2516 Us-98 Highway, Okeechobee, FL 34972 - Photo 1

Save This Listing

Close

1/17

View All Photos

$579,000

For Sale
Active
Lots/Land
1.55 Acres
Updated 1 day ago

See This Home

Save This Listing

Close

1/17

Property Description

PRICE INCREASE TO REFLEX ADDITIONAL IMPROVEMENTS, ! This is for sure the perfect deal, The zoning allows mix use, already approved permits to build a single family home in the back while allowing commercial mix use at front facing the HWY. The seller already prepared and filled the land, installed plumbing, city's water services and electricity, also the lot have a well in operation and with permits. I said the perfect lot for the investor hopping to have their business close to home. The price is very realistic and the value is already in the fact that permits and zoning it is already in place. Ready to build, bringing your project here should be a smart option, close to the city center, highways and services. Seller may consider owner financing subject to certain conditions and terms.

Virtual Tour

Full Property Details

Full Property Details for 2516 Us-98 Hwy

General

Price: $579,000
Taxes: $2,303 (2024)
Status: Active
Type: Lots/Land
Source: Regional
MLS ID: F10517741
Updated: 4/17/2026
Added to Site: 262 day(s) ago

Business

Business Type: Hotel/Motel

Location

County: Okeechobee
Subdivision: Basswood Inc Un #5
Driving Directions: GPS is very accurate
Direction Faces: South

School Information

Elementary School: Seminole (Okeechobee)
Middle School: Yearling
High School: Okeechobee

Community

Community Name: 6240 - NW County (OK)

Utilities

Sewer: Septic Tank
Water: Public
Cable Available: Yes
Utility Description: Cable Available, Electricity Connected, Other, Phone Available, Underground Utilities, Water Available

Structural Information

Current Bldg. Use: Commercial, Hotel/Motel, Medical/Dental, Multi-Family, Mixed Use, Office, Other, Single Family, Highway/Tourist Service, Unimproved, Vacant, Warehouse
Property Condition: To Be Built, Under Construction

Additional Structures

Other Structures: Other, RV/Boat Storage

Lot Features

Property View: Garden, Other
Lot Size (Acres): 1.55
Lot Size (Sq. Ft.): 67,430
Lot Dimensions: 240 x 500
Frontage: County Road, City Street, Highway, See Remarks, State Road, Asphalt, Concrete
Road Maintenance: Public Maintained Road
Street Lights: Yes
Irrigation System: Municipal, Well
Topography: Filled
Lot Features: 1-2 Acres, Cleared, City Lot, Drip Irrigation/Bubblers, Drainage, Fruit Trees, Industrial Park, Residential Lot, Rural Lot, Subdivision, Easement
Development Status: Proposed, Site Plan Filed, Site Plan Approved, See Remarks
Potential Use: Automotive, Commercial, Development, Industrial, Investment, Medical/Dental, Mixed Use, Office, Place of Worship, Residential, Retail, Subdivision, Single Family, See Remarks, Highway/Tourist Service, Vacant, Warehouse
Trees/Vegetation: Fruit Trees, Grassed, Other
Zoning: Mix Use Commerc
Fencing (Description): Barbed Wire, Back Yard, Chain Link, Electric, Gate, Pipe, Privacy, Security, See Remarks, Wood

Horse Property

Horse Facility Desc.: Barn

Water Features

Water Front View: None

Financial Considerations

Assessment Amount: $160,200
Tax Amount: $2,303
Tax Year: 2024
Terms: Assumable, Cash, 1031 Exchange, Owner May Carry, Private Financing Available

Disclosures and Reports

Special Conditions: Standard, Listed As-Is
Documents Avail.: Aerial, Building Plans, Permits, Survey, Title
Legal Description: BASSWOOD, INC. UNIT NO 5 (PLAT BOOK 3 PAGE 51) LOTS 54, 55 & 56 BLOCK 59
Property ID: R10537350050005900540

Listed by United Realty Group Inc

Quickly Find Out More

* Indicates a required field

Comment optional

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 2516 Us-98 Hwy —

United Realty Group Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 2516 Us-98 Hwy

School District:Okeechobee County School District

Name	Grades	Distance
Seminole Elementary School, Okeechobee, FL 2690 Northwest 42nd Avenue, Okeechobee, FL 34972	K-5	0.4 mi
Yearling Middle School 925 Northwest 23rd Lane, Okeechobee, FL 34972	6-8	1.7 mi
Okeechobee High School 2800 U.S. 441, Okeechobee, FL 34972	9-12	2.3 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 2516 Us-98 Hwy Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/27/2026

Price Increased

$579,000

9.45%

MLS

12/22/2025

Price Reduced

$529,000

-1.86%

MLS

11/17/2025

Price Reduced

$539,000

-0.19%

MLS

7/30/2025

Listed

$540,000

—

MLS

Get Price Alerts and Save Property

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 2516 Us-98 Hwy

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,405

4%

$184,230

15%

2024

$2,303

10%

$160,200

14%

2023

$2,090

212%

$140,176

133%

2021

$669

-32%

$60,075

-14%

2022

$981

480%

$70,088

1534%

2017

$169

31%

$4,290

-24%

2016

$129

14%

$5,610

70%

2015

$113

7%

$3,300

—

2014

$106

-1%

$3,300

—

2013

$107

—

$3,300

—

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 2516 Us-98 Hwy

393 SW 77th Terrace, Okeechobee, FL 34974 - Photo 1

Sold

$599,000

393 SW 77th Terrace Okeechobee, FL 34974

Single Family
Closed

4
Beds
3
Total Baths
3,023
Sq. Ft.

588 NE 28th Ave, Okeechobee, FL 34972 - Photo 1

Sold

$508,000

588 NE 28th Ave Okeechobee, FL 34972

Single Family
Closed
Updated 6 days ago

3
Beds
2
Total Baths
1,718
Sq. Ft.

Tbd NE 5th St, Okeechobee, FL 34974 - Photo 1

Sold

$600,000

Tbd NE 5th St Okeechobee, FL 34974

Lots/Land
Closed

0.96
Acres

Listed and Sold by C 21 Hazellief & Prevatt Rlty

$547,000

3554 NW 168th Ct Okeechobee, FL 34972

Single Family
Under Contract

4
Beds
3
Total Baths
2,250
Sq. Ft.

2516 Us-98 Highway, Okeechobee, FL 34972 (MLS# F10517741) is a Lots/Land property with a lot size of 1.55 acres. 2516 Us-98 Highway is currently listed for $579,000 and was received on July 30, 2025. Want to learn more about 2516 Us-98 Highway? 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.

2516 Us-98 Hwy Okeechobee, FL 34972