, is your canvas for envisioning a vibrant community. With its coveted Planned Unit Development (PUD) zoning, the potential for this site is as boundless as your imagination!
Situated prominently on Highway 98, this property boasts an impressive **217 feet of highway frontage**, guaranteeing unparalleled visibility and accessibility for your future venture. Just a stone's throw away, you'll find a bustling **7-11 convenience store**—a perfect anchor point for retail or dining establishments. Its strategic location also places you adjacent to **Seminole Elementary School** and merely **1 mile from the Okeechobee County Airport**, making it an ideal spot for commercial or residential development.
Current Use
Agricultural: 1
Commercial: 1
Mixed Use: 1
Multi-Family: 1
Retail: 1
Listing Terms
Cash: 1
Conventional: 1
USDA Loan: 1
Lot Features
Agricultural: 1
Many Trees: 1
Wooded: 1
Possession
Close Of Escrow: 1
Road Frontage Type
Highway: 1
State Road: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Available: 1
Sewer Available: 1
Water Available: 1
View
Trees/Woods: 1
Water Source
Public: 1
Development Status
Raw Land: 1
Showing Requirements
Showing Service: 1
Contingency Reason
Inspection: 1
Contract Information
Current Price: $989,500
Original List Price: 989700
List Price: $989,500
Status: Active Under Contract
Listing Contract Date: 2025-09-16
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 100
Street Direction Prefix: NW
Street Name: 38th
Street Suffix: Avenue
County: Okeechobee
State: FL
Postal Code: 34972
MLS Area Major: 999 - Out of Area
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2025-12-18T21:56:44Z
Major Change Type: Status Change
Price Change Timestamp: 2025-10-30T17:12:26Z
Status Change Timestamp: 2025-12-18
Contingency: Active Under Contract
Property Features
Current Use: Agricultural; Commercial; Mixed Use; Multi-Family; Retail
Development Status: Raw Land
Listing Terms: Cash; Conventional; USDA Loan
Lot Features: Agricultural; Many Trees; Wooded
Possession: Close Of Escrow
Road Frontage Type: Highway; State Road
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Available; Sewer Available; Water Available
View: Trees/Woods
Water Source: Public
Contingency Reason: Inspection
Supplements
Immerse yourself in the vibrant lifestyle that Okeechobee has to offer! This property is only **15 minutes away** from the picturesque shores of **Lake Okeechobee** a haven for fishing, boating, and outdoor activities. Additionally, the charming downtown area is within easy reach, providing a delightful mix of local shops, dining, and essential healthcare services. Your development could become a cornerstone of this lively community, enhancing the lives of residents and visitors alike. Picture your vision set against a backdrop of mature oak trees and lush native vegetation. This land is not just a blank slate; it's adorned with natural beauty that will enrich any development. Unlike many properties in the area, this parcel is exceptionally **dry and primed for development**, allowing you to hit the ground running with city water and sewer and without the hassle of extensive land preparation. Owning this 22-acre gem is more than a real estate purchase it's a strategic investment in the future of Okeechobee. With the area poised for significant growth, diverse development opportunities await, ranging from **retail spaces to residential communities and everything in between**. The flexible PUD zoning allows you to tailor your project in a way that maximizes community engagement and fulfills local needs. Whether you envision a thriving commercial hub, an inviting residential neighborhood, or a harmonious mix of both, this property is your gateway to success. The potential here is unlimited, and your vision can become a reality! **Schedule Your Private Showing Today! ** Don't let this rare opportunity slip away! Step into a world of possibilities awaiting you on this extraordinary property. **Reach out to us today to arrange your private showing** and explore the untapped potential that this 22-acre parcel offers. Your dream project in Okeechobee is just an appointment away!
Exact location enter 27.26764, -80.86788 into Google Maps
Listing Office: Dalton Wade, Inc.
Last Updated: December - 18 - 2025
Information is deemed to be reliable, but is not guaranteed.