207 SE 6th Avenue, Okeechobee, FL 34974
- $720,000
- List Price
- $720,000
- Status
- ACTIVE
- Days on Market
- 8
- MLS#
- A12087634
- Subtype
- Residential Income
- Year Built
- 1988
- Subdivision
- City Of Okeechobee
- Neighborhood
- Other
- MLS Area Major
- 6220 - SE County (OK)
Property Description
207 SE 6th Avenue is a rare four-unit multifamily investment opportunity offering a unique blend of downtown walkability and direct waterfront access in Okeechobee, Florida. Located just two blocks from Flagler Park and the restaurants, boutiques, and storefronts along Park Street, the property also benefits from close proximity to Taylor Creek and Lake Okeechobee, providing strong lifestyle appeal and long-term tenant demand. Built in 1988 on a 21,475 SF waterfront lot, the well-maintained 3,873 SF building features a metal roof replaced approximately five years ago, a ±1,000 SF waterfront deck overlooking the creek, and a 6’ x 30’ concrete seawall with potential for a future boat dock or slip. The property presents a compelling value-add opportunity, as the majority of units will be delivered vacant, allowing a new owner to lease at current market rents and immediately improve operational performance. This creates a clear path toward NOI growth and increased stabilized asset value without significant renovation requirements or inherited tenant complications. With a highly desirable waterfront setting, walkable downtown location, and strong upside potential, 207 SE 6th Avenue represents a hard-to-find multifamily investment in a tightly held submarket.
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Additional Information
- Taxes
- $8,854
- HOA Freqency
- Annually
- Flooring
- Other
- Heating
- Other, Separate Meters
- Air Conditioning
- Central Air
- Exterior Construction
- Other
- Stories
- 2
- Roof
- Metal
- Elementary School
- Central
- Middle School
- Osceola
- High School
- Okeechobee
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Listing courtesy of APEX Capital Realty LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: William Mignucci | Email: wjmignucci@icloud.com