2516 Us-98 Highway, Okeechobee, FL 34972

$579,000

Virtual Tour

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

Lots description, this is an emssambling of 6 lots

The soil is ready for the new commercial and residential construction

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

The floor plan is already approved and included in the price

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: $579,000 List Date: 7/30/2025 Last Modified: 3/30/2026

Overview

Description

PRICE INCREASE TO REFLEX ADDITIONAL IMPROVEMENTS, ! 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.

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
Land Lease YN: No
Recreation Lease YN: No
Equestrian Features YN: Yes
Direction Faces: South
LP/Assessed Value: 3.61
LP/SqFt: 8.59

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; Vacant; See Remarks Elevation Description: 0-5 Feet Above Sea Level Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2025-07-30
Original List Price: 540000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service
Seller Represented YN: Yes
LP/Acre: 374031.01
LP/Frontage: 2316

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
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-03-27T22:08:33Z
Major Change Type: Price Change
Price Change Timestamp: 2026-03-27T22:08:33Z
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

Showing Details

Showing Contact Phone: 954-274-7990
Showing Instructions: Call listing agent or use showing time, 24 hours notice required.

Section Details

Parcel Number MLX: 0540

Originating Details

Originating System Key: 601908203
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

150 Amp Service: Yes
200+ Amp Service: Yes
220 Volts: Yes
440 Volts: Yes
Circuit Breakers: Yes
Three Phase: Yes

Equestrian Features

Barn: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Aerial: Yes
Building Permit: Yes
Building Plan: Yes
Plans: Yes
Previous Title: Yes
Survey: Yes

Fencing

Back Yard: Yes
Barbed Wire: Yes
Chain Link: Yes
Electric: Yes
Gate: Yes
Pipe: Yes
Privacy: Yes
Security: Yes
Wood: Yes
See Remarks: Yes

Comprehensive Plan Use

Airport Commerce: Yes
Intensive Development: Yes
Interstate: Yes
Open Land: Yes
Professional: Yes
Suburban: Yes
Urban Commerce: Yes
Worship: Yes

Current Use

Check Land Use Plan: Yes
Commercial: Yes
Highway/Tourist Service: Yes
Hotel/Motel: Yes
Medical/Dental: Yes
Mini Storage: Yes
Mixed Use: Yes
Multi-Family: Yes
Office: Yes
Single Family: Yes
Unimproved: Yes
Vacant: Yes
Warehouse: Yes
Other: Yes

Deed Restrictions

None: Yes

Development Status

Proposed: Yes
Recorded Plat: Yes
Site Plan Approved: Yes
Site Plan Filed: Yes
Under Construction: Yes
See Remarks: Yes

Environmental Audit

None: Yes

Irrigation Source

Municipal Water: Yes
Well: Yes

Land Fill

Fill Not Required: Yes

Location of Property

City Location: Yes
County Location: Yes
In Residential Area: Yes
Near Airport: Yes
Near Industrial Park: Yes
Near School: Yes
Shopping Center: Yes
Subdivision: Yes
Urban Area Development: Yes

Other Structures

RV/Boat Storage: Yes
Other: Yes

Possession

Negotiable: Yes

Possible Use

Automotive: Yes
Commercial: Yes
Development: Yes
Highway/Tourist Service: Yes
Industrial: Yes
Investment: Yes
Medical/Dental: Yes
Mini Storage: Yes
Mixed Use: Yes
Office: Yes
Place of Worship: Yes
Residential: Yes
Retail: Yes
Single Family: Yes
Subdivision: Yes
Vacant: Yes
Warehouse: Yes
See Remarks: Yes

Sewer

Septic Tank: Yes
Within Easement: Yes

Soil Type

Sand: Yes
Other: Yes

Special Information

City Jurisdiction: Yes
Oil/Mineral Rights: Yes
Platted: Yes
Property Survey Available: Yes
Sell Complete Parcel: Yes
Sold As-Is: Yes
Will Not Divide: Yes

Trees

Avocado: Yes
Citrus: Yes
Mango: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Phone Available: Yes
Water Available: Yes
Underground Utilities: Yes
Other: Yes

Vegetation

Grassed: Yes
Other: Yes

View

Garden: Yes
Other: Yes

Zoning Information

Use Conforms To Zoning: Yes

Water Access

None: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Owner May Carry: Yes
Private Financing Available: Yes

Lot Features

Build to Suit: Yes
Cleared: Yes
Compact Soil: Yes
Curbs: Yes
De-Mucked: Yes
Ditched: Yes
Drainage: Yes
Drip System: Yes
Filled: Yes
Fruit Tree(s): Yes
Street Lights: Yes

Road Frontage Type

City Street: Yes
County Road: Yes
Highway: Yes
State Road: Yes
West of US-1: Yes
See Remarks: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Asphalt: Yes
Concrete: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Security Gate: Yes
Sign On Property: Yes
Vacant: Yes
See Remarks: Yes

Membership

No Membership Available: Yes

Traffic Type

Auto: Yes
Pedestrian: Yes
Heavy: Yes

Tax Information

City/County: Yes
No Homestead: Yes

Elevation Description

0-5 Feet Above Sea Level: Yes

Acreage Description

1 To Less Than 2 Acre Lot: Yes

Listing Office: United Realty Group Inc

Last Updated: March - 30 - 2026

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