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$38,999 Just Listed
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Property Description
.117 acre lot in great location! Close to Lake Okeechobee, Located in Kings Bay.
Full Property Details
Full Property Details for 5007 SE 42nd Trce
General
- Price: $38,999
- Taxes: $380 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: A4688381
- Updated: 4/1/2026
- Added to Site: 4 day(s) ago
Location
- Area: 34974 - Okeechobee
- County: Okeechobee
- Development Name: 34974 - Okeechobee
- Subdivision: KINGS BAY
- Driving Directions: From SE 50th Avenue head east to SE 42nd Terrace, property on the left side of the road.
Community
- Community Name: 34974 - Okeechobee
Utilities
- Sewer: None
- Water: None
- Utility Description: Electricity Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,097
- Lot Size: 5097
- Lot Dimensions: 57 x 90
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $324,992
- Tax Amount: $380.21
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: REPLAT OF KING'S BAY (PLAT BOOK 5 PAGES 97 THROUGH 99) LOT 4 BLOCK 5B
- Flood Zone Info: X
- APN: R131373600200005B0040
- Property ID: R131373600200005B0040
- Block/Lot/Section: 5B
Listed by Keller Williams Island Life Real Estate
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Schools
Schools serving 5007 SE 42nd Trce
School District:Okeechobee County School District
| Name | Grades | Distance |
|---|---|---|
Everglades Elementary School, Okeechobee, FL 3725 Southeast 8th Street, Okeechobee, FL 34974 | K-5 | 2.4 mi |
Osceola Middle School, Okeechobee, FL 825 Southwest 28th Street, Okeechobee, FL 34974 | 6-8 | 4.1 mi |
Okeechobee High School 2800 U.S. 441, Okeechobee, FL 34972 | 9-12 | 5.3 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 Trce
Date
Details
Price
Change
Source
4/01/2026
Listed
$38,999
94.99%
MLS
5/30/2023
Sold
$20,000
—
Public Record
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 5007 SE 42nd Trce
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
—
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 5007 SE 42nd Trce
5007 SE 42nd Trace, Okeechobee, FL 34974 (MLS# A4688381) is a Lots/Land property with a lot size of 0.12 acres. 5007 SE 42nd Trace is currently listed for $38,999 and was received on April 01, 2026. Want to learn more about 5007 SE 42nd Trace? 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.

