$550,000
SOLD MAR 21, 2025

50 Us Highway 441 SE Okeechobee, FL 34974

1.7 Acres
$323,529 Price per Acre
74,052 Sq Ft Lot

Recently Sold

5% Below List Price

223 Days on Market

Highlights

  • Waterfront
  • Canal View
  • Paved or Partially Paved Lot
  • Canal Access

About This Lot

As of March 2025

This exceptional 1.7-acre parcel has a strategic location at the busy intersection of Highway 441 and State Road 78, adjacent to a high-traffic entrance leading to popular community boat ramps, a fishing pier, and the renowned Lake Okeechobee Scenic Trail. With 465 feet of frontage along Hwy 441 and an additional 498 feet of canal frontage with direct access to Lake Okeechobee. Zoned for Commercial Corridor Mixed Use, this versatile parcel presents a unique opportunity for a wide range of commercial ventures. Situated just minutes from Downtown Okeechobee, the location offers convenience and exposure to a vibrant local community. Minutes from the future home of Bass Pro Fishing Resort and Marina, further enhancing its potential for commercial success and growth.

Last Agent to Sell the Property

Jared Mobley

Legacy Real Estate of Florida LLC License #3501342 Listed on: 08/10/2024

Last Buyer's Agent

Non-Member Mls Agent

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,253

Lot Details

  • 1.7 Acre Lot
  • Waterfront
  • Paved or Partially Paved Lot
  • Property is zoned Commerci

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 10338350a0000002A000

Community Details

Overview

  • Okeechobee County Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$4,253

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Property Sub Type Additional: Commercial
  • Directions: At the intersection of Hwy 441 and State Road 78.
  • Special Features: VirtualTour

Exterior Features

  • View: Canal
  • Road Frontage Type: Main Thoroughfare
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes

Lot Info

  • Parcel #: 10338350a0000002A000
  • Development Status: Raw Land
  • Lot Size Acres: 1.7
  • Lot Size: 498.0 ft x 150.0 ft
  • Lot Size Sq Ft: 74700.0
  • Zoning Description: Commerci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4253.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2024
Closed on
Mar 20, 2025
Sold by
Boree Helen B
Bought by
Infinite Estates Llc
Seller's Agent
Jared Mobley
Legacy Real Estate of Florida LLC
Buyer's Agent
Non-Member Mls Agent
List Price
$580,000
Sold Price
$550,000
Premium/Discount to List
-$30,000
-5.17%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$440,000
Outstanding Balance
$440,000
Interest Rate
6.89%
Mortgage Type
Balloon
Estimated Equity
$122,716

Purchase Details

Closed on
Dec 8, 2009
Sold by
Lakeshore Restaurant Inc
Bought by
Boree James E and Boree Helen B

Purchase Details

Closed on
Oct 1, 2005
Sold by
Lakeshore Restaurant Inc
Bought by
Bond Larry W and Bond Helen L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 Okee Tantie Title
Special Warranty Deed -- Attorney
Warranty Deed -- Okee Tantie Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $550,000 -5.2% --
08/10/2024 08/10/24 For Sale $580,000 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,641 $398,898 $398,898 --
2023 $4,253 $360,338 $360,338 $0
2022 $3,588 $272,580 $272,580 $0
2021 $3,150 $210,530 $210,530 $0
2020 $3,177 $210,530 $210,530 $0
2019 $3,118 $210,529 $210,529 $0
2018 $2,845 $181,720 $181,720 $0
2017 $2,630 $166,207 $0 $0
2016 $2,671 $166,207 $0 $0
2015 $2,790 $166,207 $0 $0
2014 -- $166,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11011481

BeachesMLS

APN: R1-03-38-35-0A00-00002-A000