207 Se 6th Avenue, Okeechobee, FL

$890,000

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About 207 Se 6th Avenue

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.

Features of 207 Se 6th Avenue

MLS® # A12011391
USD $890,000
CAD $1,239,200
CNY 元5,983,292
EUR €769,376
GBP £659,609
RUB ₽76,856,662
Bathrooms 0.00
Year Built 1988
Type Income
Sub-Type Quadruplex
Style Fourplex
Status Active

Community Information

Address 207 Se 6th Avenue
Area 6210 NE Okeechobee County
Subdivision City of Okeechobee
City Okeechobee
County Okeechobee
State FL
Zip Code 34974

Amenities

Utilities Cable Not Available
Is Waterfront Yes
Waterfront Creek
Has Pool No

Interior

Interior Other
Heating Other
Cooling Central Air
Fireplace No
# of Stories 2
Stories Two

Exterior

Roof Metal
Construction Other

Listing Details

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