$210,000
$20K PRICE DROP

542 SW 40th Cove Okeechobee, FL 34974

Estimated payment $1,451/month

Total Views 6,269
0.06 Acre
$3,500,000 Price per Acre
2,614 Sq Ft Lot

Highlights

  • 42 Feet of Waterfront
  • Pickleball Courts
  • Paved or Partially Paved Lot
  • Lake View

About This Lot

AMAZING OPPORTUNITY: ESTATE SALE. LAKE LOT 53. LUXURY SILVER PALMS RV VILLAGE. SPACIOUS BEAUTIFUL LOTS, OWN YOUR LAND, POA FEES, 1500 SF +/-PAVERS, 12'X16' TIKI W ELECT, 12'X10' CASITA W ELECT, FULL SIZE W/D. INCL PATIO FURNITURE, FIRE PIT, COMMUNIY CALENDAR, POOL, SPA, POOL BAR, PRIVATE CLUB ROOM, CLUB HOUSE, ON SITE BATH HOUSES, LIBRARY, GYM, CARD ROOM, PICKLEBALL, DOG PARK. PARADISE IN A COUNTRY SETTING AMIDST WONDERFUL NEIGHBORS, (NEAR BY SHOPPING, DINING AND LOCAL EVENTS, FISHING, HIKING) THE GREAT LAKE OKEECHOBEE AND PIER JUST MINUTES AWAY. RELAXING SUNRISE/SUNSETS .40' LUXURY TRAVEL TRALER W SLIDEOUTS AVAILABLE ONE OWNER, NEVER "ON ROAD" TRAVEL. IF YOU WERE THINKING, NOW IS THE TIME TO ACT. PRICE REDUCED DUE DILIGENCE CHECK ALL INFORMATION.

Listing Agent

Nita Salmon

Remington Real Estate LLC License #3268539 Listed on: 04/24/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,364

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 42'x75'
  • 42 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed

HOA Fees

  • Property has a Home Owners Association

Property Views

  • Lake Views

Schools

  • South Elementary School
  • Osceola Middle School
  • Okeechobee High School

Listing and Financial Details

  • Assessor Parcel Number 1-33-37-35-0040-00000-0530

Community Details

Overview

  • Silver Palms Rv Village Subdivision

Recreation

  • Pickleball Courts

Property Details

Property Type

Land

Est. Annual Taxes

$2,364

Lot Details

2,614 Sq Ft Lot

HOA Fees

$173 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: 441 SOUTH TO GATE ENTRANCE.
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • View: Lake
  • Road Frontage Type: Waterfront
  • Lot Features: Other, Item14Acre
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Lake Front, None
  • Waterfront: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: West
  • Other Structures: Other, Utility Building(s)

Utilities

  • Utilities: Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 173.0
  • Amenities: Pickleball
  • Association #2 Fee: 173.0
  • Association #2 Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: South
  • High School: Okeechobee
  • Middle Or Junior School: Osceola

Lot Info

  • Parcel #: 1-33-37-35-0040-00000-0530
  • Current Use: Other, Residential, Recreational, Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.06
  • Lot Size: 42'x75'
  • Lot Size Sq Ft: 4000.0
  • Number Of Lots: 1
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2364.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $2,395 $184,188 $160,000 $24,188
2024 $2,365 $200,053 $175,000 $25,053
2023 $2,213 $188,758 $170,000 $18,758
2022 $1,750 $121,648 $95,000 $26,648
2021 $1,608 $104,601 $95,000 $9,601
2020 $1,511 $99,601 $90,000 $9,601
2019 $1,357 $84,225 $75,000 $9,225
2018 $1,279 $78,046 $69,000 $9,046
2017 $1,166 $68,925 $0 $0
2016 $1,159 $68,925 $0 $0
2015 $1,164 $66,109 $0 $0
2014 -- $58,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2026 02/24/26 Price Changed $210,000 -8.7% --
04/24/2025 04/24/25 For Sale $230,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Okee Tantie Title Company In
Warranty Deed $65,900 Okee Tantie Title Co Inc
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10500097

BeachesMLS (Greater Fort Lauderdale)

APN: R1-33-37-35-0040-00000-0530

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