Commercial Sale
5806 US Highway 441
Okeechobee, FL 34974
General Information
Location Information
Financial Information
Remarks
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!
Listing Agent
Hector Vidaurre
RE/MAX Select Group
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276