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2516 Us-98 Highway, Okeechobee, FL 34972
Active
435 Days on Market
Virtual Tour
1 / 29
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How this price compares

List price
$470,000
Price per sq ft
N/A
Original price
$540,000
Days on market
435

This lot in Basswood Inc Un #5 is listed at $470,000. The asking price has come down 13% from its original $540,000. It has been on the market for 435 days.

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

Estimated monthly payment

$2,470 /mo

Principal and interest only, based on $94,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$470,000
Days on Site
435 Days
Bedrooms
0
Total Baths
0
Lot Size
1.55 Acres
Property Type
Land
MLS #
F10517741
Property Tax
$2,303 (2024)
Subdivision
Basswood Inc Un #5
County
Okeechobee
Status
Active
Special Conditions
Standard / Build To Suit / Listed As Is

About This Property

PRICE REDUCTION, SELLER FINANCING, ! This is for sure the perfect deal, The zoning allows mix use, already approved permits to build a single family home in the back while allowing commercial mix use at front facing the HWY. The seller already prepared and filled the land, installed plumbing, city's water services and electricity, also the lot have a well in operation and with permits. I said the perfect lot for the investor hopping to have their business close to home. The price is very realistic and the value is already in the fact that permits and zoning are already in place. Ready to build, bringing your project here should be a smart option, close to the city center, highways and services. Seller may consider owner financing subject to certain conditions and terms.

MLS media link

General Features

Property Type
Land
Status
Active
Property Condition
Under Construction
Direction Faces
South
Lot Size (Acres)
1.55
Sewer
Septic Tank
Water Source
Public
Zoning
Mix Use Commerc

Exterior Features

Lot Features
One To Two Acres / Cleared / Compact Soil / City Lot / Drip Irrigation Bubblers / Drainage / Fruit Trees / Industrial Park / Residential Lot / Rural Lot / Subdivision / Easement
Waterfront Features
None
View
Garden / Other

Community & HOA

Community Features
Curbs / Equestrian Facilities / Near Schools / Shopping / Street Lights
Utilities
Cable Available / Electricity Connected / Other / Phone Available / Underground Utilities / Water Available
Financing Terms
Assumable / Cash / Exchange1031 / Owner May Carry / Private Financing Available
Restrictions
City Restrictions
MLS Area
6240 - NW County (OK)

Schools

Elementary School
Seminole (Okeechobee)
Middle School
Yearling
High School
Okeechobee

Features & Amenities

None
Homes for Sale
2
Under Contract
0
Median List Price
$187,000
Median $/Sq Ft
$201
Avg Days on Market
246
View all 2 homes for sale in Basswood Inc Un →
How do I schedule a tour of 2516 Us-98 Highway, Okeechobee, FL 34972?
Use the Tour button on this listing to request a showing of 2516 Us-98 Highway, 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 2516 Us-98 Highway, Okeechobee, FL 34972 still available?
2516 Us-98 Highway, Okeechobee, FL 34972 is currently listed as Active, and has been on the market 435 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 2516 Us-98 Highway, Okeechobee, FL 34972?
With 20% down ($94,000) on the $470,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2516 Us-98 Highway, Okeechobee, FL 34972 is about $2,470/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 2516 Us-98 Highway, Okeechobee, FL 34972?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2516 Us-98 Highway, 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 2516 Us-98 Highway, Okeechobee, FL 34972?
2516 Us-98 Highway, 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 2516 Us-98 Highway, Okeechobee, FL 34972?
Often, yes. The right offer on 2516 Us-98 Highway, 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 United Realty Group 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 June 23, 2026.

$470,000

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Listed by Rodrigo A Vilches, United Realty Group Inc

Recently sold homes in Basswood Inc Un #5

These are the last 2 recorded closings in Basswood Inc Un #5, 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 October 17, 2025. 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.

See every recorded sale in Basswood Inc Un #5 or find out what your Basswood Inc Un #5 home is worth.

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