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AVAILABLE
PHOTO 5

17589 NW 262nd St

Okeechobee, FL 34972
$29,000
ARV: $29,500
65,340
Lot Sqft
About This Property

A full 1.5 acres of high, dry residential land in the Southern Colonization Co plat northwest of Okeechobee - the pocket of Okeechobee County that has been absorbing the overflow of buyers priced out of the coast. Mature oak and palmetto cover, paved county road frontage on NW 262nd St, and neighbors on 1.25 to 5 acre homesites in every direction.

Residential vacant land, no HOA, no platted subdivision restrictions beyond county code, and no structures to demo. Well and septic territory - the same as every closed comp on this street. Owned free and clear since 2005; clean deed, cash or hard money close through a Florida title company on your timeline.

Deal Breakdown

  • Asking price: $29,000
  • Price per acre: $19,333 / acre ($0.44 per lot sqft)
  • Comp average: $28,380 across 5 closed 1.5-acre sales - and the two 2026 closes both landed at $29,900 to $30,000
  • Comp-supported value: $29,500
  • Estimated equity at close: priced under every comparable 1.5-acre listing currently active in the plat, which run $34,000 to $74,900
  • How fast this size moves: the two 2026 closes went pending in 2 and 12 days on market
  • Lot size: 65,340 sqft / 1.50 acres | Parcel ID: 1-26-34-33-0A00-00024-E000
  • Legal: Lot E of Tract 24, Southern Colonization Company plat, Twp 34S Rge 33E, Section 26
  • Closing: cash or hard money, through title

Buyer to verify acreage, access, wetlands, flood zone and utility availability independently. Comparable sales are closed MLS transactions. This is not an appraisal.

Property Details
Property TypeLand
StatusAvailable
Asking Price$29,000
ARV$29,500
Location17589 NW 262nd St, Okeechobee, FL 34972
Comparable Sales (CMA)
Comp AddressBdBaSqftSold$/SqftSold DateDist
17480 NW 256th St, Okeechobee, FL 34972
Closed June 2026 at full list after 2 days on market
--65,340$29,900$0Jun 20261.5 ac
17593 NW 266th St, Okeechobee, FL 34972
Closed Feb 2026, 12 days on market
--65,340$30,000$0Feb 20261.5 ac
17420 NW 266th St, Okeechobee, FL 34972
Closed Nov 2025 slightly over list
--65,340$29,500$0Nov 20251.5 ac
17489 NW 266th St, Okeechobee, FL 34972
Closed Mar 2025 - highest 1.5-acre close in the set
--65,340$30,500$0Mar 20251.5 ac
17537 NW 262nd St, Okeechobee, FL 34972
Same street, closed Sept 2025 after 127 days - the low end of the range
--65,340$22,000$0Sep 2025same street
Location
$29,000
17589 NW 262nd St
Okeechobee, FL 34972

Contact Agent
AJ Cannon
Investment Specialist — RANCS Capital
Confidential — For Investors Only