6053 SE 116th Place Okeechobee, FL 34974
Estimated payment $8,498/month
Highlights
- 40.9 Acre Lot
- Fenced Yard
- Agricultural
- No HOA
- Pasture
About This Lot
Rare opportunity to own 40.9 fully usable acres in a highly desirable and private area of SE Okeechobee, accessible from both SR710 and SE 128th Avenue. Agriculturally zoned and improved, ready for a wide variety of uses, from building a Dream Farm, Ranch, or Homestead to establishing an Agri-Business or holding for further investment. Improvements include a 6” screen and gravel PVC well with a 5HP submersible pump, 315-gallon bladder tank, 400AMP electrical service (2x250 AMP breaker meter combo panel), and a 225 AMP 12-circuit load center. A 36 x 24 three-sided equipment building. The land currently features a professionally designed Motocross Track by former Pro Rider Robby Marshall of Ram Trax Development and a separate Turn Track. Approximately 12± acres are untouched cattle pasture. Recent survey available. Not in an HOA or restricted community. Very versatile, turnkey property. Use as is or develop. Two separate entrances to property. Annual cattle lease is currently in place.
Listing Agent
RE/MAX of Stuart - Palm City Brokerage Phone: 772-284-9576 License #3292649 Listed on: 05/02/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $179
Lot Details
- 40.9 Acre Lot
- Dirt Road
- Fenced Yard
Farming
- Agricultural
- Pasture
Utilities
- Well
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
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 | $179 | $12,973 | -- | -- |
| 2023 | $298 | $11,470 | $0 | $0 |
| 2022 | $4,698 | $410,198 | $409,040 | $1,158 |
| 2021 | $4,049 | $308,750 | $307,805 | $945 |
| 2020 | $3,510 | $244,160 | $243,215 | $945 |
| 2019 | $3,364 | $243,115 | $242,170 | $945 |
| 2018 | $3,277 | $242,864 | $242,005 | $859 |
| 2017 | $3,057 | $226,231 | $0 | $0 |
| 2016 | $2,806 | $197,679 | $0 | $0 |
| 2015 | $2,562 | $164,409 | $0 | $0 |
| 2014 | -- | $127,567 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/02/2025 05/02/25 | For Sale | $1,600,000 | +190.9% | -- | |
| 02/13/2024 02/13/24 | Sold | $550,000 | -8.3% | -- | View Prior Sale |
| 02/03/2024 02/03/24 | Pending | -- | -- | -- | |
| 01/31/2024 01/31/24 | For Sale | $600,000 | +20.0% | -- | |
| 09/11/2023 09/11/23 | Sold | $500,000 | -14.5% | -- | View Prior Sale |
| 04/24/2023 04/24/23 | Pending | -- | -- | -- | |
| 03/06/2023 03/06/23 | Price Changed | $585,000 | -10.0% | -- | |
| 09/02/2022 09/02/22 | For Sale | $650,000 | 0.0% | -- | |
| 06/12/2022 06/12/22 | Off Market | $650,000 | -- | -- | |
| 06/10/2022 06/10/22 | For Sale | $650,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | None Listed On Document | |
| Warranty Deed | $125,000 | None Listed On Document | |
| Warranty Deed | $613,700 | Capital Abstract & Title | |
| Warranty Deed | $160,000 | -- | |
| Warranty Deed | $208,000 | -- |
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20050388
APN: R1-02-38-36-0A00-00002-0040
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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.
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