2516 Us 98 Highway, Okeechobee FL 34972
Property Attributes
- MLS#F10517741
- TypeLand
- Listing Status Active
- CountyOkeechobee
- CityOkeechobee
- Area6240 - NW County (OK)
- NeighborhoodBasswood Inc Un #5
- Zip34972
- Style
- Taxes$ 2303
- Price$ 575,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.55 Acres
Data Source:
Beaches MLS (FL)
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Seminole (Okeechobee) Elementary School | Yearling Middle School | Okeechobee High School |
| Price History | |
|---|---|
| 1/14/2026 | Listed $529,000 |
| 3/27/2026 | 9$579,000 |
| 5/20/2026 | 1$575,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Utilities | Cable Available,Electricity Connected,Other,Phone Available,Underground Utilities,Water Available |
| Possession | Negotiable |
| Development Status | Proposed,Site Plan Filed,Site Plan Approved,See Remarks |
| Electric | 3 Phase,150 Amp Service,200+ Amp Service,Circuit Breakers,220 Volts,440 Volts |
| View | Garden,Other |
| Property Subtype | Hotel/Motel |
| Tax Year | 2024 |
| Current Use | Commercial,Hotel/Motel,Medical/Dental,Multi-Family,Mixed Use,Office,Other,Single Family,Highway/Tourist Service,Unimproved,Vacant,Warehouse |
| Business Type | Hotel/Motel |
| Waterfront Features | None |
| Community Features | Curbs,Equestrian Facilities,Near Schools,Shopping,Street Lights |
| County | Okeechobee |
| Property Type | Land |
| Subdivision Name | Basswood Inc Un #5 |
| Facing Direction | South |
| Possible Use | Automotive,Commercial,Development,Industrial,Investment,Medical/Dental,Mixed Use,Office,Place of Worship,Residential,Retail,Subdivision,Single Family,See Remarks,Highway/Tourist Service,Vacant,Warehouse |
| Other Structures | Other,RV/Boat Storage |
| Status | Active |
| Directions | GPS is very accurate |
| High School | Okeechobee |
| City | Okeechobee |
| MLS Area | 6240 - NW County (OK) |
| Lot Size Square Feet | 67430 |
| Elementary School | Seminole (Okeechobee) |
| Tax Annual Amount | 2303 |
| Middle/Junior High School | Yearling |
| Property Condition | To Be Built,Under Construction |
| Additional Parcels Y/N | false |
| Virtual Tour | https://www.propertypanorama.com/2516-US-Highway-98-Okeechobee-FL-34972/unbranded |
| Standard Status | Active |
| Property Sub Type Additional | Unimproved Land |
| PostalCity | Okeechobee |
| Legal Description | BASSWOOD, INC. UNIT NO 5 (PLAT BOOK 3 PAGE 51) LOTS 54, 55 & 56 BLOCK 59 |
Exterior Features
| Vegetation | Fruit Trees,Grassed,Other |
|---|---|
| Fencing | Barbed Wire,Back Yard,Chain Link,Electric,Gate,Pipe,Privacy,Security,See Remarks,Wood |
| Lot Features | 1-2 Acres,Cleared,City Lot,Drip Irrigation/Bubblers,Drainage,Fruit Trees,Industrial Park,Residential Lot,Rural Lot,Subdivision,Easement |
| Water Source | Public |
| Lot Dimensions | 240 X 500 |
| Lot Size Acres | 1.55 |
| Road Surface Type | Asphalt,Concrete |
| Waterfront Y/N | false |
| Road Frontage Type | County Road,City Street,Highway,See Remarks,State Road |
| Number of Lots | 6 |
| Road Responsibility | Public Maintained Road |
| Horse Amenities | Barn |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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