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207 SE 6TH Avenue, Okeechobee FL 34974

Multi-family For Sale
$720,000

BTC: 8.59034779

ETH: 271.69811321

20 days
Waterfront
0 room(s)

Overview

207 SE 6th Avenue is a rare four-unit multifamily investment opportunity offering a unique blend of downtown walkability and direct waterfront access in Okeechobee, Florida. Located just two blocks from Flagler Park and the restaurants, boutiques, and storefronts along Park Street, the property also benefits from close proximity to Taylor Creek and Lake Okeechobee, providing strong lifestyle appeal and long-term tenant demand. Built in 1988 on a 21,475 SF waterfront lot, the well-maintained 3,873 SF building features a metal roof replaced approximately five years ago, a ±1,000 SF waterfront deck overlooking the creek, and a 6’ x 30’ concrete seawall with potential for a future boat dock or slip. The property presents a compelling value-add opportunity, as the majority of units will be delivered vacant, allowing a new owner to lease at current market rents and immediately improve operational performance. This creates a clear path toward NOI growth and increased stabilized asset value without significant renovation requirements or inherited tenant complications. With a highly desirable waterfront setting, walkable downtown location, and strong upside potential, 207 SE 6th Avenue represents a hard-to-find multifamily investment in a tightly held submarket.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1988
Lot:
No Data
Heating:
Other
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$8,854
2025
Waterfront
Creek
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 3-21-37-35-0020-02520-00I0

    • Zoning: City

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • HOA Frequency: Annually

    • Annual tax amount: $8,854

  • Source details

    • MLS ID: A12087634

    Other facts

    • Construction Materials: Other

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Other

    • Waterfront: Yes

    • Subdivision Name: City of Okeechobee

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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: APEX Capital Realty LLC