$8,500,000

5701 Hwy 441 S E

Okeechobee, Florida 34974

5701 Hwy 441 S E

Property Description

Excellent property for residential development with frontage on US 441 south. Parcel is zoned (RG), Residential General, which allows for up to 5 units per acre. This tract is adjacent to an existing subdivision and a future development, just permitted in June of 2007. Higher density may be allowed with a special exception. This parcel of land has open pasture land with scattered oaks, sabal palms, and pines. The center of this property is heavily wooded with huge grandfather oaks, sabal palms, pines and cypress trees; some clearing has been done. This property would make a superb setting for upscale housing and has a great location for commuters to the coast. Utilities for this parcel should be available, due to Okeechobee Utility Authority expansion and developer commitments in the next year. Various studies have been done, including archeological, species, geotech, and wetland delineations. A current survey is also available for review.

Features

Lot Size:
 551.00 acres

Neighborhood Information

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URL for this listing: http://www.realestatebook.com/homes/listing/104-31443/5701-Hwy-441-S-E-Okeechobee-FL-34974/

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More Okeechobee Real Estate From Real Estate Book
This property located at 5701 Hwy 441 S E is currently for sale.  5701 Hwy 441 S E is in the 34974 ZIP code in Okeechobee, Florida. This property is listed by Mark Crews for $8,500,000. .