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    672 State Road 78 Okeechobee, FL 34974

    For Sale
    $1,900,000

    Residential Land/Boat Docks,Residential, Zoned Multifamily - Okeechobee, FL

    Type:Single Family Residence
    Lot size:
    11.71 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 672 State Road 78

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Vegetation
    Cleared
    APN
    1-04-38-35-0A00-00007-0000
    Exterior features
    Cleared, Fenced
    Fencing
    Fenced
    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# F10508273 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 11.71-acre property is located in the designated "Resort Corridor" of Okeechobee, Florida. Situated half a mile from Parrot Avenue (HWY441/US 98) and less than 1,500 feet from Lake Okeechobee Park, the site is positioned in a prime location. Lake Okeechobee is a destination for bass fishing tournaments, attracting anglers and visitors. The property is suitable for a resort, hotel, restaurant, or various types of residential development, including tiny homes, cottages, and townhomes, catering to tourism-related ventures. Okeechobee is experiencing significant growth and transformation, making this parcel a potential investment opportunity. The property is currently occupied by month-to-month tenants and 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 Auto Parts Store Hotel & Motel Department Store Bar & Pub Storage Facility Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Okeechobee
    County
    Okeechobee
    State
    Florida
    Longitude
    -80.835168
    Latitude
    27.195642

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    FAQs

    What type of property is this?
    Land - 11.71 acres in Okeechobee's sought-after Resort Corridor.
    Where is this land located?
    The property is located at 672 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 the designated "Resort Corridor" development zone.; - Prime location for tourism-related development such as a resort, hotel, restaurant, or residential property.; - Less than 1,500 feet from Lake Okeechobee Park.
    (954) 688-5400
    Request Owner's contact information
    672 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

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    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
    672 State Road 78 Okeechobee, FL 34974
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