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$38,999 Just Listed

  • For Sale
  • Active
  • Residential Lots
  • 0.12 Acres
  • Updated 2 days ago
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.117 acre lot in great location! Close to Lake Okeechobee, Located in Kings Bay.

Full Property Details for 5007 SE 42nd Terrace

General

  • Price: $38,999
  • Taxes: $380 (2025)
  • Status: Active
  • Type: Residential Lots
  • Source: Bonita_Springs
  • MLS ID: 2026015357
  • Updated: 4/1/2026
  • Added to Site: 3 day(s) ago

Additional Information

  • Shared Amenities: Non-Gated

Location

  • Area: OA01 - Out of Area
  • County: Okeechobee
  • Subdivision: ACREAGE
  • Building Name: ACREAGE
  • Driving Directions: From SE 50th Avenue head east to SE 42nd Terrace, property on the left side of the road.
  • Direction Faces: Southwest

Community

  • Assoc. Fees Include: None

Utilities

  • Sewer: None
  • Water: None
  • Utility Description: Electricity Available

Structural Information

  • Description/Design: Residential Lot
  • Current Bldg. Use: Single Family

Lot Features

  • Property View: None/Other
  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size Source: Property Appraiser Office
  • Lot Dimensions: 57 x 57 x 90 x 90
  • Frontage Feet: 57
  • Street/Road Desc.: Paved
  • Irrigation System: None
  • Lot Features: Regular
  • Lot Description: Regular

Water Features

  • Water Front Desc.: None
  • Canal Width: None

Financial Considerations

  • Price Per Acre: $324,991
  • Tax Amount: $380
  • Tax Year: 2025
  • Terms: Buyer Finance/Cash

Disclosures and Reports

  • Legal Description: REPLAT OF KING'S BAY (PLAT BOOK 5 PAGES 97 THROUGH 99) LOT 4 BLOCK 5B
  • Property ID: From SE 50th Avenue head east to SE 42nd Terrace,
  • Section: 31
  • Block: 5B
  • Lot Number: 4

Listed by Keller Williams Island Life RE

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Listing agent

— 5007 SE 42nd Terrace —

  • Keller Williams Island Life RE

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5007 SE 42nd Terrace

School District:Okeechobee County School District
NameGradesDistance
Everglades Elementary School, Okeechobee, FL
3725 Southeast 8th Street, Okeechobee, FL 34974
K-52.3 mi
Osceola Middle School, Okeechobee, FL
825 Southwest 28th Street, Okeechobee, FL 34974
6-84.1 mi
Okeechobee High School
2800 U.S. 441, Okeechobee, FL 34972
9-125.3 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 5007 SE 42nd Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/01/2026
Listed
$38,999
94.99%
MLS
5/30/2023
Sold
$20,000
—
Public Record
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 for 5007 SE 42nd Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$219
-41%
$16,000
—
2024
$372
52%
$16,000
78%
2023
$245
24%
$9,000
73%
2021
$197
-6%
$5,200
-17%
2022
$209
6%
$6,250
-4%
2021
$197
2%
$6,500
12%
2019
$194
7%
$5,800
22%
2017
$181
36%
$4,750
—
2016
$133
-1%
$4,750
-5%
2015
$134
19%
$5,000
43%
2014
$113
-19%
$3,500
-30%
2013
$139
—
$5,000
—
View All
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 for 5007 SE 42nd Terrace

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Island Life RE

Recent Sales near 5007 SE 42nd Terrace

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5009 SE 42nd St, Okeechobee, FL 34974 - Photo 1 Sold
$33,900

5009 SE 42nd St  Okeechobee, FL 34974

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,471
    Sq. Ft.
6416 SE 52nd St, Okeechobee, FL 34974 - Photo 1 Sold
$40,000

6416 SE 52nd St  Okeechobee, FL 34974

  • Residential Lots
  • Closed
6445 SE 52nd St, Okeechobee, FL 34974 - Photo 1 Sold
$42,000

6445 SE 52nd St  Okeechobee, FL 34974

  • Residential Lots
  • Closed
5327 SE 65th Ave, Okeechobee, FL 34974 - Photo 1 Sold
$40,000

5327 SE 65th Ave  Okeechobee, FL 34974

  • Lots/Land
  • Closed
  • 0.05
    Acres
Listed by Lake O Real Estate, Llc
Sold by Stellar Non-Member Office

5007 SE 42nd Ter, Okeechobee, FL 34974 (MLS# 2026015357) is a Residential Lots property with a lot size of 0.12 acres. 5007 SE 42nd Ter is currently listed for $38,999 and was received on April 01, 2026. Want to learn more about 5007 SE 42nd Ter? Do you have questions about finding other Residential Lots real estate for sale in Okeechobee? You can browse all Okeechobee real estate or contact a Coldwell Banker agent to request more information.

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