7555 710 HIGHWAY, Okeechobee, FL 34974
7555 710 HIGHWAY, Okeechobee, FL 34974
7555 710 HIGHWAY, Okeechobee, FL 34974
7555 710 HIGHWAY, Okeechobee, FL 34974
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$ 2,750,000
Est. payment | /mo

22,460 SqFt


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$ 2,750,000
Est. payment | /mo
Save

22,460 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 22,460 sqft

Price per Sqft $122

MLS Listing ID OK220130

HOA Y/N No

Total Fin. Sqft 22460

Year Built 1960

Annual Tax Amount $18,744

Tax Year 2020

Lot Size 7.700 Acres

Acres 7.7

Property Sub-Type Multi-Family

Property Description

Commercial Multi-family 7.7+/- Acres on Highway 710 6.5 miles south of Okeechobee. The property consists of (15) 3Bed/1Ba Single Family Homes, ( 1) 5 Bed/2Bath home and a large storage building. Buildings are CBS, all new stucco, new roofs, new or updated plumbing and electric, new tile floors and new appliances. Currently, the property is leased to one Lessee who pays $257,000 per year and does all the maintenance. The Net Income is $229,256 per year. The rent has not been raised in 5 years. The property is zoned multifamily with FLU industrial. The current Lessee would like to renew.

Location

State FL

County Okeechobee

Area 34974 - Okeechobee

Zoning MULTI-FAMI

Interior

Cooling None

Flooring Tile

Exterior

Roof Type Metal,Shingle

Building

Story 1

Foundation Slab

Lot Size Range 5 to less than 10

Sewer Private Sewer

Water Well

Structure Type Block

New Construction No

Others

Tax ID 01-32-37-36-0A00-00001-0000

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Disclosures Lead Paint

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by KATIE MCFARLAND LLC

Nearby Locations

Hawkins-Poe Realtors
Hawkins-Poe Realtors

License ID: 9531

+1(253) 820-9000 | info@hawkinspoe.com

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7555 710 HIGHWAY