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16734 NW 242ND, Okeechobee FL 34972

Lots/Land For Sale
$130,000

BTC: 2.04402516

ETH: 68.32611529

-$20K (2026/06/26)
109 days
0 room(s)

Overview

Prime residential lot opportunity in Okeechobee, Okeechobee County. Situated near major highways, this property offers convenient access to highways (approximately 1.79 miles), M&S Trash Removal (1.84 miles), and Texarican (1.65 miles). The lot is located in Flood Zone X, indicating minimal flood risk outside the 100- and 500-year floodplains with no special elevation requirements or major permitting hurdles for construction. However, the property contains Wet Prairie Wetlands (Code 6430), classified as protected wetlands. This may restrict development, requiring environmental permits from agencies such as the USACE or local authorities, possible mitigation or avoidance plans, and could significantly limit the buildable area. Buyer must contact Okeechobee County Planning Department for official verification on allowed residential uses including single-family homes, manufactured homes, or other options, as well as all setbacks, utility availability, and development requirements. The property is available for a self-guided tour. This lot is not available for rent or lease.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
2.50 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$66,500
$53K – $247K
Confidence Low
List vs. estimate
$63K above estimate
List $130,000 · +95.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
46 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$728
2025
All facts and features
  • Lot

    • Lot: 2.50 Acres

    Other Property Information

    • Parcel Number: 1-35-34-33-0A00-00029-K000

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $728

  • Source details

    • MLS ID: A12000532

    Other facts

    • Lot Features: No Misc/Improvements

    • Direction Faces: North

    • Other Structures: None

    • Subdivision Name: SOUTHERN COLONIZATION

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Sunland Real Estate, LLC.