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Property profile & analytics
FOR SALE
Office Spaces

304 SW 3Rd Ave Okeechobee, FL 34974

1,446 SF 0.33 ac lot Built 1930
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US18-0185048
Property summary
AI-generated overview

This exceptional commercial property, situated at 304 SW 3rd Avenue in Okeechobee, Florida, presents a compelling investment opportunity. The 1,446 square foot office building is strategically located on a 0.32-acre corner lot at the intersection of SW 3rd Avenue and SW 3rd Street, placing it within easy reach of the city's downtown core. The building is zoned for commercial use, offering flexibility for a variety of businesses. While the property requires some attention and improvements (TLC), its prime location and substantial size make it an attractive prospect for renovation and repositioning. The building's current condition offers a chance to add value through upgrades and modernization. This is a rare opportunity to acquire a well-situated commercial property in a growing area. Note that all measurements are approximate and should be verified independently. There is also a separately listed vacant commercial lot available nearby, presenting potential for expansion or additional income streams. Contact us today to schedule a viewing and explore the possibilities this property offers. Serious inquiries only.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1930
Construction WOOD
Total area 1,446 SF
Lot 0.33 ac (14,157 SF)
APN 3-15-37-35-0010-01820-0010
UPID US18-0185048
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Capital C INC · 7 yrs held
Capital C INC
since 2019
7 recorded transactions
2026
Price N/A
2019
$60,000
2016
Price N/A
2016
$35,000
2016
Price N/A
2013
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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