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$989,500
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Property Description
**Exceptional 22-Acre Mixed-Use Development Opportunity on Highway 98* Welcome to a once-in-a-lifetime investment opportunity in the heart of the rapidly expanding Okeechobee area! This remarkable 22-acre parcel of vacant land, embraced by the charm and growth of its surroundings, is your canvas for envisioning a vibrant community. With its coveted Planned Unit Development (PUD) zoning, the potential for this site is as boundless as your imagination! Situated prominently on Highway 98, this property boasts an impressive **217 feet of highway frontage**, guaranteeing unparalleled visibility and accessibility for your future venture. Just a stone's throw away, you'll find a bustling **7-11 convenience store**-a perfect anchor point for retail or dining establishments. Its strategic location also places you adjacent to **Seminole Elementary School** and merely **1 mile from the Okeechobee County Airport**, making it an ideal spot for commercial or residential development. Immerse yourself in the vibrant lifestyle that Okeechobee has to offer! This property is only **15 minutes away** from the picturesque shores of **Lake Okeechobee**a haven for fishing, boating, and outdoor activities. Additionally, the charming downtown area is within easy reach, providing a delightful mix of local shops, dining, and essential healthcare services. Your development could become a cornerstone of this lively community, enhancing the lives of residents and visitors alike. Picture your vision set against a backdrop of mature oak trees and lush native vegetation. This land is not just a blank slate; it's adorned with natural beauty that will enrich any development. Unlike many properties in the area, this parcel is exceptionally **dry and primed for development**, allowing you to hit the ground running with city water and sewer and without the hassle of extensive land preparation. Owning this 22-acre gem is more than a real estate purchaseit's a strategic investment in the future of Okeechobee. With the area poised for significant growth, diverse development opportunities await, ranging from **retail spaces to residential communities and everything in between**. The flexible PUD zoning allows you to tailor your project in a way that maximizes community engagement and fulfills local needs. Whether you envision a thriving commercial hub, an inviting residential neighborhood, or a harmonious mix of both, this property is your gateway to success. The potential here is unlimited, and your vision can become a reality! **Schedule Your Private Showing Today!** Don't let this rare opportunity slip away! Step into a world of possibilities awaiting you on this extraordinary property. **Reach out to us today to arrange your private showing** and explore the untapped potential that this 22-acre parcel offers. Your dream project in Okeechobee is just a call away! Exact location enter 27.26764, -80.86788 into Google Maps
Full Property Details
Full Property Details for 100 NW 38th Ave
General
- Price: $989,500
- Taxes: $3,985 (2024)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: R11116324
- Updated: 3/26/2026
- Added to Site: 100 day(s) ago
Location
- County: Okeechobee
- Subdivision: THEN RUN
- Driving Directions: From 70 turn North onto Highway 98 Go past the Airport Lot will be on the left side of Highway 98
- Direction Faces: East
Community
- Community Name: 6240 - NW County (OK)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, None, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Agricultural, Commercial, Farm, Multi-Family, Unimproved
Lot Features
- Property View: Other
- Lot Size (Acres): 22
- Lot Size (Sq. Ft.): 958,494.24
- Frontage: Other
- Lot Features: Rural Lot, Many Trees
- Development Status: Site Plan Filed
- Potential Use: Agricultural, Commercial, Industrial, Multi-Family, Residential
- Trees/Vegetation: Heavily Wooded, Other
- Zoning: Mixed Use
Financial Considerations
- Tax Amount: $3,985
- Tax Year: 2024
- Terms: Cash, Conventional, USDA Loan
Disclosures and Reports
- Legal Description: COMMENCING AT THE 1/4 SECTION CORNER ON THE SOUTH BOUNDARY LINE OF THE NORTH 1/2 OF SECTION 7, TOWNSHIP 37 SOUTH, RANGE
- Property ID: 10737350a0000001000
Listed by Dalton Wade Inc
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Schools
Schools serving 100 NW 38th Ave
School District:Okeechobee County School District
| Name | Grades | Distance |
|---|---|---|
South Elementary School 2468 Southwest 7th Avenue, Okeechobee, FL 34974 | K-5 | 2.6 mi |
Osceola Middle School, Okeechobee, FL 825 Southwest 28th Street, Okeechobee, FL 34974 | 6-8 | 2.5 mi |
Okeechobee High School 2800 U.S. 441, Okeechobee, FL 34972 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 100 NW 38th Ave
Date
Details
Price
Change
Source
10/29/2025
Price Reduced
$989,500
-0.02%
MLS
9/10/2025
Price Reduced
$989,700
-0.02%
MLS
8/16/2025
Listed
$989,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 100 NW 38th Ave
100 NW 38th Avenue, Okeechobee, FL 34972 (MLS# R11116324) is a Vacant Land property with a lot size of 22 acres. 100 NW 38th Avenue is currently listed for $989,500 and was received on January 29, 2026. Want to learn more about 100 NW 38th Avenue? Do you have questions about finding other Vacant Land real estate for sale in Okeechobee? You can browse all Okeechobee real estate or contact a Coldwell Banker agent to request more information.

