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810 SW 2nd Street

Okeechobee, FL 34974
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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.

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,160,000

AD Id : 82707989

MLS Id : A12034833

Year Built : 2004

County : Okeechobee

Subdivision: Okeechobee

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Feature Features

  • Interior Features

    Roof: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Other Has Cooling: Yes Cooling: Other

  • Building Information

    Year Built: 2004
    Construction Materials: Other
    Private Pool: No
    Association Fee Frequency: Annually

  • Listing Price Information

    Listing Price: $1160000
    Other

  • Tax Information

    Parcel Number: 31537350010020100060 Tax Year: 2025 Annual Tax: $17240 Tax Legal Desc: Lots 6,7,8 Block 201

  • Parking Information

    Parking Total: 6

    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
817 SE 9th Street, Okeechobee, FL, 34974 $418,500 4 2 1,392 1,392 SqFt
1020 4th Street, Okeechobee, FL, 34974 $425,000 4 2 1,482 1,482 SqFt
207 SE 6th Avenue, Okeechobee, FL, 34974 $890,000 6 6 --
1422 Us Highway 441, Okeechobee, FL, 34974 $1,299,998 32 32 3,600 3,600 SqFt

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ByOwner last updated this listing 06/11/2026 @ 17:17

MLS: A12034833 LISTED BY: William Mignucci, APEX Capital Realty LLC 305-570-2600 SOURCE: Beaches MLS

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