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NextHome Treasure Coast
5806 US Highway 441, Okeechobee, FL 34974
- $540,000
- 6
- BD
- 3
- BA
- 3,410
- SqFt
- Sold Price
- $540,000
- List Price
- $568,000
- Days on Market
- 50
- Closing Date
- Dec 23, 2025
- MLS#
- F10528626
- Bedrooms
- 6
- Full Bathrooms
- 3
- Sq. Ft
- 3,410
- Subtype
- Single Family Residence
- County
- Okeechobee
- Subdivision
- Okeechobee
- Year Built
- 1997
Property Description
Excellent income-producing property with multi-family zoning and significant room for expansion! Currently generating $72,000/year in income with a NOI of $59,000, this property boasts a Cap Rate of over 10%—a rare find! The property includes a single-family home plus two additional separate rental buildings and RV spaces, all sitting on over an acre of waterfront land along the Taylor Creek Canal with direct access to Lake Okeechobee and the ocean. Recent upgrades include a new electric system, new well, and a 15-year silicone-coated roof for low-maintenance durability. Whether you're looking for a solid investment opportunity or a primary residence with income potential, this property checks all the boxes. Don’t miss out!
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Additional Information
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central
- Restrict
- NoRestrictions, OtherRestrictions
- Roof
- Other
- Taxes
- $6,877
- View
- Canal
- Amenities
- Boat Dock, Boat Facilities, Boating
- Waterfront
- Canal Access, Canal Front, Other
- Stories
- 1
- Price Per Sqft
- $158
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Listing courtesy of RE/MAX Select Group. Contact:
Selling Office: Illustrated Properties LLC (Co.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Hector Vidaurre | Email: hectorvida@remax.net