810 Sw 2nd St, Okeechobee, FL 34974

$1,160,000

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List Price: $1,160,000
MLS: A12034833
Complex Name: Okeechobee
Status: PENDING
Type: Multifamily

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Property Description

Rare multifamily portfolio opportunity in downtown Okeechobee featuring two masonry triplexes located on corner lots at the same intersection just south of the Park Street corridor. The portfolio consists of six matching 2-bedroom, 2-bathroom units totaling 5,760 SF on approximately 0.70 acres. Uniform floor plans and operational consistency create efficient management and leasing. Walkable to Flagler Park, Main Street, restaurants, and local amenities. Both buildings are turnkey, with roofs and HVAC systems replaced within the past 24–36 months. Current rents are approximately 12% below market, presenting a clear value-add opportunity through lease turnover and rent growth. Ideal for investors seeking in-place cash flow with strong upside potential in a growing market.

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Additional Information

Days on Market: 76
Style: Triplex
#Parking Spaces: 6
Year Built: 2004
Development Name: Okeechobee
#Stories: 1
Construction Type: Other
Section: 37