651 Highway 78

Okeechobee, FL 34974

$1,900,000
Price
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Description

Seize this rare opportunity to develop 11.71 acres in the designated Resort Corridor, one of Okeechobee’s most sought-after development zones! Half a mile from Parrot Ave (HWY441/US 98) & less than 1,500’ from Lake Okeechobee Park. Lake O' is a premier destination for bass fishing tournaments. These events draw anglers & visitors from around the World, making this a prime location for a resort, hotel, restaurant, all types of residential including tiny homes, cottages, townhomes, etc. Anything related...Seize this rare opportunity to develop 11.71 acres in the designated Resort Corridor, one of Okeechobee’s most sought-after development zones! Half a mile from Parrot Ave (HWY441/US 98) & less than 1,500’ from Lake Okeechobee Park. Lake O' is a premier destination for bass fishing tournaments. These events draw anglers & visitors from around the World, making this a prime location for a resort, hotel, restaurant, all types of residential including tiny homes, cottages, townhomes, etc. Anything related to tourism! Okeechobee is undergoing a massive transformation. As growth surges & demand rises, this parcel presents an even greater investment opportunity. Don’t miss this rare chance to claim a key piece of Okeechobee’s future—Contact Us Today! Tenants month-month. Selling for land value.
  1. Listed by Cyndee Heelan • Keller Williams Realty Consultants

Property Details for 651 Highway 78

Subdivision Name
That's Up to You!
Waterfront
No
LISTING UPDATED: 10/31/2025 03:59 PM

Property Details for 651 Highway 78

StatusActive
MLS #F10508887
Days on Market186
Taxes$1,969 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Business/Agricultural/Industrial Land / Income/Multi-Family
Year Built-
Lot Size11.71 AC
CountyOkeechobee County

Location

Listing Courtesy of Keller Williams Realty Consultants
Add your commute

Building Information for 651 Highway 78

Building Size-Lot Size11.71 AC

Payment Calculator

$9,553 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,389

Property Taxes

$164

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 651 Highway 78

General Information
General Information
  • Street Number Numeric: 651
  • Street Name: State Road 78
  • County Or Parish: Okeechobee County
  • Postal Code: 34974
  • City and Location Text: Okeechobee
  • City Postal ID: 34974
Maintenance / Tax Information
  • Tax Amount: $1,969
  • Tax Year: 2024
Building Information
  • Property Sq Ft: 510000
  • Property Type: Commercial/Business/Agricultural/Industrial Land
  • Style of Property: Unimproved Multi Family (5+Units)
  • Subdivision Complex Bldg: That's Up to You!
  • Type of Property: Income/Multi-Family
  • MLS Area: 6210 - NE County (OK)
Virtual Tour / Features / Utilities
Exterior
  • Surface Description: Paved Road
Waterfront
  • Water Description: Municipal Water
Utilities
  • On Site Utilities: Electric, Water
  • Sewer Description: Septic Tank
  • Utilities Available: Cable Tv, Electric, Phone Line, Trash Removal, Water
Property / Lot Information
Community Information
  • Property Management: No
Location Information
  • Area: 6210 - NE County (OK)
  • Directions: Property is on the West side of HWY 78 just South of 441/98/Parrot Ave. Located between the water plant and the gravel supply business.
  • Geographic Area: OK10
  • Location: Central Business District, City Location, Urban Area Development
  • Parcel Number Free Text: R10438350A00000090000
  • Section: 4
  • State: FL
Lot Information
  • Approximate Lot Size: 390x1400
  • Comprehensive Plan Use: Central Urban, Other Plan Use, Urban Commercial
  • Environmental Audit: None
  • Lot Depth: 1,400
  • Lot Description: 10 Or More Acres
  • Lot Frontage: 390
  • Lot Square Footage: 510000.0
  • Total Acreage: 12
  • Usage: Unimproved Hotel/Motel, Unimproved Multi Family (5+Units), Income (Recreational)
Multi Family Information
Income Information
  • Gross Scheduled Income: $0
  • Inc Exp Statement Period: 0

Property History for 651 Highway 78

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Price Change

GFLR #F10508887

$1,900,000—
Jun 12, 2025

Listed (Active)

GFLR #F10508887

$2,000,000—
Jun 17, 2008

Sold (Public Record)

Public Record #244969977

$80,000—
DateEvent & SourcePrice
10/31/2025

Price Change

GFLR #F10508887

$1,900,000
06/12/2025

Listed (Active)

GFLR #F10508887

$2,000,000
06/17/2008

Sold (Public Record)

Public Record #244969977

$80,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 651 Highway 78

Taxable ValueLand$19,219Additions$31,404Total$50,623
Tax Record2025$679 ($57 / month)
Home Facts
Total Finished SqFt524 SqFtAbove Grade Finished SqFt524 SqFtStories1Lot Size10,062 SqFtStyleDuplexYear Built1958CountyOKEECHOBEEAPN1-04-38-35-0A00-00009-0000

Schools near 651 Highway 78

This home is within Okeechobee.
Rating
School
Type
Grades
Distance
South Elementary School
Public - PK to 6
Osceola Middle School
Public - 6 to 8
Okeechobee High School
Public - 9 to 12
Okeechobee Virtual Instruction Program
Public - K to 12
Rating
School
Distance
South Elementary School
PublicPK to 6

Osceola Middle School
Public6 to 8

Okeechobee High School
Public9 to 12

Okeechobee Virtual Instruction Program
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 651 Highway 78, Okeechobee, FL 34974

651 Highway 78 is a multi-family home for sale in Okeechobee, FL 34974. This property was listed for sale on June 12, 2025 by Keller Williams Realty Consultants, it's currently listed at $1,900,000. It has been on the market for a total of 186 days and was last sold on June 17, 2008. This listing's school district is Okeechobee. Nearby schools include South Elementary School, Osceola Middle School and Okeechobee High School. 651 Highway 78 is a 0-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Consultants

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.