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    615 State Road 78 Okeechobee, FL 34974

    For Sale
    $1,900,000

    Commercial/Business/Agricultural/Industrial Land,Commercial - Unimproved Business/Commercial

    Lot size:
    11.71 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 615 State Road 78

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1-04-38-35-0A00-00006-0000
    Lot size
    11.71 Acres

    Building Details

    Architectural style
    Other

    Realty Professionals of Coral Springs (954) 755-0888 [email protected]

    Listing agent Cyndee Heelan (954) 688-5400 License #3365882

    Listing date Oct 31, 2025

    MLS# F10508876 Listing URL

    Copyright © 2025 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Okeechobee Resort Corridor Development Land

    This is an opportunity to develop 11.71 acres in the "Resort Corridor" of Okeechobee. The property is located half a mile from Parrot Ave (HWY441/US 98) and less than 1,500 feet from Lake Okeechobee Park. This location is suited for a resort, hotel, restaurant, or residential development including tiny homes, cottages, and townhomes. The property is positioned to support tourism-related businesses. The property is located in Okeechobee, which is currently experiencing significant growth and development. Tenants are currently on a month-to-month lease. The property is being sold for its land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Pharmacy Auto Parts Store Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Okeechobee
    County
    Okeechobee
    State
    Florida
    Longitude
    -80.8349
    Latitude
    27.197977

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    FAQs

    What type of property is this?
    Commercial land - 11.71 acres in Okeechobee's prime development zone.
    Where is this commercial land located?
    The property is located at 615 State Road 78 Okeechobee, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - 11.71 acres in Okeechobee's designated "Resort Corridor".; - Prime location for tourism-related development such as a resort, hotel, restaurant, or residential property.; - Close proximity to Lake Okeechobee Park (less than 1,500 feet).
    (954) 688-5400
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    615 State Road 78 Okeechobee, FL 34974
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    Okeechobee, FL 34974
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    615 State Road 78 Okeechobee, FL 34974
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