
0 PALM AVENUE, OKEECHOBEE, FL, 34972
Active53 days on marketListed Jun 1, 2026MLS #S5150292
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
Utilities & systems
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%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,794/mo
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
Drive times from this address
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
$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
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.
Sold · Sep ’25$185,000
3320 CENTRAL BOULEVARD · same community
2 bd · 2 ba · 933 sqft · $198/sqft · 7 DOM
Sold · Jun ’26$338,000
5585 PALM AVENUE · same community
2 bd · 2 ba · 1,316 sqft · $257/sqft · 5 DOM
Sold · 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.

Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 0 PALM AVENUE — start here.

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.
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.
Keep looking
Similar homes nearby
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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