810 SW 2nd St, Okeechobee FL 34974

For sale Days on market 77

Okeechobee [ Triplex ]

$1,160,000

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Overview

Year Built

2004

Property Type

Triplex

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.

Property Details

MLS#

A12034833

Total Floor in Bldg

Building

Okeechobee

Address

810 2nd St SW

City

Okeechobee

State/county

Zip/Postal Code

34974

Area

Okeechobee

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Annually

Tax Amount

$17,240

Maint Fee

$--

Tax Year

2025

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