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18720 NW 242nd Street, Okeechobee, FL 34972
Active
104 Days on Market
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How this price compares

List price
$283,000
Price per sq ft
$190
Vs. nearby sales
3.6% below
Days on market
104

This 3-bedroom single-family home in Southern Colonization Company is listed at $283,000, or $190 per square foot. The asking price has come down 5.7% from its original $299,999. It has been on the market for 104 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $197 per square foot, so the asking price is 3.6% below what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,493
Living Sq Ft
2025
Year Built

Estimated monthly payment

$1,487 /mo

Principal and interest only, based on $56,600 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$283,000
Days on Site
104 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,493 sqft
Total Sq Ft
1,493 sqft
Lot Size
1.25 Acres
Year Built
2025
Property Type
Single Family
MLS #
B26042001
Property Tax
$437 (2025)
Subdivision
SOUTHERN COLONIZATION COMPANY
County
Okeechobee
Status
Active
Special Conditions
Standard

About This Property

Welcome to your slice of country paradise! This beautifully designed 2025 home offers 3 spacious bedrooms, 2 full bathrooms, and sits on a peaceful 1.25-acre lot complete with a charming small pond. Thoughtfully laid out with modern finishes and an open-concept design, this home is move-in ready while still offering plenty of potential to make it your own. Whether you're dreaming of a workshop, garden, additional outdoor living space, or simply enjoying the extra room to roam, this property provides endless possibilities. Enjoy the perfect blend of comfort, privacy, and country living in a newer home that's been amazingly set up for both everyday living and future growth. Don't miss this opportunity to own a beautiful piece of property with space to create your vision! Some images may include virtual staging and/or digital enhancements. These images are intended to illustrate the property's potential and may not reflect its current condition. Furniture, décor, landscaping, and other items shown may be digitally added, removed, or modified. Buyers are encouraged to verify all features, dimensions, and property conditions through personal inspection.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
2025
Property Condition
Resale
Number of Stories
1
Levels
One
Direction Faces
North
Lot Size (Acres)
1.25
Living Sq Ft
1,493
Total Sq Ft
1,493
Sewer
Private Sewer / Septic Tank
Water Source
Well
Zoning
res

Interior Features

Appliances
Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Range / Refrigerator / Water Softener Owned / Water Softener / Water Heater
Cooling
Central Air
Heating
Central
Flooring
Vinyl / Wood
Interior Features
Built In Features / Bathtub / Dual Sinks / Kitchen Island / Main Level Primary / Pantry / Split Bedrooms / Soaking Tub / Separate Shower / Bar
Laundry
Washer Hookup / Inside / Laundry Room
Main Level Bedrooms
3
Main Level Baths
3

Exterior Features

Construction
Other
Roof
Shingle
Exterior Features
None
Architectural Style
Other / Mobile Home
Lot Features
One To Two Acres
Waterfront
Yes
Waterfront Features
Pond

Community & HOA

Security
Smoke Detectors
Utilities
Cable Available / Water Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Usda Loan / Va Loan
Restrictions
See Remarks
MLS Area
6240 - NW County (OK)

Schools

Elementary School
Seminole (Okeechobee)
Middle School
Yearling
High School
Okeechobee
Homes for Sale
41
Under Contract
6
Median List Price
$369,900
Median Sale Price (September)
$300,000
Median $/Sq Ft
$287
Avg Days on Market
134
View all 41 homes for sale in Southern Colonization Company →
How do I schedule a tour of 18720 NW 242nd Street, Okeechobee, FL 34972?
Use the Tour button on this listing to request a showing of 18720 NW 242nd Street, 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 18720 NW 242nd Street, Okeechobee, FL 34972 still available?
18720 NW 242nd Street, Okeechobee, FL 34972 is currently listed as Active, and has been on the market 104 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 18720 NW 242nd Street, Okeechobee, FL 34972?
With 20% down ($56,600) on the $283,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 18720 NW 242nd Street, Okeechobee, FL 34972 is about $1,487/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 18720 NW 242nd Street, Okeechobee, FL 34972?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 18720 NW 242nd Street, 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 18720 NW 242nd Street, Okeechobee, FL 34972?
18720 NW 242nd Street, 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 18720 NW 242nd Street, Okeechobee, FL 34972?
Often, yes. The right offer on 18720 NW 242nd Street, Okeechobee, FL 34972 depends on how it's priced against comparable single family 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 All Properties Realty Group

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.

$283,000

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Listed by Renee Box, All Properties Realty Group

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