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Corner Lot in Resort Recreation Land
For Sale
$210,000

502 SW 40th Cove, Okeechobee, FL 34974

LAND - Okeechobee, FL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market212

Property Features for 502 SW 40th Cove

General Information

Property type Land
Property subtype Other
High school district 000000
Directions Take Parrott Avenue to McDonalds, take street beside McDonalds to the back and stop at office and check in.
Standard status Active
APN 1-33-37-35-0040-00000-0630
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 1534
HOA Fee $339 Monthly
Listing Agency: ANDERSON REALTY CO
Listed By: Vicki Anderson · License #3184550
Added: Jan 27 Changed: Aug 5 Last Checked: Aug 27 at 4:06PM
MLS# 11638028

Copyright © 2026 My State MLS. 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 recreation land corner lot offers a compact, well-kept outdoor setting with lake views. The property includes a charming tiki hut with patio furniture, providing an immediate place to relax or host guests.

Located at 502 SW 40th Cove in Okeechobee, the lot is within the Silver Palms 5-Star Resort. Resort amenities described for this community include a clubhouse, a heated pool, a library, a pool room, and courts for volleyball and pickleball.

With its combination of an on-lot gathering space and access to a broad amenity set, this property may be a strong fit for buyers looking for a resort-area recreation site in a lake-view setting.

Key Highlights

  • 0.08‑acre corner lot in Silver Palms 5‑Star Resort
  • Tiki hut on‑site with patio furniture
  • Lake views from the property

Property Analytics

Current Use

Recreation land

Suggested Use

Top Pick Butcher Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 34974, FL

23,699
Population
13,850
Households
1.7
Avg Household Size
50
Median Age
16%
College-Educated
83%
High-School Grad
376.7 sq mi
ZIP Area
63
Density / Sq Mi
$50,671
Median Household Income
$36,000
Median Earnings
$958
Median Rent
$162,900
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?
Recreation land - Resort corner lot featuring a tiki hut with patio furniture and lake views, with access to clubhouse and heated pool amenities.
Where is this recreation land located?
The property is located at 502 SW 40th Cove Okeechobee, FL.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 0.08‑acre corner lot in Silver Palms 5‑Star Resort; Tiki hut on‑site with patio furniture; Lake views from the property
More about this property
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