5000 S Kenansville Road, Okeechobee, FL 34972

$5,000,000
Property Type: Land & Docks Lot Size (sq. ft.): 8,145,720 Status: Closed
Current Price: $5,000,000 List Date: 1/08/2025 Last Modified: 1/27/2026

Description

This beautiful 187-acre Old Florida land is filled with wildlife. Sit by your own lake and watch the deer and turkey wander by or launch your kayak and take a leisurely paddle around the lake. This beautiful property would make an ideal spot for a country estate, family compound, or a weekend getaway. 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. Features 2700 feet of frontage on the Turnpike with 3 income-generating billboards and a half-mile of frontage on US 441/Kenansville Rd. Owned by the same family for over 40 years.

More Information MLS# R11050230

Contract Information

Comp Sale YN: No LP/Acre: 34224.6 LP/Frontage: 2438.1 Listing Date: 2025-01-08 Status: Closed Original List Price: 6400000 Sold Price: $5,000,000 Current Price: $5,000,000

Location and Legal

County Or Parish: Osceola County Parish Name: Osceola City Name: Okeechobee Postal Zip: 34972 Geographic Area: Other Country: United States Street Number: 5000 Street Direction Prefix: S Street Name: Kenansville Street Suffix: Road State Or Province: FL Postal Code: 34972 Subdivision Name: None Area: 5940 - Other Florida County Parcel Number: 033234000000600000 Zoning: Agricultural Directions: From the SR 60/Turnpike intersection at Yeehaw Junction, go west to US 441 (aka Kenansville Rd), turn right and go 1.5 miles to property on west side of road (Turnpike runs along north side of land).

General Property Information

Lot Frontage: 2625 LP/SqFt: 0.79 Property Sub Type: Agriculture Lot Size Acres: 187 Lot Size Square Feet: 8145720 Direction Faces: East

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash SP/Acre: 26737.97 Major Change Timestamp: 2025-11-20T16:43:06Z Major Change Type: Status Change Status Change Date: 2025-11-20 Under Contract Date: 2025-09-28 Close Date: 2025-11-20 Close Price: 5000000

Electric

Three Phase: 1

Short Sale Details

Short Sale Addendum: No

Documents Available

None: 1

Comprehensive Plan Use

Other: 1

Current Use

Agricultural: 1 Other: 1

Development Status

Raw Land: 1

Location of Property

Other: 1

Possession

Close Of Escrow: 1

Sewer

Septic Tank: 1

Trees

Partial Tree Coverage: 1

Utilities

Electricity Available: 1 Sewer Available: 1

Vegetation

Brush: 1 Grassed: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Pasture: 1

Road Frontage Type

Freeway: 1 Highway: 1

Road Surface Type

Paved: 1

Water Source

Well: 1

Showing Requirements

Call Listing Agent: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: Yes Buyer Contributions Amount: 100000

Contributions Detail

Other: 1

Price Calculations

Original List Price To Close Price: 1.28

Acreage Description

10 Or More Acre Lot: 1

Financial Information

Tax Year: 2024 Tax Annual Amount: 460 Tax Legal Description: FROM SW COR SEC 3-32-34 RUN N 1739.58 FT ALONG W SEC/LINE TO POB CONT N 2224.68 FT TO SW COR OF NW 1/4 OF NW 1/4, RUN E

Originating Details

Originating System Key: 20250108183651290016000000 Originating System ID: M00000170

Property Features

Comprehensive Plan Use: Other Current Use: Agricultural; Other Development Status: Raw Land Documents Available: None Electric: Three Phase Location of Property: Other Possession: Close Of Escrow Sewer: Septic Tank Trees: Partial Tree Coverage Utilities: Electricity Available; Sewer Available Vegetation: Brush; Grassed Listing Terms: Cash; Conventional Lot Features: Pasture Road Frontage Type: Freeway; Highway Road Surface Type: Paved Water Source: Well Showing Requirements: Call Listing Agent Contingencies: None Contributions Detail: Other Acreage Description: 10 Or More Acre Lot
Listing Office: Berman Realty
IDX
Last Updated: January - 27 - 2026
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