20375 NW 248TH STREET, OKEECHOBEE, FL, 34972
Active126 days on marketListed Mar 20, 2026MLS #C7523739
About this home
20375 NW 248TH STREET
Exceptional Opportunity – 1.25 Acres of Versatile Land in a Residential & Agricultural Zone! Discover the freedom to create your ideal lifestyle on this spacious 1.25-acre property, perfectly suited for farming or residential development. Build your dream home with concrete block or a mobile home—your choice! Located just five minutes from a serene fishing lake and vast recreational trails, this area is ideal for outdoor enthusiasts, whether you enjoy ATVs, horseback riding, or exploring nature. The property also features a man-made pond, perfect for tilapia farming or watering livestock. Enjoy the peace and beauty of nature only 8 minutes from Kissimmee Prairie National Park, where wide-open skies and natural landscapes create a unique Florida experience. The land is high and dry—a rare find in this region—making it ideal for developing a private farm, a personal retreat, or even income-producing short-term rentals. Don’t miss this chance to own your own private slice of paradise in one of Florida’s most promising areas! This region is a magnet for eco-tourism and recreational ventures, with easy access to Okeechobee’s famous fishing lakes, boating, and starlit camping. The community is also known for its passion for horses, offering opportunities for equestrian sports and agricultural projects. For investors, this land offers exciting potential: from agriculture or outdoor adventure parks to Airbnb-style cabins catering to tourists and nature lovers. A strategic investment in an area that truly has it all—nature, accessibility, and opportunity. Total land size: 1.25 acres Note: Buyer is responsible for verifying all information with local authorities and applicable agencies.
Facts & features
The home at a glance
1.25 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$490 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$490/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Okeechobee
Get to know Okeechobee. See the full Okeechobee guide →
OKEECHOBEE 34972 — neighborhood snapshot
Population
19,185
Median age
38.7
Median income
$53,902
Median home value
$193,300
Avg household
2.76
Households w/ children
2,367
The numbers that matter
The Okeechobee market
$225K → $338K
Okeechobee median sold, yr/yr
93.2%
Sale-to-list ratio (12 mo)
Median sold price, Okeechobee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 18% below the OKEECHOBEE 34972 median. See the full Okeechobee market guide →
Paper trail
This home's history
Reality check
What actually sold near 20375 NW 248TH STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$260,000
16371 NW 262 st, Okeechobee FL 34972
4 bd · 2.5 ba · 36 DOM
Sold · Jul ’26$330,000
19632 NW 252nd Street, Okeechobee FL 34972
3 bd · 1 ba · 912 sqft · $362/sqft · 4 DOM
Sold · Aug ’25$310,000
18767 NW 240TH STREET
3 bd · 2 ba · 1,247 sqft · $249/sqft · 56 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 20375 NW 248TH STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 20375 NW 248TH STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
20375 NW 248TH STREET FAQs
What would the monthly payment be for 20375 NW 248TH STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $490/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 20375 NW 248TH STREET?+
The most recent tax bill on record (2025) was $540. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Okeechobee?+
At $45,000, this home is listed about 84% below the Okeechobee median of $279,950. The market section on this page shows how the area is trending.
Keep looking
Similar homes nearby
Listing courtesy of EXP REALTY LLC · Javier Parra. MLS #C7523739.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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