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Commercial Land on Highway 98
For Sale
$49,500

3004 US Highway 98, Okeechobee, FL 34972

Land & Docks, Okeechobee, FL

Property SizeContact for details
Lot Size0.25 Acres
Days on Market365

Property Features for 3004 US Highway 98

General Information

Property type Land
Property subtype Other
Subdivision Basswood Inc Un 05
Standard status Active
APN R10537350050005900800
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BASSWOOD, INC. UNIT NO 5 (PLAT BOOK 3 PAGE 51) LOT 80 BLOCK 59
Tax Annual Amount 262
Legal Description BASSWOOD, INC. UNIT NO 5 (PLAT BOOK 3 PAGE 51) LOT 80 BLOCK 59
Listing Agency: Divito Real Estate Group
Listed By: Rebecca Pierce · License #3580285
Added: Sep 1, 2025 Changed: Aug 19 Last Checked: Aug 31 at 1:06AM
MLS# F10524289

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land parcel is located directly on US Highway 98 and totals 0.25 acres. The property is described as zoned for commercial use, with multifamily and single-family uses noted in the listing remarks. Owner financing is available.

The site is positioned at the highway for straightforward access and visibility along US Highway 98 in Okeechobee, Florida (34972). The listing does not provide additional details on existing improvements or utilities.

For buyers seeking a compact, highway-front commercial lot with owner financing terms, this parcel offers a straightforward starting point based on the information provided.

Key Highlights

  • Highway 98 Frontage: Direct access and visibility.
  • Commercial Zoning: Suitable for business operations.
  • Multifamily Zoning: Potential for apartment or condominium development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Building Supply HVAC Service Auto Parts Store Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 34972, FL

19,514
Population
7,004
Households
2.8
Avg Household Size
37
Median Age
15%
College-Educated
77%
High-School Grad
854.4 sq mi
ZIP Area
23
Density / Sq Mi
$53,902
Median Household Income
$33,612
Median Earnings
$994
Median Rent
$193,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Small commercial-zoned lot on US Highway 98 with owner financing available for qualified buyers.
Where is this commercial land located?
The property is located at 3004 US Highway 98 Okeechobee, FL.
What is the asking price?
The asking price for this property is $49,500.
What are key features of this property?
This property features: Highway 98 Frontage: Direct access and visibility.; Commercial Zoning: Suitable for business operations.; Multifamily Zoning: Potential for apartment or condominium development.
More about this property
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