Unique waterfront opportunity in Okeechobee! This beautifully updated single-story multi-family property offers 5 bedrooms, 4.5 bathrooms, and 3,684 sq. ft. of living space situated on a spacious double lot with endless possibilities for future expansion or additional income.The property features two separate residences. The front home offers 2 bedrooms and 1 bathroom and is currently leased for $1,900 per month, providing immediate rental income. The rear home features 3 bedrooms and 3 full bathrooms and is successfully operated as a short-term rental, generating approximately $5,000 to $7,000 per month. Tastefully renovated with a modern kitchen, durable laminate flooring throughout, and contemporary finishes, this property is truly move-in and investment ready. Outside, enjoy a 4-car garage, a boat shed, and a private dock accommodating approximately four boats, making it ideal for boating enthusiasts and waterfront living. Whether you're looking for a primary residence with rental income, a multi-generational property, or a high-performing investment, this unique offering checks every box. The expansive double lot provides room for future development (subject to zoning and approvals), adding even more long-term value. End each day with breathtaking Okeechobee sunsets from your own backyard. A rare opportunity to own a versatile waterfront property with multiple income streams and incredible growth potential. NO HOA! Schedule your private showing today!
| MLS # | B26056551 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1988 |
| Days On Site | 105 |
| Listing Provided By | Clients 1st Realty, Inc | Hiliany Esther Munguia |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,684 |
| Garage | 4 |
| Car Port | Yes |
| Story(s) | 1 |
| Zoning | 30 - County |
| Acreage | 0.99 |
| Water Front | Yes |
| Property View | Yes |
| Lot Features | Fruit Trees, Oversized Lot |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Attached, Covered, Carport, Driveway, Garage |
| Tax Annual Amount | 9595 |
|---|
| State | FL |
|---|---|
| County | Okeechobee |
| City | Okeechobee |
| Zip Code | 34974 |
| Area | 6220 SE County (OK) |
| Subarea | OKCB Okeechobee |
| Community Name | South Florida WMD |
| Listing VS Median (in South Florida WMD) | |
Price: $890,000 low | high Med: $890,000 sqft: 3,684 low | high Med: 3,684 $ / sqft: $242 low | high Med: $242 On site: 105 low | high Med: 105 | |
| State | FL |
|---|---|
| County | Okeechobee |
| City | Okeechobee |
| Zip Code | 34974 |
| Area | 6220 SE County (OK) |
| Subarea | OKCB Okeechobee |
| Community Name | South Florida WMD |
| Listing VS Median (in South Florida WMD) | |
Price: $890,000 low | high Med: $890,000 sqft: 3,684 low | high Med: 3,684 $ / sqft: $242 low | high Med: $242 On site: 105 low | high Med: 105 | |