None

5001 S Kenansville Road, Okeechobee FL 34972

For Sale · Active Listing

$2,099,000

Est. Payment $11,172/mo

MLS Sheet Video

108

Days on Market

Description

This expansive 40.84-acre property in Okeechobee is located at the Florida Turnpike/State Road 60 exit at Yeehaw Junction - only 30 minutes from Vero Beach and central to all major Florida markets. Currently zoned RMH residential with almost 6 acres of the property approved for commercial future land use. In addition to potential residential development, this property is in a prime location for various industrial and commercial uses such as distribution centers or mixed use. Features 1700 feet of frontage on the Turnpike with an income-generating billboard and 1700 feet of frontage on US 441/Kenansville Rd. Owned by the same family for over 50 years. The adjacent 205+ acre property is also available for purchase for a potential of 246+ acres combined.

Facts

MLS#
R11164725
Subdivision
None
Property Type
Commercial Land
Property Sub Type
Year Built
Lot Size
1,778,990 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
108 days
Listed
Feb 18, 2026
Last Updated
May 18, 2026
Price/Lot Sq.Ft.
$1/ft²

Market insights for Okeechobee

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

27

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/18/2026Listed for sale$2,099,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5001 S Kenansville Road, Okeechobee FL 34972Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$13,071/mo

Principal & Interest

$11,172

Property Tax

$1,749

Insurance

$150

HOA

$0

20% ($419,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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