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$43,000
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Property Description
Discover the potential of this 1.25-acre vacant lot in beautiful Okeechobee, Florida-the perfect place to build your dream home or weekend retreat. Located just 45 minutes west of Port St. Lucie, this property offers the peaceful charm of East Central Florida while keeping you close to modern conveniences. Enjoy easy access to Lake Okeechobee, known as Florida's "Big Water," famous for world-class bass fishing, abundant wildlife viewing (including birds and alligators), and the scenic 143-mile Lake Okeechobee Trail atop the Herbert Hoover Dike-ideal for hiking and biking. Nearby attractions include airboat tours, local farms, shooting ranges, rodeos, casino gaming, motocross, and more. This spacious lot provides both tranquility and adventure-an excellent opportunity for anyone seeking land with endless potential.
Full Property Details
Full Property Details for 18564 NW 242nd St
General
- Price: $43,000
- Taxes: $437 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: TB8448186
- Updated: 1/14/2026
- Added to Site: 57 day(s) ago
Location
- Area: 34972 - Okeechobee
- County: Okeechobee
- Development Name: 34972 - Okeechobee
- Subdivision: SOUTHERN COLONIZATION CO
- Driving Directions: From SR-66 head north onto NW 176th Ave, turn left onto NW 240th St, turn right onto NW 242th St and lot is on the right
Community
- Community Name: 34972 - Okeechobee
Utilities
- Sewer: None, Septic Needed
- Water: None
- Utility Description: Other
Structural Information
- Current Bldg. Use: Timber, Unimproved
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 1.25
- Lot Size (Sq. Ft.): 54,450
- Lot Size: 1.25
- Lot Dimensions: 160 x 300
- Frontage: Street Unpaved, Access Road
- Street/Road Desc.: Unimproved, Dirt
Financial Considerations
- Price Per Acre: $34,400
- Assoc Fee Desc.: None
- Tax Amount: $437
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT L OF TRACT 28 WEST 1/2 OF THE WEST 1/2 OF THE NORTH 1/2 OF THE SOUTH 1/2 OF TRACT 28, SECTION 34 AS TO THE SOUTHERN COLONIZATION COMPANY PLAT OF TOWNSHIP 34 SOUTH, RANGE 33 EAST, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 4, PAGES 3-3E, INCLUSIVE, PUBLIC RECORDS OF OKEECHOBEE COUNTY, FLORIDA.
- Flood Zone Info: A
- APN: R13434330A0000028L000
- Property ID: R13434330A0000028L000
- Block/Lot/Section: L/28
Listed by Homexpress Realty, Inc.
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Schools
Schools serving 18564 NW 242nd St
School District:Okeechobee County School District
| Name | Grades | Distance |
|---|---|---|
Seminole Elementary School, Okeechobee, FL 2690 Northwest 42nd Avenue, Okeechobee, FL 34972 | K-5 | 16.3 mi |
Yearling Middle School 925 Northwest 23rd Lane, Okeechobee, FL 34972 | 6-8 | 17.6 mi |
Okeechobee High School 2800 U.S. 441, Okeechobee, FL 34972 | 9-12 | 18 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18564 NW 242nd St
Date
Details
Price
Change
Source
1/03/2026
Price Increased
$43,000
7.5%
MLS
11/20/2025
Listed
$40,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18564 NW 242nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$196
-55%
$19,500
8%
2024
$437
6%
$18,125
10%
2023
$414
29%
$16,500
117%
2021
$320
-14%
$7,600
-42%
2022
$372
16%
$13,000
93%
2021
$320
6%
$6,750
—
2019
$302
10%
$6,750
4%
2017
$275
—
$6,500
8%
2017
$275
17%
$6,000
-3%
2016
$235
-2%
$6,200
—
2015
$239
—
$6,200
-5%
2014
$239
35%
$6,500
117%
2013
$177
—
$3,000
—
Disclaimer: Historical tax 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 18564 NW 242nd St
18564 NW 242nd Street, Okeechobee, FL 34972 (MLS# TB8448186) is a Lots/Land property with a lot size of 1.25 acres. 18564 NW 242nd Street is currently listed for $43,000 and was received on November 20, 2025. Want to learn more about 18564 NW 242nd Street? Do you have questions about finding other Lots/Land real estate for sale in Okeechobee? You can browse all Okeechobee real estate or contact a Coldwell Banker agent to request more information.

