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16423 NW 262nd St, Okeechobee, FL, 34972

4beds
2baths
1,812sqft
$194,950
$108price/sqft
$1,596/moest. monthly cost
$63,840/yrincome needed

About This Home

One or more photo(s) has been virtually staged. Discover the perfect blend of modern comfort and expansive rural living at 16423 NW 262ND ST, OKEECHOBEE, FL 34972. Nestled on nearly 1.5 acres of pristine, usable land, this stunning 2022-built home offers unparalleled space to roam, play, garden, or expand—your private oasis awaits just minutes from the heart of Okeechobee. Positioned in the tranquil yet conveniently connected community of Okeechobee, this property places you at the crossroads of South Florida and Central Florida. Enjoy drives to the vibrant beaches and urban amenities of the coast, or head north to the theme parks and attractions of Orlando. Lake Okeechobee's world-class fishing, boating, and outdoor recreation are practically in your backyard, while major highways ensure effortless commutes—ideal for families, or anyone seeking the best of both worlds. Step inside this like-new 4-bedroom, 2-bathroom residence boasting contemporary finishes, an open-concept layout, and abundant natural light. The generous floor plan provides room for everyone, with a primary suite that serves as your personal sanctuary. Outside, the nearly 1.5 acres of cleared, fenced land invite endless possibilities: add a pool, workshop, RV parking, horse stables, or simply savor the wide-open views and starry nights. Don't miss this rare opportunity to own a slice of Florida paradise with room to breathe. Schedule your private tour today and experience the freedom of acreage living without sacrificing convenience! Property being sold AS-IS. Seller has never occupied home therefore there are no disclosures available. Claims made in this listing are deemed correct by seller, but buyer understands it is their responsibility to confirm all info.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

2/10
Seminole Elementary SchoolGrades PK-516.8 mi
3/10
Yearling Middle SchoolGrades 6-817.9 mi
3/10
Okeechobee High SchoolGrades 9-1218.2 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Crawlspace
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Convection Oven
  • Laundry features: In Kitchen

Bedroom2

  • Features: Walk-In Closet(s)
  • Level: First

Bedroom3

  • Features: Walk-In Closet(s)
  • Level: First

Bedroom4

  • Features: Built-in Closet
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Other,Walk-In Closet(s)
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,812
  • Total interior livable area: 1,812 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First

Property

Details

  • Parcel number: R12634330A0000019H000
  • Zoning: A
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Other

Lot

  • Lot size: 1.25 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hurricane
Strong Wind
Cold Wave
Lightning
Wildfire
Inland Flooding

FEMA Declared Disasters in Okeechobee County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $985$11,820
Home Insurance *$106$1,272
Property Taxes $308$3,696
Electricity $197$2,366
Total$1,596$19,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,720/yr
40% on housing$47,880/yr
45% on housing$42,560/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$108This listing

vs Other Active Listings

Avg $/sqft

ZIP 34972$173
Okeechobee County$170

vs Homes Sold Last Month

Median $/sqft

ZIP 34972$172
Okeechobee County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-11Price change$194,950
2026-03-26Listed for sale$204,950
2026-02-24Pending sale$204,950
2026-02-04Price change$204,950
2026-01-06Price change$214,950
2025-12-04Price change$234,950
2025-11-04Listed for sale$244,950
2025-09-30Sold$100,300
2022-06-17Sold$250,000
2022-03-17Pending sale$285,000
2022-03-15Listed for sale$285,000
2022-03-11Listing removed--
2022-02-16Listed for sale$285,000
2021-09-22Listing removed--
2021-06-14Listed for sale$225,000
2021-05-05Sold$11,000

For Sale by Agent

AgentTerry Connors, II
BrokerageTHE SHOP REAL ESTATE CO.

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