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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1105 S Parrott Ave , Okeechobee, FL 34974
$5,200,000
Est. Payment: $27,760.45/mo
2832 Sqft
5 Acres
Status: active | Days on site: 1
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FLL801981 - FLL3610995
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House Description

5 Acres right in the heart of town! An excellent opportunity to acquire two adjoining parcels totaling approximately 5 acres in a desirable location along S. Parrott Avenue. Ideally situated near established businesses and commercial activity, this property offers convenient access to a major roadway and presents exciting possibilities for investors & developers. Current Features: An Established Favorited Restaurant among locals, Outdoor Entertainment Venue, Ample Parking, Single Family Home, Excess Land for Commercial Development. The two parcels offer different zoning and future land use designations, providing an opportunity for buyers to explore potential development options. One parcel is zoned Residential Single-Family, with a future land use designation of Multi-Family Residential. Buyers are encouraged to independently verify acreage, zoning, future land use, permitted uses, utility availability, and development feasibility with the appropriate governmental authorities.

Highlights

Listed by Jack Mcdonough , 863-484-9324 BSR Realty Group, Inc , 561-909-0136. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
5

Year Built

1956

County

Okeechobee

Area

6220 SE Okeechobee County

Listing ID

B26093838

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Interior Features

Air Cond:Ceiling Fan(s),Electric
Fireplaces:
Water:Public

Exterior Features

Lot:5-10 Acres,Oversized Lot,Split Possible,Trees
Garage Capacity:100
Zoning:RES
Roof:Concrete
Others:
  • ▪ Additional:Balcony
Sewer:Not Connected (at lot),Public Sewer,Other,Septic Tank
Principal Interest
$27,760
Taxes
$923

Home Price

$5,200,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$1,040,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$27,760.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $27,760.45 $922.92 $0.00 $28,683.37
Yearly $333,125.40 $11,075.00 $0.00 $344,200.40
Total $9,993,761.90 $332,250.00 $0.00 $10,326,011.90

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Okeechobee, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-03T01:08:00.000Z

© 2026 REALTOR Association of Greater Miami and the Beach