Rare multifamily portfolio opportunity in downtown Okeechobee featuring two masonry triplexes located on corner lots at the same intersection just south of the Park Street corridor. The portfolio consists of six matching 2-bedroom, 2-bathroom units totaling 5,760 SF on approximately 0.70 acres. Uniform floor plans and operational consistency create efficient management and leasing. Walkable to Flagler Park, Main Street, restaurants, and local amenities. Both buildings are turnkey, with roofs and HVAC systems replaced within the past 24–36 months. Current rents are approximately 12% below market, presenting a clear value-add opportunity through lease turnover and rent growth. Ideal for investors seeking in-place cash flow with strong upside potential in a growing market.
For sale
$1,160,000
810 SW 2nd St, Okeechobee, FL 34974
--beds
--baths
--sqft
Triplex
Built in 2004
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Masonry triplexesCorner lots
- 69 days |
- 119 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
William Mignucci 786-460-0889,
APEX Capital Realty LLC
Source: MIAMI,MLS#: A12034833
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Property
Parking
- Total spaces: 6
Features
- Stories: 1
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 31537350010020100060
- Zoning: Multi-fam 0800
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Other
- Roof: Other
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Okeechobee
HOA
- Has HOA: Yes
Location
- Region: Okeechobee
Financial & listing details
- Tax assessed value: $398,618
- Annual tax amount: $17,240
- Date on market: 6/10/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $1,160,000+71.9% |
Source: | ||
| 10/19/2024 | Listing removed | $675,000+110.9% |
Source: | ||
| 10/19/2023 | Listing removed | -- |
Source: | ||
| 10/20/2021 | Sold | $320,000-52.6% |
Source: Public Record Report a problem | ||
| 8/31/2021 | Pending sale | $675,000 |
Source: | ||
| 8/5/2021 | Listed for sale | $675,000+4118.8% |
Source: | ||
| 5/1/1997 | Sold | $16,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,006 +11.2% | $355,925 +11.3% |
| 2024 | $8,096 +5.7% | $319,863 +0.6% |
| 2023 | $7,659 +10% | $318,081 +20.3% |
| 2022 | $6,962 +16.1% | $264,350 +18.1% |
| 2021 | $5,997 +4.2% | $223,892 +5.2% |
| 2020 | $5,754 | $212,746 -0.6% |
| 2019 | $5,754 -1.9% | $213,969 +1.7% |
| 2018 | $5,864 | $210,400 +9.8% |
| 2017 | -- | $191,602 +5.3% |
| 2016 | $5,247 | $181,976 +6.3% |
| 2015 | $5,247 +2.7% | $171,155 +7.5% |
| 2014 | $5,108 | $159,227 +6.8% |
| 2013 | -- | $149,150 +2.2% |
| 2012 | -- | $145,893 -1.8% |
| 2011 | -- | $148,508 -8.4% |
| 2010 | -- | $162,085 -14.1% |
| 2009 | -- | $188,596 -19.5% |
| 2008 | -- | $234,351 -1% |
| 2007 | -- | $236,750 +14.5% |
| 2006 | -- | $206,760 +0.4% |
| 2005 | -- | $206,018 +490.7% |
| 2004 | -- | $34,875 +164.3% |
| 2003 | -- | $13,196 |
| 2002 | -- | $13,196 +15% |
| 2001 | -- | $11,475 -20.9% |
| 2000 | -- | $14,512 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 34974
Nearby schools
GreatSchools rating
- 2/10Central Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Osceola Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Okeechobee High SchoolGrades: 9-12Distance: 1.8 mi
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