H
Seller's Agent in 2025
Hector Vidaurre
RE/MAX
5806 US Highway 441 SE Okeechobee, FL 34974
Okeechobee Area
6
Beds
3
Baths
3,021
Sq Ft
1.17
Acre Lot
About This Home
As of December 2025Excellent 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
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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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 17, 2026
Sold by
Bought by
Purchase Details
Listed on
Sep 24, 2025
Closed on
Dec 8, 2025
Sold by
Bought by
Seller's Agent
Hector Vidaurre
RE/MAX Premier Associates
Buyer's Agent
Malena E.
Illustrated Properties LLC (Co
List Price
$578,000
Sold Price
$540,000
Premium/Discount to List
-$38,000
-6.57%
Views
50
Purchase Details
Closed on
Jan 31, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 1998
Sold by
Bought by
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $100 | None Listed On Document | ||
| $540,000 | Weston Title & Escrow Inc | ||
| $305,000 | Fee And Fee Pllc | ||
| $210,000 | -- | ||
| $186,900 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $20,000 | ||
| Closed | $244,000 | ||
| Previous Owner | $105,000 | ||
| Previous Owner | $125,000 | ||
| Previous Owner | $40,000 |
Source: Public Records
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
-
-
Malena E.
M
Buyer's Agent in 2025
Malena E.
Illustrated Properties LLC (Co
(561) 254-1476
37 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: F10528339
APN: 1-06-38-36-0A00-00008-A000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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