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207 SE 6th Avenue

Okeechobee, FL 34974
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Bed 6

Bed

Bath 6

Bath

207 SE 6th Avenue is a rare four-unit multifamily investment opportunity offering a unique blend of downtown walkability and direct waterfront access in Okeechobee, Florida. Located just two blocks from Flagler Park and the restaurants, boutiques, and storefronts along Park Street, the property also benefits from close proximity to Taylor Creek and Lake Okeechobee, providing strong lifestyle appeal and long-term tenant demand. Built in 1988 on a 21,475 SF waterfront lot, the well-maintained 3,873 SF building features a metal roof replaced approximately five years ago, a ±1,000 SF waterfront deck overlooking the creek, and a 6’ x 30’ concrete seawall with potential for a future boat dock or slip. The property presents a compelling value-add opportunity, as the majority of units will be deli vered vacant, allowing a new owner to lease at current market rents and immediately improve operational performance. This creates a clear path toward NOI growth and increased stabilized asset value without significant renovation requirements or inherited tenant complications. With a highly desirable waterfront setting, walkable downtown location, and strong upside potential, 207 SE 6th Avenue represents a hard-to-find multifamily investment in a tightly held submarket.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $720,000

AD Id : 77886536

MLS Id : A12011391

Beds : 6

Tax Amount : 345563.00

Year Built : 1988

County : Okeechobee

Subdivision: City Of Okeechobee

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Feature Features

  • Interior Features

    Roof: Metal
  • Heating & Cooling

    Has Heating: Yes Heating: Other, SeparateMeters Has Cooling: Yes Cooling: CentralAir Water front: 1

  • Building Information

    Year Built: 1988
    Construction Materials: Other
    Frontage Length: 1000.00
    Private Pool: No
    Water front Features: Creek,Other
    Association Fee Frequency: Annually

  • Listing Price Information

    Listing Price: $720000
    Original Price: $989000
    Other

  • Tax Information

    Parcel Number: 321373500200252000I0 Tax Year: 2025 Annual Tax: $345563 Tax Legal Desc: City of Okeechobee lots | & J block 252

  • Homeowners Association Information

    Has Association: Yes

  • School Information

    Elementary School: Central Junior High School: Osceola Senior High School: Okeechobee
  • Utility Information

    CableNotAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1422 Us Highway 441, Okeechobee, FL, 34974 $1,299,900 32 32 3,600 --
810 SW 2nd Street, Okeechobee, FL, 34974 $1,160,000 -- -- -- --

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ByOwner last updated this listing 09/04/2026 @ 20:40

MLS: A12011391 LISTED BY: William Mignucci, APEX Capital Realty LLC 305-570-2600 SOURCE: Beaches MLS

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