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238 US Highway 441, Okeechobee FL 34974

Commercial For Sale
$559,000

BTC: 9.34126533

ETH: 350.53834915

-$40K (2026/03/11)
156 days
0 room(s)

Overview

This income-producing commercial property features direct lake access, a private boat ramp, and a sea wall, making it ideal for marine-related businesses or future mixed-use development.Currently leased to two tenants generating $40,800 annually, the property offers stable cash flow with significant upside potential. 2BD2BA 1BD1BA. The Commercial Corridor Mixed Use future land use designation allows for a wide range of development possibilities including retail, office, residential mixed use, hospitality, Light Industrial and Warehousing, Public and Institutional Uses. Possibility for additional parking. Lake Okeechobee is the largest freshwater lake in Florida and the second-largest freshwater lake entirely within the contiguous United States.

Location

Florida • Okeechobee • 34974 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
Common
Year Built:
1984
Lot:
0.34 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$469,000
$338K – $579K
Confidence Low
List vs. estimate
$90K above estimate
List $559,000 · +19.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,412
2025
All facts and features

  • Parking

    • Common

    Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: R10338350A0000004C000

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $6,412

  • Source details

    • MLS ID: F10546489

    Other facts

    • Lot Features: County Location

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34974
318
median $227K
Active
Same city
Okeechobee
877
median $124K
Active
Same type
Commercial
178
median $107K
Active
Similar price
$391K – $726K
85
median $489K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Illustrated Properties LLC (Co