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810 SW 2nd St, Okeechobee FL 34974

Multi-family For Sale
$1,160,000

BTC: 18.12500000

ETH: 685.98462448

3 days
0 room(s)

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2004
Lot:
No Data
Heating:
Other
Price/sqft:
No Data
Cooling:
Other
HOA:
No Data

Highlights

Annual tax
$17,240
2025
Parking
6 spaces
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Other

  • Other Property Information

    • Parcel Number: 3-15-37-35-0010-02010-0060

    • Zoning: Multi-fam 0800

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • HOA Frequency: Annually

    • Annual tax amount: $17,240

  • Source details

    • MLS ID: A12034833

    Other facts

    • Construction Materials: Other

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Other

    • Subdivision Name: 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