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Lakefront Community · Okeechobee, FL
Treasure Island is a sought-after waterfront pocket of Okeechobee, set on the strip of land between Taylor Creek and Lake Okeechobee. Its canal-front lots offer direct boat access to the lake, drawing anglers and boaters, and many homes are available without HOA restrictions.
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Market Overview
There are 5 active listings for sale in Treasure Island right now. The median list price is $265,000, or about $184 per square foot. Listings span $170,000 to $350,000, so there is inventory across most budgets. Homes are averaging 145 days on market. These figures update from the MLS as the market moves.
Treasure Island Market Stats
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About Treasure Island
Treasure Island is a sought-after waterfront pocket of Okeechobee, set on the strip of land between Taylor Creek and Lake Okeechobee. Its canal-front lots offer direct boat access to the lake, drawing anglers and boaters, and many homes are available without HOA restrictions.
Treasure Island is a lakefront community in Okeechobee, set within one of Florida's most distinctive inland markets along the shores and canals near Lake Okeechobee. Homes here range from canal-front and waterfront residences to more modest fishing retreats, reflecting an area built around water access rather than the manicured subdivisions of coastal South Florida. Pricing tends to be considerably more affordable than the Atlantic coast, which makes Okeechobee lakefront property attractive to anglers, weekenders, and full-time residents who want direct or near access to the lake and its renowned bass fishing at a fraction of coastal cost.
The location defines the lifestyle. Okeechobee sits at the north end of Lake Okeechobee, the largest freshwater lake in the state, and the community's appeal is rooted in boating, fishing, and the open rural character of the region. The town of Okeechobee provides everyday shopping, services, and dining, while U.S. 441 and U.S. 98 connect the area to the Treasure Coast to the east and the interior to the west and north. For buyers coming from denser metros, the trade is space, quiet, and water access in exchange for a longer drive to big-city amenities, and for many that exchange is exactly the point.
Practically, waterfront and canal property near Lake Okeechobee brings flood and insurance considerations to the forefront, so buyers should review the flood zone, elevation, and current insurance quotes carefully, and confirm the condition of any seawall, dock, or canal access. Community rules vary widely in this part of the county, so it is worth checking whether any association or deed restrictions apply to a given parcel. Treasure Island suits buyers who want an affordable lakefront or near-water home for fishing, boating, and a relaxed rural pace, whether as a seasonal getaway or a year-round residence away from the coastal crowds.
Homes & Architecture
Homes for sale in Treasure Island offer 1 to 4 bedrooms and 1 to 3 baths. Floor plans span roughly 732 to 1,927 square feet. The mix here includes single family homes. Current prices run from $170,000 to $350,000. The homes on the market were built between 1967 and 2001.
Amenities & Lifestyle
Treasure Island is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Treasure Island is located in Okeechobee, part of Okeechobee County, Florida. Residents are close to the shopping, dining, schools, and parks of the Okeechobee area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Treasure Island
The buying process in Treasure Island is the one used across Okeechobee County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Okeechobee County is about $1,349. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Okeechobee means you see new listings in Treasure Island the day they reach the market.
Selling in Treasure Island
Selling a home in Treasure Island starts with pricing it correctly for current conditions. List prices in Treasure Island currently center around $265,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Treasure Island owners in Okeechobee, so you can see what your property could sell for before you commit to listing.
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