207 SE 6TH Avenue, Okeechobee, FL 34974
207 SE 6TH Avenue, Okeechobee, FL 34974
207 SE 6TH Avenue, Okeechobee, FL 34974
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$989,000
Est. payment /mo

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision City Of Okeechobee

MLS Listing ID A12011391

Style Fourplex

HOA Y/N Yes

Year Built 1988

Annual Tax Amount $345,563

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

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 delivered 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.

Location

State FL

County Okeechobee

Community City Of Okeechobee

Area 6210 Ne Okeechobee County

Interior

Heating Other

Cooling Central Air

Flooring Other

Exterior

Pool None

Utilities Available Cable Not Available

Waterfront Description Creek

Roof Type Metal

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Other

Others

Tax ID 3-21-37-35-0020-02520-00I0

Acceptable Financing Other

Listing Terms Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12011391


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by APEX Capital Realty LLC

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William Gartin

William Gartin

+1(305) 842-6097

Agent | License ID: 3422133

Agent License ID: 3422133

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