5271 US HWY 441 SE, Okeechobee, FL 34974 — MLS photo

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5271 US HWY 441 SE, Okeechobee, FL 34974

Active · SingleFamilyResidence

$1,500,000

5271 US HWY 441 SE, Okeechobee, FL 34974

Beds
3
Baths
2
Living area
2,171 sq ft
$ / sq ft
$691/sq ft
Year built
2016
Lot size
53,753 sq ft
HOA fee
—
Annual tax
—

About this property

Flexible Live/Work Property with Exceptional Storage & Workshop Potential. Rare opportunity to own a unique 3 bed / 2 bath barndominium-style property on 1.23+ acres near Lake Okeechobee. The approximately 3,000 sq ft residence features spacious living areas, large kitchen with island, oversized primary suite with private bath and walk-in closet, two additional large bedrooms, laundry area, and garage space. The property also includes an impressive approximately 8,000 sq ft warehouse/barn structure ideal for RV and boat storage, car collections, workshop space, equipment storage, hobby use, home business operations, or additional flex space. Extensive concrete-paved parking and yard areas provide exceptional functionality and easy access for trailers, recreational vehicles, and equipment. Seller willing to remove all inventory, equipment, and personal property prior to closing. Separate listing available for items in larger building.

Property location

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5271 US HWY 441 SE, Okeechobee, FL 34974

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
2,171 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2016
Lot size
53,753 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Okeechobee
MLS listing ID
A11964159
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

-$3,131

Cap rate
3.2%
Net yield
3.2%
Cash-on-cash return
-8.9%
Gross yield
6.4%
Mortgage payment
$7,111/mo
Down payment
$375,000
Loan amount
$1,125,000
Annual NOI
$47,756

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