Kat Bonelli

0 PALM AVENUE, OKEECHOBEE, FL, 34972

Active53 days on marketListed Jun 1, 2026MLS #S5150292

CENTRAL ACRES SEC 1

About this home

0 PALM AVENUE

Seize this rare chance to own a large 7.63-acre estate with flexible OARM zoning (Office/Agricultural/Residential Mixed-Use) in the peaceful Central Acres community. This property is located at the end of a private cul-de-sac on paved Palm Ave. It features 771 feet of road frontage and extends over 1,187 feet deep, providing a grand entrance and lots of privacy. The OARM zoning allows for a mix of residential, agricultural, and low-intensity business uses. This flexibility makes the property perfect for anyone looking to combine home and work in one location. You can build a custom home, set up a modern manufactured estate, or create a private ranch for horses or livestock—your options are endless. With over 7 acres and no HOA restrictions, there is plenty of space for large workshops, professional studios, or a family compound. The property is conveniently located just minutes from Florida’s Turnpike (Yeehaw Junction), giving you easy access to both the Atlantic Coast and Central Florida’s metro areas. Don’t miss out on one of the largest and most flexible parcels in the area. Visit this beautiful lot today and take action before someone else does!

Facts & features

The home at a glance

7.63 ac

Lot size

Inside

Outside & construction

Community & fees

Taxes (2025)$617/yr

Utilities & systems

UtilitiesOther
WaterNone

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$1,794 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,472
FHA mortgage insurance (est.)$111
Property tax — 2025 actual bill$51
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $8,750Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $8,750
Interest rate6.00%
Loan term

Estimated payment

$1,794/mo

Principal & interest$1,472
FHA mortgage insurance (est.)$111
Property taxes (actual bill)$51
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Okeechobee

Map of 0 PALM AVENUE

Drive times from this address

Universal Orlando72 min
Orlando Int’l Airport (MCO)72 min
Walt Disney World73 min
Downtown Orlando73 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Okeechobee. See the full Okeechobee guide →

OKEECHOBEE 34972 — neighborhood snapshot

Population

19,185

Median age

38.7

Median income

$53,902

Median home value

$193,300

Avg household

2.76

Households w/ children

2,367

The numbers that matter

The Okeechobee market

Seller’s marketBalanced5.1 months of inventoryBuyer’s market

$225K$338K

Okeechobee median sold, yr/yr

93.2%

Sale-to-list ratio (12 mo)

Median sold price, Okeechobee, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 355% above the OKEECHOBEE 34972 median. See the full Okeechobee market guide →

Paper trail

This home's history

Jun 1, 2026Listed at $250,000 · 53 days on market since

Reality check

What actually sold near 0 PALM AVENUE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

3320 CENTRAL BOULEVARDSold · Sep ’25

$185,000

3320 CENTRAL BOULEVARD · same community

2 bd · 2 ba · 933 sqft · $198/sqft · 7 DOM

5585 PALM AVENUESold · Jun ’26

$338,000

5585 PALM AVENUE · same community

2 bd · 2 ba · 1,316 sqft · $257/sqft · 5 DOM

5700 CYPRESS DRIVESold · Feb ’26

$130,000

5700 CYPRESS DRIVE

3 bd · 2 ba · 1,460 sqft · $89/sqft · 7 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Kat Bonelli

Your agent

Kat Bonelli

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 0 PALM AVENUE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 0 PALM AVENUE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Kat's phone and CRM.

Goes straight to Kat’s phone and CRM.

Straight answers

0 PALM AVENUE FAQs

What would the monthly payment be for 0 PALM AVENUE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,794/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 0 PALM AVENUE?+

The most recent tax bill on record (2025) was $617. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Okeechobee?+

At $250,000, this home is listed about 11% below the Okeechobee median of $279,950. The market section on this page shows how the area is trending.

Listing courtesy of PROPERTY OUTLET INTERNATIONAL · Arelis Ravelo. MLS #S5150292.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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