2130 State Road 70, Okeechobee, FL 34972 — MLS photo

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2130 State Road 70, Okeechobee, FL 34972

Active · CommercialSale

$400,000

2130 State Road 70, Okeechobee, FL 34972

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1996
Lot size
19,340 sq ft
HOA fee
—
Annual tax
—

About this property

This unique grandfathered-in residential property offers a versatile investment opportunity right on HWY 70. This property provides endless possibilities, whether you're seeking office space, commercial ventures, or keeping it residential. The property features a three-bedroom, two-bathroom home that offers ample space for customization to suit your needs. Its prime location ensures high visibility, with a traffic count of 25,000 trips per day, making it an excellent choice for a business or professional office. Situated in a bustling area close to local businesses and amenities, this property combines convenience and opportunity. Whether you’re looking to expand your business or enjoy the benefits of a centrally located residential space, this is a rare find that won’t last long.

Property location

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2130 State Road 70, Okeechobee, FL 34972

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
CommercialSale
Year built
1996
Lot size
19,340 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Okeechobee
MLS listing ID
F10482242
Listing status
Active

Investment intelligence

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$783

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$1,896/mo
Down payment
$100,000
Loan amount
$300,000
Annual NOI
$13,360

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.