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Nursery with Income Properties
For Sale
$399,000

3321 38th Ave, Okeechobee, FL 34974

Nursery with three rental income properties near Lake Okeechobee.

Property SizeContact for details
Lot Size1.34 Acres
Days on Market155

Property Features for 3321 38th Ave

General Information

Standard status Active
Lot size 1.34 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,800

Building Details

Units 3
Listing Agency: FLORIDA HOMES REALTY & MORTGAGE
Listed By: Priscilla Gonzalez · License #B26057567
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:42AM

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 FLORIDA HOMES REALTY & MORTGAGE

Investment Insights

Based on property information with market context.

This 1.34-acre property features a nursery and three rental income properties, located approximately one mile from Lake Okeechobee. The nursery includes mature fruit trees, a variety of mature palm trees, and various plants and shrubs. The rental properties consist of one doublewide with a screen room, one singlewide with a porch, and a park model with a porch. Two of the units have central air conditioning and heating, while the park model has a window unit. The metal roofs are approximately 4 years old. The property is fenced and has city water and two private septic systems. This property offers the opportunity to run a business, live on site, and generate rental income. Alternatively, the nursery inventory could be sold to focus solely on rental income.

Key Highlights

  • Rental income potential from 3 existing units.
  • Nursery business opportunity with mature fruit trees, palm trees, and various plants.
  • Seller financing available.

Property Analytics

Current Use

Nursery and garden centers

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Building Supply Pharmacy Big Box & Wholesale Store

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

110
Businesses Nearby
Balanced
Demand for This Use

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Similar Off Market Nearby

  • ASAP Wildlife Removal Okeechobee 3237 SE 23rd St, Okeechobee, FL 34974
  • Nunez Lawn Care & Landscaping Inc 3650 SE 36th Ave, Okeechobee, FL 34974

Frequently Asked Questions

What type of property is this?
Nursery and garden center - Nursery with three rental income properties near Lake Okeechobee.
Where is this nursery and garden center located?
The property is located at 3321 38th Ave Okeechobee, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Rental income potential from 3 existing units.; Nursery business opportunity with mature fruit trees, palm trees, and various plants.; Seller financing available.
More about this property
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