$40,000
20320 NW 242nd Street
Okeechobee, FL 34972
THE SOUTHERN COLONIZATION COMPANY PLAT
Explore the area: Okeechobee homes for sale · Okeechobee County real estate
Price Check
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.
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 estimateListing 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
About the Community
- Homes for Sale
- 12
- Under Contract
- 4
- Median List Price
- $411,000
- Median $/Sq Ft
- $281
- Avg Days on Market
- 116
Frequently Asked Questions
- 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.
Map & Location
Cities in Okeechobee County
Zip Codes in Okeechobee County
Property Types
Recent Sales
Recently sold homes in The Southern Colonization Company Plat
These are the last 6 recorded closings in The Southern Colonization Company Plat, with the price each home actually sold for rather than what it was listed at. They closed at a median of $218 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$38,000
Sold · September 15, 2026
19029 NW 258TH Street
0 bed · 0 bath
$4,500 under the asking price
Sold$26,000
Sold · September 3, 2026
18396 NW 284TH Street
0 bed · 0 bath
Sold$84,500
Sold · August 19, 2026
18561 NW 306th Street
0 bed · 0 bath
$5,400 under the asking price
Sold$40,000
Sold · June 23, 2026
17229 NW 314th Street
0 bed · 0 bath
$9,500 under the asking price
Sold$65,000
Sold · June 15, 2026
19833 NW 280th Street
0 bed · 0 bath
Sold$272,500
Sold · June 12, 2026
14615 NW 246th Street
3 bed · 2 bath · 1,248 sqft · $218/sqft
$6,500 under the asking price
See every recorded sale in The Southern Colonization Company Plat or find out what your The Southern Colonization Company Plat home is worth.









