Okeechobee, FL 34974
Property Type
Quadruplex
Central AC
Yes
Year Built
1988
Home Style
Fourplex
Listing courtesy of William Mignucci of APEX Capital Realty LLC.
207 SE 6th Avenue is a rare four-unit multifamily investment opportunity offering a unique blend of downtown walkability and direct waterfront access in Okeechobee, Florida. Located just two blocks from Flagler Park and the restaurants, boutiques, and storefronts along Park Street, the property also benefits from close proximity to Taylor Creek and Lake Okeechobee, providing strong lifestyle appeal and long-term tenant demand. Built in 1988 on a 21,475 SF waterfront lot, the well-maintained 3,873 SF building features a metal roof replaced approximately five years ago, a ±1,000 SF waterfront deck overlooking the creek, and a 6’ x 30’ concrete seawall with potential for a future boat dock or slip. The property presents a compelling value-add opportunity, as the majority of units will be delivered vacant, allowing a new owner to lease at current market rents and immediately improve operational performance. This creates a clear path toward NOI growth and increased stabilized asset value without significant renovation requirements or inherited tenant complications. With a highly desirable waterfront setting, walkable downtown location, and strong upside potential, 207 SE 6th Avenue represents a hard-to-find multifamily investment in a tightly held submarket.
Okeechobee
A12011391
Quadruplex
1988
Creek
Yes
Fourplex
Other
2
Two
1988
City
florida
Waterfront
Yes - Central Air
Other
Yes - Other
Total$5,184.41/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Information is deemed reliable but is not guaranteed and should be independently verified.