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5729 US-98, Okeechobee, FL 34972
Active
45 Days on Market
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$850,000

5729 US-98

Okeechobee, FL 34972

Fra-Mar Ranches

Explore the area: Okeechobee homes for sale · Okeechobee County real estate

How this price compares

List price
$850,000
Price per sq ft
$509
Original price
$875,000
Days on market
45

This 3-bedroom single-family home in ZIP 34972 is listed at $850,000, or $509 per square foot. The asking price has come down 2.9% from its original $875,000. It has been on the market for 45 days.

3
Bedrooms
2
Bathrooms
1,670
Living Sq Ft
2025
Year Built

Estimated monthly payment

$4,467 /mo

Principal and interest only, based on $170,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$850,000
Days on Site
45 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,670 sqft
Total Sq Ft
1,670 sqft
Lot Size
10 Acres
Year Built
2025
Property Type
Single Family
MLS #
B26067027
Property Tax
$3,892 (2025)
Subdivision
Fra-Mar Ranches
County
Okeechobee
Status
Active
Special Conditions
Standard / Listed As Is

About This Property

Income producing property!!! New 3 br, 2 bath double wide manufactured home on a 10 acre fenced and cross fenced parcel with an 8 stall barn. This 2025 Live Oak Homes, Horizon model boasts 1670 sq ft of luxury living. The oversized kitchen offers a large country accent island with stainless dual sinks and dishwasher as well as plenty of storage and cabinet space. New appliances and laminate wood flooring throughout. The large master bedroom offers a walk in closet and oversized bathroom with dual sinks, walk in shower, separate roman tub and large storage cabinet. Sip your coffee or cocktail out back to an amazing view on the 18 x 24 covered screened patio with ceiling fan and carport. Stroll down the driveway to the 40 x 60, 8, 12 x 28 stall barn that could easily be converted to a 16, 12 x 14 stall barn. All stalls come with stall mats, automatic waterers and overhead fans. Complete with feed and tack rooms with ceiling fans with a bathroom and sink. The property has 7 cross fenced pastures that can be divided for more pasture space. The 60' round pen stays with the property. All farm equipment available for purchase as well. Onsite barn manager and lawn maintenance person available to remain if desired. The house comes equipped with insurance approved hurricane fabric protection for all openings. Bring your own horses or start your own boarding or training facility. Just 8 minutes from town. This one is a true money making gem.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
2025
Property Condition
Resale
Number of Stories
1
Levels
One
Parking
Attached Carport / Aggregate / Attached / Covered / Carport / Golf Cart Garage / Gravel
Direction Faces
Southeast
Lot Size (Acres)
10
Living Sq Ft
1,670
Total Sq Ft
1,670
Sewer
Septic Tank
Water Source
Well
Zoning
Residential agg

Interior Features

Appliances
Cooktop / Dryer / Dishwasher / Electric Cooktop / Electric Range / Electric Water Heater / Freezer / Ice Maker / Microwave / Oven / Refrigerator / Water Softener Owned / Water Softener / Vented Exhaust Fan / Water Heater / Washer
Cooling
Central Air
Heating
Central
Flooring
Laminate
Interior Features
Breakfast Bar / Bedroom On Main Level / Breakfast Area / Bathtub / Dual Sinks / Eat In Kitchen / Garden Tub Roman Tub / High Ceilings / Kitchen Island / Kitchen Dining Combo / Main Level Primary / Pantry / Split Bedrooms / Soaking Tub / Separate Shower / Tub Shower / Bar / Walk In Closets
Laundry
Washer Hookup / Electric Dryer Hookup / Inside / Laundry Closet / Main Level / Laundry Room / Laundry Tub / In Unit / Sink
Main Level Bedrooms
3
Main Level Baths
2

Exterior Features

Construction
Vinyl Siding
Roof
Metal
Exterior Features
Outdoor Living Area / Room For Pool
Patio & Porch
Covered / Patio / Porch / Screened
Lot Features
Many Trees

Community & HOA

Community Features
Equestrian Facilities
Security
Fire Alarm
Utilities
Cable Available / Electricity Connected / Natural Gas Not Available / Underground Utilities / Water Connected
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions / Ok To Lease
MLS Area
6240 - NW County (OK)

Schools

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

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
View all 830 homes for sale in Okeechobee →
How do I schedule a tour of 5729 US-98, Okeechobee, FL 34972?
Use the Tour button on this listing to request a showing of 5729 US-98, 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 5729 US-98, Okeechobee, FL 34972 still available?
5729 US-98, Okeechobee, FL 34972 is currently listed as Active, and has been on the market 45 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 5729 US-98, Okeechobee, FL 34972?
With 20% down ($170,000) on the $850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5729 US-98, Okeechobee, FL 34972 is about $4,467/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 5729 US-98, Okeechobee, FL 34972?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5729 US-98, 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 5729 US-98, Okeechobee, FL 34972?
5729 US-98, 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 5729 US-98, Okeechobee, FL 34972?
Often, yes. The right offer on 5729 US-98, 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 Stellar 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 August 30, 2026.

$850,000

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Listed by Angie L Darr, Stellar Realty Group

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