




$578,000 USD
Commercial for Sale, 5806 US Highway 441, Okeechobee, Florida 34974
- MLS#F10528339
Listed By RE/MAX Select Group
The Commercial Property for Sale located at 5806 US Highway 441, Okeechobee, Florida 34974 is currently for sale. 5806 US Highway 441, Okeechobee, Florida 34974 is listed for $578,000.
Property features
Lot/Land
- Land/Lot size:
4,739 m² (51,008 ft²)
Construction
- Year built: 1997
Utilities
- Telecommunication: Internet Access
Description
Excellent income-producing property with multi-family zoning and significant room for expansion! Currently generating $72,000/year in income with a Net Operating Income (NOI) of $59,000, this property boasts a Cap Rate of over 10%—a rare find! The property includes a single-family home plus two additional separate rental buildings and RV spaces, all sitting on over an acre of waterfront land along the Taylor Creek Canal with direct access to Lake Okeechobee and the ocean. Recent upgrades include a new electric system, new well, and a 15-year silicone-coated roof for low-maintenance durability. Whether you're looking for a solid investment opportunity or a primary residence with income potential, this property checks all the boxes. Don’t miss out!
Location
5806 US Highway 441, Okeechobee, Florida 34974