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651 State Road 78, Okeechobee, FL 34974 (MLS# F10508887)

651 State Road 78, Okeechobee, FL 34974

$1,900,000
Property Type: Land & Docks Lot Size (sq. ft.): 510,000 Status: Active
Current Price: $1,900,000 List Date: 6/12/2025 Last Modified: 4/17/2026

Overview

Description

Seize this rare opportunity to develop 11.71 acres in the designated "Resort Corridor", one of Okeechobee’s most sought-after development zones! Half a mile from Parrot Ave (HWY441/US 98) & less than 1,500’ from Lake Okeechobee Park. Lake O' is a premier destination for bass fishing tournaments. These events draw anglers & visitors from around the World, making this a prime location for a resort, hotel, restaurant, all types of residential including tiny homes, cottages, townhomes, etc. Anything related to tourism! Okeechobee is undergoing a massive transformation. As growth surges & demand rises, this parcel presents an even greater investment opportunity. Don’t miss this rare chance to claim a key piece of Okeechobee’s future—Contact Us Today! Tenants month-month. Selling for land value.

Listing Details MLS# F10508887

General Property Information

Lot Size Acres
11.71
Lot Size Square Feet
510000
Lot Size Dimensions
390x1400
Lot Depth
1400
Lot Frontage
390
LP/Assessed Value
42.85
LP/SqFt
3.73

Property Features

Comprehensive Plan Use: Central Urban Current Use: Multi-Family; Unimproved Environmental Audit: None Income Includes: Recreation Location of Property: Central Business District; City Location; Urban Area Development Possession: Negotiable Special Information: City Jurisdiction Utilities: Electricity Available; Phone Available; Water Available; Trash Removal Listing Terms: Cash Road Frontage Type: Highway; Private Road Road Responsibility: Public Maintained Road Tax Information: Agricultural Exemption Water Source: Public Showing Requirements: Showing Service; See Remarks Acreage Description: 10 Or More Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2000000
LP/Acre
162254.48
LP/Frontage
4871.79

Location and Legal

Country
United States
County Or Parish
Okeechobee
County Parish Name
Okeechobee
Street Number
651
Street Name
State Road 78
City Name
Okeechobee
State Or Province
FL
Postal Code
34974
Postal Code +4
7701
Postal Zip
34974
Subdivision Name
That's Up to You!
Area
6210 - NE County (OK)
Geographic Area
OKCB - Okeechobee
Parcel Number
R10438350A00000090000
Directions
Property is on the West side of HWY 78 just South of 441/98/Parrot Ave. Located between the water plant and the gravel supply business.

Financial Information

Tax Year
2024
Tax Annual Amount
1969
Tax Assessed/SOH Value
44341
Tax Legal Description
COMMENCING AT THE NORTHEAST CORNER OF SECTION 4, TOWNSHIP 38 SOUTH, RANGE 35 EAST, RUN THENCE SOUTH 89 55'30" WEST ALONG THE SECTION LINE FO
Assessor Market Value
44341

Status Change Information

Major Change Timestamp
2025-10-31T20:59:33Z
Major Change Type
Price Reduced
Price Change Timestamp
2025-10-31T20:59:33Z
Status Change Date
2025-06-12

More Information

Short Sale Details

Short Sale Addendum
No

Section Details

Parcel Number MLX
0000

Originating Details

Originating System Key
599860082
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Comprehensive Plan Use

Central Urban
Yes

Current Use

Multi-Family
Yes
Unimproved
Yes

Environmental Audit

None
Yes

Income Includes

Recreation
Yes

Location of Property

Central Business District
Yes
City Location
Yes
Urban Area Development
Yes

Possession

Negotiable
Yes

Special Information

City Jurisdiction
Yes

Utilities

Electricity Available
Yes
Phone Available
Yes
Water Available
Yes
Trash Removal
Yes

Listing Terms

Cash
Yes

Road Frontage Type

Highway
Yes
Private Road
Yes

Road Responsibility

Public Maintained Road
Yes

Water Source

Public
Yes

Income and Expenses

Inc/Exp Statement Period
No

Showing Requirements

Showing Service
Yes
See Remarks
Yes

Tax Information

Agricultural Exemption
Yes

Acreage Description

10 Or More Acre Lot
Yes
Listing Office: Keller Williams Realty Consultants
IDX
Last Updated: April - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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