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Residential Land for Sale in Okeechobee, Florida

16734 NW 242nd, Okeechobee, FL 34972

$130,000
2.5 acres
Active sale
$20k drop
Est $942/mo

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

Street address
16734 NW 242nd
Zip code
34972
Community
Southern Colonization
Elevation
62 feet
Coordinates
27.4663, -80.9982

Property details

Acreage
2.5 acres
MLS #
MAOR A12000532
Posted

Property taxes

2025
$728

Parcels

  • 1-35-34-33-0A00-00029-K000

Legal description

Listing history

DateEventPriceChangeSource
June 26, 2026Price drop$130,000$20,000 -13.3%MAOR
Apr 27, 2026New listing$150,000MAOR
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This 2.5-acre property is located at 16734 NW 242nd in Okeechobee, FL 34972. The land is available for sale, priced at $130,000 — $52,000 per acre.

Listed by Sunland Real Estate, (786) 738-9194

Checked 1 hour agoUpdated Source

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