5806 Us Highway 441, Okeechobee, FL

$568,000

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1.17

Acres

About 5806 Us Highway 441

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!

Features of 5806 Us Highway 441

MLS® # F10528339
Price $568,000
Acres 1.17
Year Built 1997
Type Commercial Sale
Sub-Type Multi Family
Status Closed

Community Information

Address 5806 Us Highway 441
Area 6220 - SE County (OK)
City Okeechobee
County Okeechobee
State FL
Zip Code 34974

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Select Group

Listing Map

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