Mixed-Use Commercial Land
For Sale
$475,000
2516 Us-98 Highway, Okeechobee, FL 34972
COMMERCIAL - Okeechobee, FL
Property SizeContact for details
Lot Size1.55 Acres
Days on Market374
Property Features for 2516 Us-98 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mix Use Commerc
Vegetation
Grassed
Fencing
Gate, Privacy, Chain Link, Barbed Wire
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
(954) 450-2000
Listed By:
Rodrigo A Vilches · License #688905
(954) 274-7990
Added: Jul 30, 2025
Changed: Aug 5
Last Checked: Aug 7 at 11:06AM
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.
Investment Insights
Based on property information with market context.
This commercial land parcel is 1.55 acres and is set up for a mixed-use development. According to the seller, the zoning allows mixed use, with permits already approved to build a single-family home in the back while allowing commercial mixed use at the front facing the highway.
The seller states the lot has been prepared and filled, with plumbing installed and city water services and electricity in place. An operating well is also included, with permits.
The property is described as ready to build, and the seller indicates they may consider owner financing subject to certain conditions and terms.
The seller states the lot has been prepared and filled, with plumbing installed and city water services and electricity in place. An operating well is also included, with permits.
The property is described as ready to build, and the seller indicates they may consider owner financing subject to certain conditions and terms.
Key Highlights
- Mixed‑use zoning allows commercial use at the front facing the highway and a single‑family home in the back
- Approved permits to build a single‑family home in the back while keeping commercial mixed‑use at the front
- Land already prepared and filled; plumbing installed and city water services and electricity connected
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
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
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 - Zoned for mixed commercial use with approved permits for a single-family home 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 $475,000.
What are key features of this property?
This property features: Mixed‑use zoning allows commercial use at the front facing the highway and a single‑family home in the back; Approved permits to build a single‑family home in the back while keeping commercial mixed‑use at the front; Land already prepared and filled; plumbing installed and city water services and electricity connected
