5806 US Highway 441, Okeechobee

Excellent income-producing property with multi-family zoning and significant room for expansion! Currently generating 72,000/year in income with a NOI of 59,000, this property boasts a Cap Rate of over 10%a rare find! The property includes a single-family home plus two additional separate rental buildings and RV spaces, all sitting on over an acre of waterfront land along the Taylor Creek Canal with direct access to Lake Okeechobee and the ocean. Recent upgrades include a new electric system, new well, and a 15-year silicone-coated roof for low-maintenance durability. Whether youre looking for a solid investment opportunity or a primary residence with income potential, this property checks all the boxes. Dont miss out!