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Okeechobee County, FL · Sold

FL-435051

3947 County Road 164

$162,400
$9,296/ac · 17.47 ac
Acreage17.47 ac
Price per acre$9,296/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedMar 20, 2026
Coordinates27.3862, -80.8663
Loading terrain…
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

4 items to verify before you offer.

Risk index
68
High risk
Wetlands45.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power44 ft away

Power at or near the road.

Buildable area9.00 of 17.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$195,172
$160,583$229,761 · $11,172/ac on 17.47 ac
Asking vs estimate
-16.8%
Priced below 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 $162,400
Maximum allowable offer
$111,527
$6,384/ac · +30.0% target margin

You need $50,873 off asking to hit this margin.

All-in cost$121,007
Net resale$179,558
Projected profit$58,551
ROI+48.4%
Annualized+69.2%
Break-even resale$7,529/ac
Profit if resale lands off target
-20%
$22,640
-10%
$40,595
0%
$58,551
+10%
$76,507
+20%
$94,463
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-694640
Landlocked · Power at road
13.0Jul 27, 2026$127,1009,7989,5117.3 mi
88
FL-275019
Gravel · Off grid
17.1Jul 27, 2026$218,10012,77510,2154.4 mi
86
FL-844899
Dirt · Power at road
15.7Jul 20, 2026$240,90015,39112,0555.5 mi
86
FL-855464
Landlocked · Off grid
23.6Jul 27, 2026$193,5008,21110,0633.6 mi
84
FL-814810
Gravel · Power at road
14.7Mar 16, 2026$256,80017,50511,8795.3 mi
82
FL-674737
Landlocked · Power at road
13.9Jun 14, 2025$135,4009,7239,9513.6 mi
79
FL-184777
Dirt · Power at road
14.3Oct 14, 2025$234,10016,33913,0846.2 mi
77
FL-615834
Dirt · Off grid
30.8Jul 27, 2026$306,3009,94210,0334.4 mi
77
FL-305063
Gravel · Off grid
17.6Nov 10, 2023$318,80018,09016,1702.2 mi
74
FL-355231
Dirt · Power at road
19.9Oct 12, 2024$211,80010,6459,2145.5 mi
74
Show adjustment detail for the top comp
  • Tract size (12.97 ac → 17.47 ac)-3.1%

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.