$283,000
18720 NW 242nd Street
Okeechobee, FL 34972
Explore the area: Okeechobee homes for sale · Okeechobee County real estate
Price Check
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.
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.
Customize this estimateListing 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 linkGeneral 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
About the Community
- 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
Frequently Asked Questions
- 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
Map & Location
Cities in Okeechobee County
Zip Codes in Okeechobee County
Property Types
Recent Sales
Recently sold homes in Southern Colonization Company
These are the last 6 recorded closings in Southern Colonization Company, with the price each home actually sold for rather than what it was listed at. They closed at a median of $197 per square foot. The most recent closed on September 23, 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$220,000
Sold · September 23, 2026
19084 NW 306TH Street
2 bed · 2 bath · 1,102 sqft · $200/sqft
$9,900 under the asking price
Sold$31,000
Sold · September 15, 2026
19025 NW 272nd Street
0 bed · 0 bath
$2,000 under the asking price
Sold$380,000
Sold · September 4, 2026
18034 NW 286th Street
4 bed · 3 bath · 2,526 sqft · $150/sqft
$80,000 under the asking price
Sold$60,000
Sold · July 29, 2026
16436 NW 256th Street
0 bed · 0 bath
$5,000 under the asking price
Sold$360,000
Sold · June 5, 2026
14973 NW 240th Street
3 bed · 2 bath · 1,827 sqft · $197/sqft
$19,000 under the asking price
Sold$7,700
Sold · June 1, 2026
0 NW 312th Street
0 bed · 0 bath
$4,300 under the asking price
See every recorded sale in Southern Colonization Company or find out what your Southern Colonization Company home is worth.










