Interior
- Bathrooms
- 0
Active · MixedUse
$1,800,000
1100 S Parrott Avenue, Okeechobee, FL 34974
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1984
- Lot size
- 43,560 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Commercial restaurant building situated on 1 acre within city limits, currently operating as a restaurant. Sale does not include the business. The building is in excellent condition, featuring a new metal roof and new A/C units. Prime location on a busy highway offering high visibility and traffic.
Property location
Get Directions1100 S Parrott Avenue, Okeechobee, FL 34974
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Facts & features
Exterior & Structure
- Property type
- MixedUse
- Year built
- 1984
- Lot size
- 43,560 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Okeechobee
- MLS listing ID
- B26007882
- 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
-$3,523
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $8,533/mo
- Down payment
- $450,000
- Loan amount
- $1,350,000
- Annual NOI
- $60,120
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.