Listing Summary
Waterfront Multifamily Property for Sale in Okeechobee, FL | Value-Add Investment
Full Description
Description: Apex Capital Realty is pleased to present 207 SE 6th Avenue, Okeechobee, FL 34974—a rare four-unit multifamily investment offering an exceptional combination of downtown walkability and direct waterfront access on Taylor Creek.
Built in 1988 on an expansive 21,475 SF waterfront lot, this well-maintained 3,873 SF building is a prime Florida real estate investment located just two blocks from Flagler Park and the bustling Park Street retail corridor.
Property & Investment Highlights:
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Prime Waterfront Location: Features a ±1,000 SF deck overlooking Taylor Creek and a 6’ x 30’ concrete seawall with excellent potential for a future boat dock or slip.
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Immediate Value-Add Path: The majority of units are delivered vacant, allowing a new owner to execute immediate lease-up at current market rents, driving NOI growth with zero rehab risk.
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Excellent Asset Condition: Features a durable metal roof (replaced just 5 years ago) and a highly stable, well-maintained structure.
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Unmatched Walkability: Minutes away from downtown Okeechobee's top restaurants, boutique shops, and storefronts.
Secure this hard-to-replicate Okeechobee quadplex for sale in a tightly held South Florida submarket. Contact Apex Capital Realty today for financial details.
Quick Glance
- Listing ID:
CL-Florida-27826
- Status:
Active
- Year Build:
1988
- Building Size:
3,873 SqFt
- Lot Size:
0 Acr