1705 S Parrott Avenue, Okeechobee, FL 34974 — MLS photo

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1705 S Parrott Avenue, Okeechobee, FL 34974

Active · CommercialSale

$1,500,000

1705 S Parrott Avenue, Okeechobee, FL 34974

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1986
Lot size
40,511 sq ft
HOA fee
—
Annual tax
—

About this property

High traffic area right on S. Parrott Ave. in the City limits of Okeechobee. Fast growing commercial corrider! Situated on 1 acre, new roof in 2025, spray foam insulation and new drop ceiling. Former gas station and property has new gas tanks in the ground.

Property location

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1705 S Parrott Avenue, Okeechobee, FL 34974

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
CommercialSale
Year built
1986
Lot size
40,511 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Okeechobee
MLS listing ID
B26036528
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

-$2,936

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$7,111/mo
Down payment
$375,000
Loan amount
$1,125,000
Annual NOI
$50,100

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