About this home
This expansive 40.84-acre property in Okeechobee is located at the Florida Turnpike/State Road 60 exit at Yeehaw Junction - only 30 minutes from Vero Beach and central to all major Florida markets. Currently zoned RMH residential with almost 6 acres of the property approved for commercial future land use. In addition to potential residential development, this property is in a prime location for various industrial and commercial uses such as distribution centers or mixed use. Features 1700 feet of frontage on the Turnpike with an income-generating billboard and 1700 feet of frontage on US 441/Kenansville Rd. Owned by the same family for over 50 years. The adjacent 205+ acre property is also available for purchase for a potential of 246+ acres combined.
Listing last checked: Listing updated:
Listed by Bob Berman · Berman Realty · MLS #R11164725
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Details at a glance
Building1 property facts
- Style
- Agriculture
Land & utilities2 property facts
- Lot size
- 40.84 acres
- Zoning
- RMH+Commercial
Financial2 property facts
- Annual taxes
- $113
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,700,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,606 / monthAdjust
- Principal & interest
- $8,596
- Property tax
- $9
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $113. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 5001 S Kenansville Road
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