$50,000

Prime residential lot opportunity in Okeechobee, Okeechobee County, located at 14773 NW 280TH ST.Situated in a residential area, this property offers convenient access to a nearby park (approximately 1.72 miles), Lio Okeechobee (1.83 miles), and highways (2.06 miles). The lot is located in Flood Zone A, a high-risk 100-year floodplain (1/100 annual flood chance), requiring elevated building foundations (often to base flood elevation), flood vents, and mandatory flood insurance. Construction costs may rise significantly due to engineering requirements, and local permits could be harder to obtain or delayed. There is also wetland impact (Freshwater Marshes/Graminoid Prairie - Marsh), which heavily restricts development under environmental regulations such as the Clean Water Act. This may necessitate U.S. Army Corps of Engineers permits, environmental impact studies, and potential mitigation (e.g., creating equivalent wetlands elsewhere), adding substantial costs, timelines, or limiting the buildable area. Contact Okeechobee City Planning Dept for a Zoning Verification Letter. The Florida Live Local Act may allow higher density in some cases. Buyer should verify all zoning, setbacks, utility availability, and development requirements with the Okeechobee City Planning Department. The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.