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Under Contract
4 Days on Market
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How this price compares

Asking price
$40,000
Price per sq ft
N/A
Original price
Unchanged
Days on market
4

This lot in The Southern Colonization Company Plat went under contract with an asking price of $40,000. It spent 4 days on the market before going under contract.

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

Estimated monthly payment

$210 /mo

Principal and interest only, based on $8,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$40,000
Days on Site
4 Days
Bedrooms
0
Total Baths
0
Lot Size
1.25 Acres
Property Type
Land
MLS #
R11080501
Property Tax
$489 (2024)
Subdivision
THE SOUTHERN COLONIZATION COMPANY PLAT
County
Okeechobee
Status
Under Contract

About This Property

Located in the highly sought-after Viking Estates/The Prairie, this 1.25-acre high-and-dry lot sits outside flood and wetland zones, making it ideal for both recreation and future development. Picture your weekends surrounded by nature—riding ATVs, dirt bikes, UTVs, or simply relaxing under the beautiful canopy of mature trees. Whether you're looking to build your dream home or weekend compound, this property is a blank canvas. Just add a well and septic, and you're set! No HOA, no restrictions—just wide open freedom in Florida's best kept secret.

General Features

Property Type
Land
Status
Under Contract
Direction Faces
North
Lot Size (Acres)
1.25
Zoning
0007

Exterior Features

Lot Features
One To Two Acres / Agricultural / Cleared / Residential Lot
Waterfront
Yes

Community & HOA

Utilities
None
Financing Terms
Cash
MLS Area
5940 - Other Florida County
Homes for Sale
12
Under Contract
4
Median List Price
$411,000
Median $/Sq Ft
$281
Avg Days on Market
116
View all 12 homes for sale in The Southern Colonization Company →
How do I schedule a tour of 20320 NW 242nd Street, Okeechobee, FL 34972?
Use the Tour button on this listing to request a showing of 20320 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 20320 NW 242nd Street, Okeechobee, FL 34972 still available?
20320 NW 242nd Street, Okeechobee, FL 34972 is currently listed as Under Contract, and has been on the market 4 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 20320 NW 242nd Street, Okeechobee, FL 34972?
With 20% down ($8,000) on the $40,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 20320 NW 242nd Street, Okeechobee, FL 34972 is about $210/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 20320 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 20320 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.
Can I negotiate the price of 20320 NW 242nd Street, Okeechobee, FL 34972?
Often, yes. The right offer on 20320 NW 242nd Street, 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 Partnership Realty Inc.

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 July 1, 2026.

$40,000

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Listed by Gloria Carvajal Rivera, Partnership Realty Inc.

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