2821 SW 3rd Ter Okeechobee, FL $ 1,795,000
2821 SW 3rd Ter
$ 1,795,000
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2821 SW 3rd Ter

Okeechobee, FL, 34974
$ 1,795,000
Baths0.0

Monthly Estimate*

$ 11,198

2821 SW 3rd Ter, Okeechobee, FL 34974 - Image 1
2821 SW 3rd Ter, Okeechobee, FL 34974 - Image 2
2821 SW 3rd Ter, Okeechobee, FL 34974 - Image 3
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Studio

Com Land for sale in Okeechobee, FL

for $1,795,000. The lot size is 1.29.

Fully leased 17,640 sq ft commercial plaza on 1.291 acres. Recently remodeled and known as Cedar Plaza, this plaza consist of 14 individual leasable bays. Current leases in place are 2 year leases with a built in annual escalator, current actual income reflects a 7% cap rate at asking price with room to grow income. Located just off Hwy 441 South and 1 block West of Home Depot makes this property a great income producer for investors.

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Com Land Active

Price

$ 1,795,000

Bedrooms

Studio

Property Type

Com Land

Taxes

$ 14,836

Style

Lot Size

1.29

Town/City

Okeechobee

County/Region

Okeechobee

MLS | Web ID

F10490739

Features
General
Water Description Municipal Water
Utilities Available Irrigation Water Other Utilities Available Sewer Water
Property Type Commercial/Business/Agricultural/Industrial Land
Area 6210 - NE County (OK)
Subdivision Name North Lake Bus Park
Location Central Business District City Location
Section 28
Approximate Lot Size 55921
Usage Other Usage
Type of Property Commercial
Waterfront Property 0
REO 0
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Exterior
Lot Description 1-2.5 Acres
On Site Utilities Electric Gas Other Utilities Available Sewer Water
Acres 1.2900
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* Excluded Features
List By
The Tucker Group, Llc

Broker

bryan@tucker-group.com

Email

Affordability Calculator

$12,435
Per Month
90%
10%
0%
Monthly Principal & Interest
$11,198
Monthly Property Taxes
$1,236
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
295894 Elementary School
296011 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2025$1,795,000 Listed Price

Map


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2821 SW 3rd Ter, Okeechobee, FL, 34974 is a Com Land for sale at $1,795,000 with a lot size of 1.29. 2821 SW 3rd Ter is a studio with 0.0 baths. The property's zip code is 34974 which is in Okeechobee, FL