NOT LISTED FOR SALE

5806 US Highway 441 SE Okeechobee, FL 34974

6 Beds
3 Baths
3,021 Sq Ft
1.17 Acres Lot

Sale Details

Date Sold: December 23, 2025

Last sale price $540,000 $179 Per Sq Ft

60 Days on Market

About This Home

As of December 2025

Excellent income-producing property with multi-family zoning and significant room for expansion! Currently generating $72,000/year in income with a Net Operating Income (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!

Last Agent to Sell the Property

Hector Vidaurre

RE/MAX Premier Associates License #654358 Listed on: 09/24/2025

Last Buyer's Agent

Malena E.

Illustrated Properties LLC (Co License #604515

Illustrated Properties LLC (Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,877

Year Built

  • Built in 1997

Lot Details

  • 1.17 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R10638360A0000008A000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,877

Year Built

Built in 1997

Lot Details

1.17 Acres

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1997
  • Property Sub Type: Multi Family
  • Business Type: Warehouse Space
  • Horses: No
  • Lot Size Acres: 1.1709
  • New Construction: No
  • Structure Type: Mobile/Rv Parks, Office/Warehouse Combination, Store/Warehouse Combination, Warehouse, Multi Family
  • LastStatus: Pending
  • CurrentPrice: 540000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: R10638360A0000008A000
  • Lot Size Sq Ft: 51008

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6877
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2025 12/23/25 Sold $540,000 -6.6% $179 / Sq Ft
11/23/2025 11/23/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $578,000 -- $191 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,922 $400,449 $133,281 $267,168
2024 $6,877 $400,692 $133,281 $267,411
2023 $6,702 $389,175 $121,643 $267,532
2022 $4,838 $307,457 $91,983 $215,474
2021 $2,631 $191,365 $0 $0
2020 $2,567 $184,751 $0 $0
2019 $2,487 $179,232 $0 $0
2018 $2,323 $165,090 $0 $0
2017 $2,268 $161,694 $0 $0
2016 $2,280 $158,368 $0 $0
2015 $2,348 $157,267 $0 $0
2014 -- $156,019 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10528339

MIAMI REALTORS® MLS

APN: 1-06-38-36-0A00-00008-A000

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