$1,700,000
5001 S Kenansville Road
Okeechobee, FL 34972
None
Explore the area: Osceola County real estate
Price Check
How this price compares
- List price
- $1,700,000
- Price per sq ft
- N/A
- Original price
- $2,099,000
- Days on market
- 225
This lot is listed at $1,700,000. The asking price has come down 19% from its original $2,099,000. It has been on the market for 225 days.
Estimated monthly payment
$8,934 /mo
Principal and interest only, based on $340,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,700,000
- Days on Site
- 225 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 40.84 Acres
- Property Type
- Land
- MLS #
- R11164725
- Property Tax
- $113 (2025)
- Subdivision
- None
- County
- Osceola
- Status
- Active
About This Property
This expansive 40.84-acre property in Okeechobee is located at the Florida Turnpike/State Road 60 exit at Yeehaw Junction - only 30 minutes from Vero Beach and central to all major Florida markets. Currently zoned RMH residential with almost 6 acres of the property approved for commercial future land use. In addition to potential residential development, this property is in a prime location for various industrial and commercial uses such as distribution centers or mixed use. Features 1700 feet of frontage on the Turnpike with an income-generating billboard and 1700 feet of frontage on US 441/Kenansville Rd. Owned by the same family for over 50 years. The adjacent 205+ acre property is also available for purchase for a potential of 246+ acres combined.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- Northwest
- Lot Size (Acres)
- 40.84
- Zoning
- RMH+Commercial
Exterior Features
- Lot Features
- Cleared / Other
Community & HOA
- Utilities
- Electricity Available / None / Sewer Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 5940 - Other Florida County
About the Area
Okeechobee offers a range of housing options across Martin County. Pure Equity lists homes in Okeechobee and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 830
- Under Contract
- 121
- Median List Price
- $279,450
- Median Sale Price (September)
- $275,000
- Median $/Sq Ft
- $200
- Avg Days on Market
- 169
Frequently Asked Questions
- How do I schedule a tour of 5001 S Kenansville Road, Okeechobee, FL 34972?
- Use the Tour button on this listing to request a showing of 5001 S Kenansville Road, 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 5001 S Kenansville Road, Okeechobee, FL 34972 still available?
- 5001 S Kenansville Road, Okeechobee, FL 34972 is currently listed as Active, and has been on the market 225 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 5001 S Kenansville Road, Okeechobee, FL 34972?
- With 20% down ($340,000) on the $1,700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5001 S Kenansville Road, Okeechobee, FL 34972 is about $8,934/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 5001 S Kenansville Road, Okeechobee, FL 34972?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5001 S Kenansville Road, 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 5001 S Kenansville Road, Okeechobee, FL 34972?
- Often, yes. The right offer on 5001 S Kenansville Road, 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 Berman Realty
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 25, 2026.
$1,700,000
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Listed by Bob Berman, Berman Realty
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