5806 US Highway 441 Okeechobee, FL $ 568,000
5806 US Highway 441
$ 568,000
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5806 US Highway 441

Okeechobee, FL, 34974
$ 568,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,544

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Commercial Property for sale in Okeechobee, FL

for $568,000. This building was built in 1997 on a lot size of 1.1709.

Excellent income-producing property with multi-family zoning and significant room for expansion! Currently generating $72,000/year in income with a Net Operating Income (NOI) of $59,000, this property boasts a Cap Rate of over 10%—a rare find! The property includes a single-family home plus two additional separate rental buildings and RV spaces, all sitting on over an acre of waterfront land along the Taylor Creek Canal with direct access to Lake Okeechobee and the ocean. Recent upgrades include a new electric system, new well, and a 15-year silicone-coated roof for low-maintenance durability. Whether you're looking for a solid investment opportunity or a primary residence with income potential, this property checks all the boxes. Don’t miss out!

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Commercial Pending

Price

$ 568,000

Property Type

Commercial

Taxes

$ 6,877

Style

Lot Size

1.1709

Year Built

1997

Town/City

Okeechobee

County/Region

Okeechobee

MLS | Web ID

F10528339

List By
Re/Max Select Group

Broker

hectorvida@remax.net

Email

Affordability Calculator

$4,117
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,544
Monthly Property Taxes
$573
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
11/12/2025$568,000 -1.73% Price Down
9/24/2025$578,000 Listed Price

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5806 US Highway 441, Okeechobee, FL, 34974 is a Commercial Property for sale at $568,000 with a lot size of 1.1709. 5806 US Highway 441 was built in 1997. The property's zip code is 34974 which is in Okeechobee, FL