5286 16Th Ave Okeechobee, FL 34974
- Retail space
- 7,343 SF
- 2.62 lot acres
Current Use by Public Records
- Dream Tackle Design / Fishing Store
- Okeechobee Fishing Headquarters / Fishing Store / Boat Storage Facility
Property Details for 5286 16Th Ave
- Year built
- 2003
- Construction
- STEEL FRAME
- Lot size
- 2.62 lot acres
- Property size
- 7,343 SF
- Property type
- Retail space
- APN
- 1-04-38-35-0A00-00016-C000
- APU
- 10438350A0000016C000
Description
This exceptional mixed-use property in Okeechobee, Florida, presents a lucrative investment opportunity. Situated on a 2.62-acre lot in a rapidly growing resort area, it's just minutes from downtown Okeechobee and the future Bass Pro Shops Resort. The property boasts a large, modern retail building, complemented by a well-maintained, two-bedroom, two-bathroom apartment on the second floor. Significant income potential is generated by 21 extra-large bass boat storage units, totaling 7,500 square feet. A separate 1,500-square-foot enclosed boat repair shop offers further revenue streams, with potential for expansion and additional outdoor storage. The main building also includes over 2,500 square feet of secure, climate-controlled space currently used for private offices and inventory storage. This property is ideally positioned to capitalize on the area's expanding tourism and recreational sectors. Showings are by appointment only, and a non-disclosure agreement and pre-approval are required. The asking price is $1,400,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Okeechobee
- County
- Okeechobee
- State
- Florida
- Longitude
- -80.8439
- Latitude
- 27.1949
- CBSA code
- 36380
- CBSA name
- OKEECHOBEE, FL MICROPOLITAN STATISTICAL AREA
