
$130,000
16734 NW 242nd
Okeechobee, FL 34972
Explore the area: Okeechobee homes for sale · Okeechobee County real estate
Price Check
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.
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 estimateListing 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 TourGeneral 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
About the Community
- Homes for Sale
- 41
- Median List Price
- $352,450
- Median $/Sq Ft
- $228
- Avg Days on Market
- 155
Frequently Asked Questions
- 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
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Listed by Javier Omar Santana, Sunland Real Estate, LLC.
Map & Location
Cities in Okeechobee County
Zip Codes in Okeechobee County
Property Types
Recent Sales
Recently sold homes in Southern Colonization
These are the last 6 recorded closings in Southern Colonization, with the price each home actually sold for rather than what it was listed at. They closed at a median of $205 per square foot. The most recent closed on September 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$283,000
Sold · September 15, 2026
19411 NW 258th Street
3 bed · 2 bath · 1,380 sqft · $205/sqft
$9,500 under the asking price
Sold$28,000
Sold · September 7, 2026
18826 NW 260th Street
0 bed · 0 bath
$4,000 under the asking price
Sold$300,000
Sold · September 4, 2026
18574 NW 284th Street
4 bed · 2 bath · 1,707 sqft · $176/sqft
$9,000 under the asking price
Sold$28,000
Sold · September 1, 2026
21335 270th Street
0 bed · 0 bath
$3,900 under the asking price
Sold$35,000
Sold · August 18, 2026
15138 NW 262nd Street
0 bed · 0 bath
Sold$32,000
Sold · August 17, 2026
20420 NW 304TH Street
0 bed · 0 bath
See every recorded sale in Southern Colonization or find out what your Southern Colonization home is worth.









