Commercial property in Okeechobee, Florida № 2253366

Property description

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.