FL > Okeechobee > Okeechobee
Okeechobee, FL 34974,5806 US Highway 441
Okeechobee, FL 34974,5806 US Highway 441
Okeechobee, FL 34974,5806 US Highway 441
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Len Edelman

Len Edelman

+1(561) 350-8273
$578,000
Est. payment /mo
6 Beds
3 Baths
3,410 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single

Listing Status Active

Purchase Type For Sale

Square Footage 3,410 sqft

Price per Sqft $169

Subdivision Okeechobee

MLS Listing ID F10528626

Style WF/Ocean Access

Bedrooms 6

Full Baths 3

Construction Status Resale

Total Fin. Sqft 51000

Year Built 1997

Annual Tax Amount $6,877

Tax Year 2024

Lot Size 1.171 Acres

Property Sub-Type Single

Property 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!

Location

State FL

County Okeechobee County

Area Ok20

Rooms

Bedroom Description Other

Other Rooms Other

Interior

Interior Features Other Interior Features

Heating Central Heat

Cooling Central Cooling

Flooring Tile Floors

Equipment Dryer, Electric Range, Refrigerator, Washer

Exterior

Exterior Feature Other

Waterfront Description Canal Width 1-80 Feet

Water Access Desc Dock Available,Other

View Canal

Roof Type Other Roof

Building

Lot Description 1 To Less Than 2 Acre Lot

Foundation Cbs Construction

Sewer Septic Tank

Water Well Water

Construction Status Resale

Others

Senior Community No HOPA

Restrictions No Restrictions,Ok To Lease

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/5806-US-Highway-441-Okeechobee-FL-34974--F10528626/unbranded

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BeachesMLS Matrix (RAPB-F prefix)
Listed by RE/MAX Select Group

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Len Edelman

Len Edelman

+1(561) 350-8273

Agent | License ID: 1028332

Agent License ID: 1028332

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