4037 SE 27th Street, Okeechobee, FL 34974 — MLS photo

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4037 SE 27th Street, Okeechobee, FL 34974

Active · SingleFamilyResidence

$150,000

4037 SE 27th Street, Okeechobee, FL 34974

Beds
3
Baths
2
Living area
1,927 sq ft
$ / sq ft
$78/sq ft
Year built
1967
Lot size
—
HOA fee
—
Annual tax
$1,379

About this property

This home is getting upgrades - new metal roof 09/02/2026, and updated electric 09/01/2026. It has been completely remodeled, offering accessible waterfront living on Lake Okeechobee. This move-in-ready home features handicap accessibility with a front ramp and a wheelchair lift off the back patio. Enjoy outdoor living with a spacious patio, outdoor kitchen, and private dock providing direct access to Lake Okeechobee—perfect for boating, fishing, and relaxing by the water, or swimming in your pool. Modern updates throughout make this an ideal full-time residence, seasonal getaway, or investment opportunity. Rare chance to own an accessible, remodeled lakefront property. Schedule your showing today. AC installed 2023, Deck & pool also installed in 2023

Property location

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4037 SE 27th Street, Okeechobee, FL 34974

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,927 sq ft
Flooring
Hardwood, Wood
Appliances
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1967
Roof
Metal
Construction
Aluminum Siding, Frame, Stucco
Exterior features
Barbecue, Enclosed Porch, Shed
Pool
Above Ground, Pool, Private
Waterfront
Canal Access, Canal Front, Intersecting Canal, Lake Privileges, Seawall
View
Canal, Other, Pool, Water

Parking

Covered spaces
1
Parking features
Driveway, Guest, Parking Pad, Two Or More Spaces

HOA, Community & Financials

Amenities
Boat Dock, Pool
Pets allowed
No
Annual tax
$1,379
Subdivision
Treasure Island
County
Okeechobee
Days on market
283
MLS listing ID
F10543427
Listing status
Active

Investment intelligence

Yield & ROI calculator

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

Estimated monthly cash flow

$2,567

Cap rate
26.2%
Net yield
26.2%
Cash-on-cash return
73.3%
Gross yield
31.0%
Mortgage payment
$711/mo
Down payment
$37,500
Loan amount
$112,500
Annual NOI
$39,336

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