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Triplex With Impact Windows
For Sale
$750,000

501 NE 3RD Avenue, Okeechobee, FL 34972

All three apartments have two bedrooms and two bathrooms, with stacking washers and dryers.

Property Size2,966 SF
Price / SF$252.87
Days on Market37

Property Features for 501 NE 3RD Avenue

General Information

Standard status Active
Size 2,966 SF
Total Parking Spaces 6
Property subtype Triplex
Occupancy 100%

Units

Unit Mix 3 x 2BR/2BA
Multifamily Units 3

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Amenities

impact windows
quartz countertops
wood cabinets
SS appliances
WP flooring
window treatments
stacking W/D
large closets

Building Details

Year Built 2023
Construction CBS Construction
Listing Agency: Mixon Real Estate Group
Listed By: Lori Mixon · License #3034239
Source: Okklarealty
Added: Sep 27 Changed: Nov 1 Last Checked: Nov 1 at 3:11PM

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 Mixon Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

Completed in 2023, this triplex contains three two-bedroom, two-bathroom apartments. The building has CBS construction and impact-rated windows designed for wind loads up to 180 mph. Apartment finishes include quartz countertops, wood cabinetry, stainless steel appliances, wood-plank flooring, and window treatments; each unit also has large closets and a stacking washer and dryer.

The property is fully rented and served by public water, with a private lift station connected to the sewer system. A concrete parking area provides six spaces.

Key Highlights

  • Three apartments, each with 2 bedrooms and 2 bathrooms
  • Built in 2023 with CBS construction
  • Impact windows rated for 180 mph wind loads

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

874
Businesses Nearby

Demographics for 34972, FL

19,514
Population
7,004
Households
2.8
Avg Household Size
37
Median Age
15%
College-Educated
77%
High-School Grad
854.4 sq mi
ZIP Area
23
Density / Sq Mi
$53,902
Median Household Income
$33,612
Median Earnings
$994
Median Rent
$193,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - All three apartments have two bedrooms and two bathrooms, with stacking washers and dryers.
Where is this triplex located?
The property is located at 501 NE 3RD Avenue Okeechobee, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and 2 bathrooms; Built in 2023 with CBS construction; Impact windows rated for 180 mph wind loads
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