8840 Hwy Okeechobee, FL 34974
This exceptional 1.7-acre mixed-use property in Okeechobee County, Florida, presents a compelling investment opportunity. Strategically located on Highway 78, the property boasts over 405 feet of road frontage, providing excellent visibility and accessibility. Its prime location is less than a mile from the planned Bass Pro Resort and the Kissimmee River boat launch, placing it within a rapidly developing resort corridor. The property includes an existing 2240 square-foot concrete block residence and a 1220 square-foot metal building suitable for workshop or storage use. This versatile property offers unlimited potential for various commercial and residential ventures, making it an ideal investment for those seeking high-growth opportunities in a desirable location. The asking price is $399,500, reflecting a strong value proposition in this thriving market. The property's address is 8840 Hwy 78, Okeechobee, FL 34974. Its proximity to key attractions and its existing structures make it a turnkey opportunity for immediate development or rental income generation. Don't miss this chance to acquire a significant piece of real estate in a rapidly expanding area. The property is easily shown and ready for a new owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.