810 SW 2nd St Okeechobee, FL 34974
Okeechobee AreaEstimated payment $7,813/month
Highlights
- Cooling Available
- Heating Available
- 1-Story Property
About This Home
Rare multifamily portfolio opportunity in downtown Okeechobee featuring two masonry triplexes located on corner lots at the same intersection just south of the Park Street corridor. The portfolio consists of six matching 2-bedroom, 2-bathroom units totaling 5,760 SF on approximately 0.70 acres. Uniform floor plans and operational consistency create efficient management and leasing. Walkable to Flagler Park, Main Street, restaurants, and local amenities. Both buildings are turnkey, with roofs and HVAC systems replaced within the past 24–36 months. Current rents are approximately 12% below market, presenting a clear value-add opportunity through lease turnover and rent growth. Ideal for investors seeking in-place cash flow with strong upside potential in a growing market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,240
Year Built
- Built in 2004
Parking
- 6 Parking Spaces
Home Design
- Triplex
Interior Spaces
- 1-Story Property
Utilities
- Cooling Available
- Heating Available
Community Details
- Property has a Home Owners Association
- Okeechobee Condos
- Okeechobee Subdivision
Listing and Financial Details
- Assessor Parcel Number 3-15-37-35-0010-02010-0060
Map
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 | $9,006 | $398,618 | $53,720 | $344,898 |
| 2024 | $8,096 | $321,909 | $39,732 | $282,177 |
| 2023 | $7,659 | $318,081 | $38,232 | $279,849 |
| 2022 | $6,962 | $264,350 | $27,732 | $236,618 |
| 2021 | $5,997 | $223,892 | $49,688 | $174,204 |
| 2020 | $5,754 | $212,746 | $49,688 | $163,058 |
| 2019 | $5,802 | $213,969 | $47,377 | $166,592 |
| 2018 | $5,864 | $210,400 | $47,377 | $163,023 |
| 2017 | $5,377 | $191,602 | $0 | $0 |
| 2016 | $5,247 | $181,976 | $0 | $0 |
| 2015 | $5,108 | $171,155 | $0 | $0 |
| 2014 | -- | $159,227 | $0 | $0 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/10/2026 06/10/26 | For Sale | $1,160,000 | +81.3% | -- | |
| 10/18/2021 10/18/21 | Sold | $640,000 | -5.2% | $222 / Sq Ft | View Prior Sale |
| 08/27/2021 08/27/21 | Pending | -- | -- | -- | |
| 08/02/2021 08/02/21 | For Sale | $675,000 | -- | $234 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | Lake Okeechobee Title | |
| Warranty Deed | $364,000 | Clear Title & Legal Services | |
| Warranty Deed | $16,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $224,000 | New Conventional | |
| Previous Owner | $214,000 | Purchase Money Mortgage |
Source: MIAMI REALTORS® MLS
MLS Number: A12034833
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