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Commercial Land with Mixed-Use Zoning

2516 Us-98 Highway, Okeechobee, FL 34972

For Sale
$470,000

Land, Okeechobee, FL

Property SizeContact for details
Lot Size1.55 Acres
Days on Market473

Property Features for 2516 Us-98 Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mix Use Commerc
Vegetation Grassed
Fencing Gate, Chain Link, Barbed Wire, Privacy
Subdivision Basswood Inc Un #5
Lot features Fruit Tree(s), Cleared, Build to Suit, Compact Soil, Curbs, De- Mucked, Ditched, Drainage, Drip System, Filled, Street Lights
Elementary school Seminole (Okeechobee)
Middle school Yearling
High school Okeechobee
Directions GPS is very accurate
Standard status Active
APN R10537350050005900540
Lot size 1.55 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BASSWOOD, INC. UNIT NO 5 (PLAT BOOK 3 PAGE 51) LOTS 54, 55 & 56 BLOCK 59
Tax Annual Amount 2303
Legal Description BASSWOOD, INC. UNIT NO 5 (PLAT BOOK 3 PAGE 51) LOTS 54, 55 & 56 BLOCK 59

Utilities

Utilities Cable Available
Sewer type Septic Tank
Water source Public

Building Details

Additional Structures RV/Boat Storage
Listing Agency: United Realty Group Inc
Listed By: Rodrigo A Vilches · License FL #688905
Added: Jul 30, 2025 Changed: Oct 31 Last Checked: Nov 14 at 12:06AM
MLS# F10517741

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.

Rey
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Investment Insights

Based on property information with market context.

This 1.55-acre commercial land parcel carries mixed-use commercial zoning and has approved permits for a single-family home at the rear, while the portion facing US-98 Highway is designated for commercial use. The site has been filled and includes installed plumbing, public water service, electricity, and an operating permitted well. Septic service is in place, and cable is available.

The property is enclosed with chain-link, barbed-wire, and privacy fencing, with a gate included. Its address places the parcel on US-98 Highway in Okeechobee, providing a defined setting for a combined commercial and residential project. The existing site work and documented permits provide a factual basis for planning the intended mixed-use layout.

Key Highlights

  • 1.55‑acre commercial land parcel
  • Mixed‑use commercial zoning
  • Approved permits for a single‑family home at the rear

Property Analytics

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Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Water rights

Location Intelligence

Trade Area within ½ mile

45
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Okeechobee

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Mixed-use commercial zoning supports a commercial frontage with an approved single-family residential component at the rear.
Where is this commercial land located?
The property is located at 2516 Us-98 Highway Okeechobee, FL.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 1.55‑acre commercial land parcel; Mixed‑use commercial zoning; Approved permits for a single‑family home at the rear
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