Do Real Estate on the Go!
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Do Real Estate on the Go!
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$568,000
6 Beds
- 3 Baths
3 full baths
3,410sqft
5806 Us Hwy 441, Okeechobee, FL 34974
$568,000
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Single Family Residence
Built in 1997
$-- HOA
1.17 acres lot
$167/sq.ft
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...
Continue ReadingProperty Details
Status
Pending
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1997
HOA Fees
-
Finished Area
3,410 sqft
Lot Size
1.17 acres lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
F10528626
MLS Status
Pending
Days on Market
85
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