5000 S Kenansville Road, Okeechobee, FL 34972 (MLS# R11050230)

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

Overview

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.

Listing Details MLS# R11050230

General Property Information

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

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

Contract Information

Comp Sale YN
No
Listing Contract Date
2025-01-08
Original List Price
6400000
LP/Acre
34224.6
LP/Frontage
2438.1

Location and Legal

Country
United States
County Or Parish
Osceola
County Parish Name
Osceola
Street Number
5000
Street Direction Prefix
S
Street Name
Kenansville
Street Suffix
Road
City Name
Okeechobee
State Or Province
FL
Postal Code
34972
Postal Zip
34972
Subdivision Name
None
Area
5940 - Other Florida County
Geographic Area
Other
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).

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

Status Change Information

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
Buyer Financing
Cash
SP/Acre
26737.97

More Information

Short Sale Details

Short Sale Addendum
No

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
Yes
Buyer Contributions Amount
100000

Price Calculations

Original List Price To Close Price
1.28

Originating Details

Originating System Key
20250108183651290016000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Documents Available

None
Yes

Comprehensive Plan Use

Other
Yes

Current Use

Agricultural
Yes
Other
Yes

Development Status

Raw Land
Yes

Location of Property

Other
Yes

Possession

Close Of Escrow
Yes

Sewer

Septic Tank
Yes

Trees

Partial Tree Coverage
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes

Vegetation

Brush
Yes
Grassed
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Pasture
Yes

Road Frontage Type

Freeway
Yes
Highway
Yes

Road Surface Type

Paved
Yes

Water Source

Well
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

None
Yes

Contributions Detail

Other
Yes

Acreage Description

10 Or More Acre Lot
Yes
Listing Office: Berman Realty
IDX
Last Updated: January - 27 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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