Commercial Real Estate Market in Okeechobee, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
255 active listings and 1,483 off-market properties in Okeechobee, FL. Commercial property asks $96/SF to buy and $14.50/SF/Yr to lease.
Market Trends
Okeechobee, FL spans 1,231.1 square miles in Okeechobee County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Okeechobee, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Okeechobee, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Okeechobee, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Okeechobee, FL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 53.6%
- Commercial 19.2%
- Industrial 13.9%
- Planned_development 2%
Largest Zones share of zoned land by district
Residential Single Family One
Residential Multiple Family
Heavy Commercial
Industrial
Holding
Okeechobee, FL zones 2,633 acres across 12 districts. Commercial zoning covers 19.2% of zoned land, residential 53.6% and industrial 13.9%. The largest single district is Residential Single Family One at 36.7%. For commercial buyers the practical constraint is that only 33.1% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Okeechobee, FL has 43,213 residents in 20,854 households. Density runs 35 people per square mile. Median household income here is $52,130 and median gross rent $974 a month.
43,213
Population
20,854
Households
2.1
Avg Household Size
43
Median Age
16%
College-Educated
80%
High-School Grad
1231.1 sq mi
ZIP Area
35
Density / Sq Mi
$52,130
Median Household Income
$34,922
Median Earnings
$974
Median Rent
$176,628
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Okeechobee?
Commercial property in Okeechobee, FL asks an average of $96 per square foot.
How much does it cost to lease commercial space in Okeechobee?
Asking lease rates in Okeechobee, FL average $14.50 per square foot per year.
What zoning applies to commercial property in Okeechobee?
Okeechobee, FL zones 2,633 acres across 12 districts, of which 19.2% is commercial and 13.9% industrial. The largest single district is Residential Single Family One at 36.7% of zoned land. Residential zoning covers 53.6% and open space 0%.
Where does Realmo's Okeechobee market data come from?
Realmo compiles Okeechobee, FL figures from 3 recent recorded sales, 249 active sale listings, 6 active lease listings, 1,483 tracked off-market properties, the current Okeechobee zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 249 active for-sale and 6 active for-lease listings in Okeechobee, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,633 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
