Okeechobee
5806 US Highway 441, Okeechobee FL 34974
6 beds · 3 baths · 3,410 ft²
6
Bedrooms
3
Bathrooms
3,410
Sq. Ft.
1997
Year Built
1
Stories
50
Days on Market
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. Don’t miss out!
Facts
- MLS#
- F10528626
- Subdivision
- Okeechobee
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 51,008 ft²
- Sq. Ft.
- 3,410 ft²
- Sq. Mt.
- 317 m²
- Price per sq. ft.
- $167/ft²
- Price per sq. mt.
- $1,792/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 50 days
- Listed
- Sep 24, 2025
- Last Updated
- Aug 17, 2026
- Price/Lot Sq.Ft.
- $11/ft²
Market insights for Okeechobee
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
42
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 8/17/2026 | Sold | $568,000 |
| 11/12/2025 | Price change | $568,000-1.7% |
| 9/24/2025 | Listed for sale | $578,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$3,646/mo
Principal & Interest
$3,023
Property Tax
$473
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours