$1,160,000
Okeechobee, FL 34974
MLS# A12034833
Status: Pending
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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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-06-10
Status: Pending
Original List Price: 1160000
List Price: $1,160,000
Current Price: $1,160,000
Location and Legal
County Or Parish: Okeechobee
County Parish Name: Okeechobee
City Name: Okeechobee
Municipal Code: 3
Postal Zip: 34974
Geographic Area: Other
Subdivision Number: 350010
Country: United States
Street Number: 810
Street Direction Prefix: SW
Street Name: 2nd
Street Suffix: Street
State Or Province: FL
Postal Code: 34974
Subdivision Name: Okeechobee
Area: 6230 - SW County (OK)
Elementary School: Central
Middle Or Junior School: Osceola
High School: Okeechobee
Parcel Number: 31537350010020100060
Zoning: Multi-fam 0800
General Property Information
Parking Total: 6
Stories Total: 1
Pool Private YN: No
Property Sub Type: Triplex
Year Built: 2004
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Association YN: 1
Association Fee Frequency: Annually
Tax Annual Amount: 17240
Tax Year: 2025
Tax Legal Description: Lots 6,7,8 Block 201
Office/Member Information
DXORIGMLSID: SEF
Flooring
Other: 1
Documents Available
Other Available Information: 1
Possession
Other: 1
Sewer
Public Sewer: 1
Utilities
Cable Not Available: 1
Heating
Other: 1
Construction Materials
Other: 1
Listing Terms
Other: 1
Roof
Other: 1
Cooling
Other: 1
Association Type
Other Type of Association: 1
Tax Information
City/County: 1
Contingencies
Other: 1
Section Details
Parcel Number MLX: 0201
Status Change Information
Major Change Timestamp: 2026-11-03T18:21:11Z
Major Change Type: Status Change
Status Change Date: 2026-11-03
Under Contract Date: 2026-08-25
Originating Details
Originating System Key: 510760266
Originating System ID: M00000151
Property Features
Documents Available: Other Available Information
Flooring: Other
Construction Materials: Other
Cooling: Other
Association Type: Other Type of Association
Heating: Other
Listing Terms: Other
Possession: Other
Roof: Other
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Not Available
Contingencies: Other
Listing Office: APEX Capital Realty LLC
Last Updated: November - 09 - 2026
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