810 SW 2nd Street, Okeechobee, FL 34974

$1,160,000

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List Price
$1,160,000
MLS#
A12034833
Subtype
Triplex
County
Okeechobee
Subdivision
Okeechobee
Region
6230 - SW County (OK)
Year Built
2004

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.

Additional Information

Hoa Freq
Annually
Heating
Other
Cooling
Other
Roof
Other
Sewer
Public Sewer
Parking Spaces
6
Flooring
Other
Construction
Other
Elementary School
Central
Middle School
Osceola
High School
Okeechobee

Listing courtesy of APEX Capital Realty LLC. Contact:

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Calculator source: Real Geeks