207 6TH Avenue ,Other, Quadruplex, City Of Okeechobee for Sale

207 6TH Avenue for Sale

Price $989,000.00

• Lot size 0
• Year Build 1988
• Waterfront Creek
• Zip 34974
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

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.

City of Okeechobee lots | & J block 252

Less Than 1/4 Acre Lot

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.

City:Okeechobee,Zoning:City,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:27.2415414,Cooling Y N:1,Heating Y N:1,List Price:989000,Listing Id:A12011391,Longitude:-80.8239053,Mls Status:Active,Year Built:1988,Inclusions:Other,Postal Code:34974,Street Name:6TH Avenue,Coordinates:1:27.2415414,Photos Count:29,Building Name:City of Okeechobee,Days On Market:1,Lot Size Units:Square Feet,M I A M I R E_ Area:6210 NE Okeechobee County,M L S Area Major:City Of Okeechobee,On Market Date:2026-05-01,Parcel Number:3-21-37-35-0020-02520-00I0,Property Type:Residential Income,Stories Total:2,Street Number:207,Waterfront Y N:1,Association Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Okeechobee County,Expiration Date:2026-09-10,Frontage Length:1000,List Office Name:APEX Capital Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SE,Subdivision Name:City of Okeechobee,Tax Annual Amount:345563,Unparsed Address:207 SE 6TH Avenue, Okeechobee FL 34974,Listing Agreement:Exclusive Agency,Year Built Details:Unknown,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Original List Price:989000,Public Survey Range:21,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2026-05-01,Originating System I D:miamire,Public Survey Section:37,Showing Instructions:Call Listing Agent,Street Number Numeric:207,Tax Legal Description:City of Okeechobee lots | & J block 252,M I A M I R E_ Current Price:989000,Public Survey Township:21,M I A M I R E_ Municipal Code:3,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Geographic Area:Other Geographic Area (Out Of Area Only),Association Fee Frequency:Annually,M I A M I R E_ Internet Remarks:Waterfront 4-unit multifamily near downtown Okeechobee with value-add upside, vacant units, seawall, and walkable location.,M I A M I R E_ Parcel Number M L X:0252,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$27.241541$-80.823905$109.40$13.33$1.00$o2kpKF_38T9nIkEa4LwWPg,M I A M I R E_ Supplement Count:1,Contract Status Change Date:2026-05-01,Internet Address Display Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:20,M I A M I R E_ Agent Alternate Phone:215-783-0638,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:207 SE 6TH Avenue,