100 NW 38th Avenue, Okeechobee FL 34972, OKEECHOBEE, FL, 34972
Active360 days on marketListed Aug 16, 2025MLS #R11116324
About this home
100 NW 38th Avenue, Okeechobee FL 34972
**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 purchase it'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
Facts & features
The home at a glance
22 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$6,193 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,193/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Okeechobee
Get to know Okeechobee. See the full Okeechobee guide →
OKEECHOBEE 34972 — neighborhood snapshot
Population
19,185
Median age
38.7
Median income
$53,902
Median home value
$193,300
Avg household
2.76
Households w/ children
2,367
The numbers that matter
The Okeechobee market
$225K → $244K
Okeechobee median sold, yr/yr
93.7%
Sale-to-list ratio (12 mo)
Median sold price, Okeechobee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1696% above the OKEECHOBEE 34972 median. See the full Okeechobee market guide →
Paper trail
This home's history
Reality check
What actually sold near 100 NW 38th Avenue
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$305,000
32212 NE 4th Drive, FL 34972 · same community
2 bd · 2 ba · 930 sqft · $328/sqft · 202 DOM
Sold · Jun ’26$202,500
3283 SW 20th Street, Okeechobee FL 34974
2 bd · 1 ba · 936 sqft · $216/sqft · 17 DOM
Sold · Jun ’26$237,000
3559 NW 4th Street, Okeechobee FL 34972
3 bd · 2 ba · 1,008 sqft · $235/sqft · 71 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Jillian Kobylesky
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 100 NW 38th Avenue — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 100 NW 38th Avenue — before you fall in love.
See it in person
Schedule a tour
Live availability from Jillian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
100 NW 38th Avenue FAQs
What would the monthly payment be for 100 NW 38th Avenue, Okeechobee FL 34972?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,193/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 100 NW 38th Avenue, Okeechobee FL 34972?+
The most recent tax bill on record (2024) was $3,985. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Okeechobee?+
At $987,900, this home is listed about 259% above the Okeechobee median of $275,000. The market section on this page shows how the area is trending.
The brief
Four things that matter here
01Positioned at the premium end
$987,900 runs 1696% above the OKEECHOBEE 34972 median.
02Other & Other Water View views
The other and other water view view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
360 days on market against a Okeechobee median of 61 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $989,900, now $987,900 — a $2K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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