Skip to content
16734 NW 242nd, Okeechobee, FL 34972
Active
163 Days on Market
Loading photos…
All Listings

How this price compares

List price
$130,000
Price per sq ft
N/A
Original price
$150,000
Days on market
163

This lot in Southern Colonization is listed at $130,000. The asking price has come down 13.3% from its original $150,000. It has been on the market for 163 days.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
N/A
Year Built

Estimated monthly payment

$683 /mo

Principal and interest only, based on $26,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$130,000
Days on Site
163 Days
Bedrooms
0
Total Baths
0
Lot Size
2.5 Acres
Property Type
Land
MLS #
A12000532
Property Tax
$728 (2025)
Subdivision
SOUTHERN COLONIZATION
County
Okeechobee
Status
Active

About This Property

Prime residential lot opportunity in Okeechobee, Okeechobee County.Situated near major highways, this property offers convenient access to highways (approximately 1.79 miles), M&S Trash Removal (1.84 miles), and Texarican (1.65 miles). The lot is located in Flood Zone X, indicating minimal flood risk outside the 100- and 500-year floodplains with no special elevation requirements or major permitting hurdles for construction. However, the property contains Wet Prairie Wetlands (Code 6430), classified as protected wetlands. This may restrict development, requiring environmental permits from agencies such as the USACE or local authorities, possible mitigation or avoidance plans, and could significantly limit the buildable area. Buyer must contact Okeechobee County Planning Department for official verification on allowed residential uses including single-family homes, manufactured homes, or other options, as well as all setbacks, utility availability, and development requirements. The property is available for a self-guided tour. This lot is not available for rent or lease.

Virtual Tour

General Features

Property Type
Land
Status
Active
Direction Faces
North
Lot Size (Acres)
2.5

Community & HOA

Financing Terms
Cash
MLS Area
6240 - NW County (OK)

Schools

Elementary School
Seminole (Okeechobee)
Middle School
Yearling
High School
Okeechobee
Homes for Sale
41
Median List Price
$352,450
Median $/Sq Ft
$228
Avg Days on Market
155
View all 41 homes for sale in Southern Colonization →
How do I schedule a tour of 16734 NW 242nd, Okeechobee, FL 34972?
Use the Tour button on this listing to request a showing of 16734 NW 242nd, Okeechobee, FL 34972. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 16734 NW 242nd, Okeechobee, FL 34972 still available?
16734 NW 242nd, Okeechobee, FL 34972 is currently listed as Active, and has been on the market 163 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 16734 NW 242nd, Okeechobee, FL 34972?
With 20% down ($26,000) on the $130,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16734 NW 242nd, Okeechobee, FL 34972 is about $683/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 16734 NW 242nd, Okeechobee, FL 34972?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 16734 NW 242nd, Okeechobee, FL 34972. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 16734 NW 242nd, Okeechobee, FL 34972?
16734 NW 242nd, Okeechobee, FL 34972 is zoned for Seminole (Okeechobee) (elementary), Yearling (middle), Okeechobee (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 16734 NW 242nd, Okeechobee, FL 34972?
Often, yes. The right offer on 16734 NW 242nd, Okeechobee, FL 34972 depends on how it's priced against comparable land sales in Okeechobee, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Sunland Real Estate, LLC.

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$130,000

Interested in This Property?

Contact us to schedule a showing or ask a question.

Re: 16734 NW 242nd, Okeechobee, FL 34972

By submitting you agree to our Privacy Policy and Terms of Use.

Own a home near this one? See what it would sell for today

Listed by Javier Omar Santana, Sunland Real Estate, LLC.

More Homes in SOUTHERN COLONIZATION

View the Community →

Similar Listings in Okeechobee

All Okeechobee Homes →