Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    204 7th Ave Okeechobee, FL 34974-4281

    • Strip malls
    • 7,360 SF
    • 2.05 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US18-4687338
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Evie's More than Hair / Beauty Salon / Hair Salon
    • Ferrellgas / Propane Supplier / Industrial Gas Supplier
    • Mable’s Place Southern Cooking / Restaurant

    Property Details for 204 7th Ave

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.05 lot acres
    Property size
    7,360 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    2-21-37-35-0A00-00001-A000
    APU
    22137350A0000001A000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $435,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $455,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $495,000
      Mixed-Use
      $410,000
      Hospitality
      $470,000
      Educational
      $415,000
      Residential Income
      $445,000
      Energy
      $520,000
      Income-Based Land
      $525,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Okeechobee
    County
    Okeechobee
    State
    Florida
    Longitude
    -80.8374
    Latitude
    27.2415
    CBSA code
    36380
    CBSA name
    OKEECHOBEE, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,445
    $312,336
    $376,497
    $688,833
    -
    $312,336
    $376,497
    $688,833

    Comparable in this City

    • Value Estimation by Request
      7,939 SF

      2303 Us Hwy 441st SE

      SHOPPING CENTER, STRIP CENTER • 7,939 SF
      2303 Us Hwy 441st SE, Okeechobee, FL 34974
      View Details
    • Value Estimation
      $390,000
      990 SF

      1132 Parrott Ave

      SHOPPING CENTER, STRIP CENTER • 990 SF
      1132 Parrott Ave, Okeechobee, FL 34974-5270
      View Details
    • Value Estimation
      $385,000
      810 SF

      1128 Parrott Ave

      SHOPPING CENTER, STRIP CENTER • 810 SF
      1128 Parrott Ave, Okeechobee, FL 34974-5270
      View Details
    • Value Estimation
      $310,000
      12,611 SF

      107 17th St

      SHOPPING CENTER, STRIP CENTER • 12,611 SF
      107 17th St, Okeechobee, FL 34974-6110
      View Details
    • Value Estimation
      $385,000
      6,696 SF

      8675 Us Hwy 441st SE

      SHOPPING CENTER, STRIP CENTER • 6,696 SF
      8675 Us Hwy 441st SE, Okeechobee, FL 34974-1497
      View Details
    • Value Estimation by Request
      4,920 SF

      3375 Us Hwy 441st S

      SHOPPING CENTER, STRIP CENTER • 4,920 SF
      3375 Us Hwy 441st S, Okeechobee, FL 34974-6249
      View Details

    Similar Nearby for Sale

    • $1,795,000

      Fully Leased Commercial Plaza

      17,640 sq ft commercial plaza on 1.291 acres.
      2821 SW 3Rd Ter, Okeechobee, FL 34974
      View Details
    • $1,400,000
      3,880 SF

      Okeechobee Commercial Building with Business

      Profitable dry-cleaning business and commercial building in high-traffic area.
      Okeechobee, FL 34974
      View Details
    • $1,150,000

      Okeechobee Flower Shop Business

      Profitable Florist, Turnkey Operation
      201 5Th Ave, Okeechobee, FL 34974
      View Details
    • $1,290,000

      Okeechobee Warehouse and Retail Space

      Warehouse and retail space with room for expansion and storage.
      3606 Hwy 441 SE, Okeechobee, FL 34974
      View Details
    • $1,600,000

      Restaurant and Sports Bar Opportunity

      Operating restaurant and sports bar with licenses for alcohol sales.
      4825 S Hwy S, Okeechobee, FL 34974
      View Details
    • $2,499,900

      Corner Commercial Lot and Building

      Corner commercial property with ample parking and high visibility.
      102 SW 14Th St, Okeechobee, FL 34974
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Northlake Village Retail Space

      Retail space available at Northlake Village, Okeechobee, Florida.
      Okeechobee, FL 34974
      View Details
    • $1,400,000
      3,880 SF

      Okeechobee Commercial Building Opportunity

      3-unit commercial building with thriving dry-cleaning business in high-traffic area.
      Okeechobee, FL 34974
      View Details
    • $20 SF/Yr
      2,142 SF

      Waterfront Restaurant/Bar in Okeechobee

      Waterfront restaurant/bar catering to tourists and locals.
      2200 Us Highway 441 SE, Okeechobee, FL 34974
      View Details
    • Contact for pricing
      1,400 SF

      Retail Outparcel to Walmart Supercenter

      Retail space available in Okeechobee, adjacent to national retailers.
      2105 S Parrott Ave, Okeechobee, FL 34974
      View Details
    • $650 /Mo

      Waterfront RV Lot for Rent

      Vacant RV lot with utilities and lake access.
      1118 Us Highway 441, Okeechobee, FL 34974
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    204 7th Ave
    Okeechobee, FL 34974-4281
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.