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Property profile & analytics
OFF-MARKET
Retirement homes

0 Perch St Okeechobee, FL 34974

16 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retirement homes
Lot 16 ac (696,960 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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