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  • MLS#: F10528626 ( Residential )
  • Street Address: 5806 Us Highway 441
  • Viewed: 41
  • Price: $568,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1997
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 3
  • Full Baths: 3
  • Additional Information
  • Geolocation: 27 / -81
  • County: OKEECHOBEE
  • City: Okeechobee
  • Zipcode: 34974
  • Subdivision: Okeechobee
  • Provided by: RE/MAX Select Group
  • DMCA Notice
  • Description
    Excellent income producing property with multi family zoning and significant room for expansion! Currently generating $72,000/year in income with a 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. Dont miss out!
Property Features
Possible Terms
  1. Cash
  2. Conventional
Appliances
  1. Dryer
  2. Electric Range
  3. Refrigerator
  4. Washer
Association Amenities
  1. Boating
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Exterior Features
  1. Other
Flooring
  1. Tile
Heating
  1. Central
  2. Electric
  3. Natural Gas
Interior Features
  1. Other
Legal Description
  1. A PARCEL OF LAND LYING IN SECTION 6
  2. TOWNSHIP 38 SOUTH
  3. RANGE 36 EAST
  4. OKEECHOBEE COUNTY
  5. FLORIDA. BEING A PORTION OF THOSE LANDS DESCRIBED
Levels
  1. One
Parcel Number
  1. R10638360A0000008A000
Parking Features
  1. Driveway
Pets Allowed
  1. Yes
Property Type
  1. Residential
Road Frontage Type
  1. Public Road
Roof
  1. Wood
  2. Other
Tax Year
  1. 2024
Views
  1. 41
Virtual Tour Url
  1. https://www.propertypanorama.com/5806-US-Highway-441-Okeechobee-FL-34974--F10528626/unbranded
Year Built
  1. 1997