0 Perch St Okeechobee, FL 34974
This exceptional 16-acre property in Glades County, Florida, presents a unique redevelopment opportunity. Located in Buckhead Ridge near Okeechobee, the land is zoned for commercial use and offers significant potential for various projects. The site's size allows for diverse development, including a mobile home park, senior living facility, or a combination of residential and commercial uses. The property's location provides access to Lake Okeechobee and its recreational opportunities, while also benefiting from the economic advantages of Glades County, including access to transportation corridors and business parks. The asking price is $1,400,000, and owner financing is available. This presents a compelling investment opportunity in a rapidly growing area of South Florida. The property's APN is A19-38-35-A00-008B-0000. The property is comprised of two parcels: one slightly larger than 8 acres suitable for residential development, such as a tiny home community, and another parcel of approximately 7.01 acres suitable for commercial development, potentially including a single-family subdivision or multifamily complex. A mixed-use development with planned unit development (PDU) zoning is also feasible. The property's strategic location and diverse development possibilities make it an attractive investment for developers, builders, and investors seeking a high-return project in a desirable South Florida location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.