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Four-Unit Mixed-Use Building
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2850 SW 3rd Terrace, Okeechobee, FL 34974

Separate entrances and utility meters support flexible occupancy across the commercial building.

Property Size4,685 SF
Price / SF$144.08
Days on Market15

Property Features for 2850 SW 3rd Terrace

General Information

Standard status Active
Size 4,685 SF
Total Parking Spaces 14
Property subtype Retail, Industrial, Mixed Use
Zoning Commercial Corridor Mixed Use
Lease Type Gross
Investment Type Owner/User

Building Details

Buildings 1
Units 4
Listing Agency: Bray Realty Advisors
Listed By: Ademil Castrillo · License #FL 3491033
Source: Crexi
Added: Aug 19 Changed: Aug 31 Last Checked: Sep 1 at 9:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bray Realty Advisors

Investment Insights

Based on property information with market context.

This well-maintained mixed-use property contains a four-unit commercial building totaling 4,685 square feet. Each unit has its own entrance and utility meter, allowing the spaces to function independently within the same property. The configuration can accommodate an owner using some or all of the building while leasing other units.

The property is positioned near US Highway 441/98 and SW 32nd Street in Okeechobee, providing access to established transportation routes. Commercial Corridor Mixed Use zoning supports retail, office, service, and other commercial uses identified for the property.

Key Highlights

  • Four‑unit commercial building totaling 4,685 square feet
  • Separate entrance for each unit
  • Individual utility meter serving each unit

Property Analytics

Current Use

ATM Atm

Suggested Use

Top Pick Real Estate Agency HVAC Service Grocery & Convenience Store Storage Facility Building Supply Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby
268k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 25% Superstores 24% Shops & Services 17% Apparel 14%
Walmart Superstores
64,521 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
32,760 visits/mo 0.2 miles
Tractor Supply Co. Home Improvements & Furnishings
28,807 visits/mo 0.4 miles
Winn-Dixie Groceries
20,539 visits/mo 0.4 miles
Murphy USA Shops & Services
15,503 visits/mo 0.3 miles

Demographics for 34974, FL

23,699
Population
13,850
Households
1.7
Avg Household Size
50
Median Age
16%
College-Educated
83%
High-School Grad
376.7 sq mi
ZIP Area
63
Density / Sq Mi
$50,671
Median Household Income
$36,000
Median Earnings
$958
Median Rent
$162,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate entrances and utility meters support flexible occupancy across the commercial building.
Where is this mixed-use property located?
The property is located at 2850 SW 3rd Terrace Okeechobee, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Four‑unit commercial building totaling 4,685 square feet; Separate entrance for each unit; Individual utility meter serving each unit
(561) 510-2225 Call to check price and availability
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