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Okeechobee County, FL · Sold

FL-855464

5518 County Road 199

$204,500
$8,680/ac · 23.56 ac
Acreage23.56 ac
Price per acre$8,680/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedJan 29, 2026
Coordinates27.3916, -80.9239
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Okeechobee County, Florida. Rural interior counties absorbing metro overflow; the country's hottest lot market.

View Okeechobee market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
28
Low risk
Wetlands1.2% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,806 ft away

Service extension needed; get a utility quote.

Buildable area22.11 of 23.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$206,816
$178,983$234,649 · $8,778/ac on 23.56 ac
Asking vs estimate
-1.1%
In line with the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $204,500
Maximum allowable offer
$118,181
$5,016/ac · +30.0% target margin

You need $86,319 off asking to hit this margin.

All-in cost$128,226
Net resale$190,271
Projected profit$62,044
ROI+48.4%
Annualized+69.2%
Break-even resale$5,916/ac
Profit if resale lands off target
-20%
$23,990
-10%
$43,017
0%
$62,044
+10%
$81,071
+20%
$100,099
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-435051
Landlocked · Power at road
17.5Jul 27, 2026$139,0007,9576,5223.6 mi
84
FL-615834
Dirt · Off grid
30.8Jul 27, 2026$306,3009,9428,2054.8 mi
83
FL-275019
Gravel · Off grid
17.1Jul 27, 2026$218,10012,7758,3547.2 mi
81
FL-844899
Dirt · Power at road
15.7Jul 20, 2026$240,90015,3919,8582.8 mi
80
FL-694640
Landlocked · Power at road
13.0Jul 27, 2026$127,1009,7987,7784.2 mi
79
FL-636550
Paved · Off grid
51.8Jul 27, 2026$760,70014,6999,7201.1 mi
78
FL-305386
Dirt · Power at road
22.3Jun 29, 2024$283,50012,7299,2492.2 mi
74
FL-674737
Landlocked · Power at road
13.9Jun 14, 2025$135,4009,7238,1383.6 mi
72
FL-814810
Gravel · Power at road
14.7Mar 16, 2026$256,80017,5059,7148.8 mi
72
FL-184777
Dirt · Power at road
14.3Oct 14, 2025$234,10016,33910,7006.0 mi
70
Show adjustment detail for the top comp
  • Tract size (17.47 ac → 23.56 ac)-3.8%
  • Utilities (Power at road → Off grid)-15.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.