Unique waterfront opportunity in Okeechobee! This beautifully updated single-story multi-family property offers 5 bedrooms, 4.5 bathrooms, and 3,684 sq. ft. of living space situated on a spacious double lot with endless possibilities for future expansion or additional income.The property features two separate residences. The front home offers 2 bedrooms and 1 bathroom and is currently leased for $1,900 per month, providing immediate rental income. The rear home features 3 bedrooms and 3 full bathrooms and is successfully operated as a short-term rental, generating approximately $5,000 to $7,000 per month. Tastefully renovated with a modern kitchen, durable laminate flooring throughout, and contemporary finishes, this property is truly move-in and investment ready. Outside, enjoy a 4-car garage, a boat shed, and a private dock accommodating approximately four boats, making it ideal for boating enthusiasts and waterfront living. Whether you're looking for a primary residence with rental income, a multi-generational property, or a high-performing investment, this unique offering checks every box. The expansive double lot provides room for future development (subject to zoning and approvals), adding even more long-term value. End each day with breathtaking Okeechobee sunsets from your own backyard. A rare opportunity to own a versatile waterfront property with multiple income streams and incredible growth potential. NO HOA! Schedule your private showing today!
Property Details
- Interior
- Cooking Island, Pantry, Walk-In Closet(s), Storage, Utility/Laundry In Garage
- Cooling
- 1
- Heating
- Central, Electric
- Cooling Features
- Central Air, Electric
- Bedrooms
- 5
- Bathrooms
- 4.5
- Full Baths
- 4
- Half Baths
- 1
- View
- Lake,Water,Lake View
- Lot Features
- 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre, Oversized Lot, Septic
- Stories
- 1
- Lot Description
- 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre, Oversized Lot, Septic
- Exterior Features
- Fruit Trees, Room For Pool
- Exterior Materials
- Fruit Trees, Room For Pool
- Acres
- 0.991
- Square Feet
- 3684
- Lot Size (sqft)
- 43168.0
- Parking Features
- 2 Or More Spaces, Awning, Covered, Driveway, Parking Garage
- Parking
- 1
- Parking Spaces
- 13
- Parking Type
- Driveway
- Parking Garage Spaces
- 4
- Parking Carport Spaces
- 2
- Property Type
- Purchase
- Style
- One Story, Modern/Contemporary
- Year Built
- 1988
- Roof
- Aluminum
- Sewer Information
- Septic Tank
- Utility Source
- Well
- Utility Features
- Cable Connected, Electricity Connected, Septic, Cable Available, Electricity Available
- Appliances
- Electric Water Heater, Dishwasher, Dryer, Microwave, Water Purifier, Electric Range, Refrigerator, Washer, Water Softener Owned
- Subdivision
- South Florida WMD
- Community Features
- Paved Road
- Elementary School
- Everglades
- Middle School
- Osceola Creek
- High School
- Okeechobee
- County
- Okeechobee County
- Region
- Okeechobee
- Zoning
- 30 - County
- Original List Price
- $890,000
- Taxes Annual
- $9,595
Location
Legal
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Provided By
Listed by Hiliany Esther Munguia (#FLL3264711)
Listing Office: Clients 1st Realty, Inc (#FLL279594664)
