9999 NE 120Th St, Okeechobee, FL 34972

Property Details for 9999 NE 120Th St

Property type

Commercial real estate

Description

INCOME-PRODUCING AGRICULTURAL ESTATE | 44.04 ACRES | MULTI-UNIT | OKEECHOBEE, FL 9999 NE 120th Street, Okeechobee, FL 34972 · South Central Florida · Agricultural / Special Purpose KEY METRICS: • Total acres: 44.04 (agricultural exempt) • Rentable units: 11 • Main residence: 6,616 sf (3,104 sf under air) • Outbuilding: 8,000 sf CBS with metal roof • Zoning: Agricultural Exempt • Offering: First-time sale INVESTMENT OVERVIEW La Mariana Ranch presents a rare value-add and income-producing opportunity in South Central Florida's growing agricultural corridor. This 44.04-acre improved estate — listed for the first time — combines a landmark luxury residence with significant existing rental infrastructure, a large commercial-grade outbuilding, and agricultural exemption status providing meaningful ongoing tax advantages. The asset offers multiple simultaneous revenue streams with substantial upside for the right operator or investor. INCOME STREAMS & USE CASES • Residential rental: 5 casitas + 6 additional units ready for staff housing or short/long-term rental income • Event venue: 100+ seat covered Loggia with summer kitchen has hosted 250+ private events, weddings & corporate functions • Agribusiness: 3 fenced pastures, tack room, permitted irrigation, and 8,000 sf CBS building support active ag operations • Equestrian: Zoned ag exempt with room to build stables, riding arena, or helipad on improved acreage ASSET DESCRIPTION The main residence is a 6,616 sf Mediterranean-style villa (3,104 sf under air) inspired by architect Cliff May, featuring cathedral real wood beam ceilings, authentic clay tile roof, Carrara marble baths, butler's kitchen with gas range, and a 4-car attached garage. The grand covered Loggia is hard-wired for AV, seats 100+, and includes a summer kitchen — a fully operational event asset. A tranquil pond, private gazebo, and mature tropical landscaping complete the grounds. The 8,000 sf CBS concrete outbuilding with metal roof is ideal for equipment storage, agricultural operations, or commercial conversion. Five casitas in the northwest corner provide immediate rental income potential. One finished tack room with rear garage bay is in the northeast corner. All infrastructure is supported by a new state-of-the-art water filtration system and a John Deere diesel backup generator. KEY INVESTMENT HIGHLIGHTS: • 44.04 acres, ag exempt (tax advantage) • 11 income-producing units on-site • 8,000 sf CBS commercial outbuilding • Event venue — 250+ events hosted • 3 fenced pastures + tack room • Permitted agricultural irrigation • Diesel generator — operational continuity • New water filtration system • Multiple value-add revenue paths • First time on market • South FL growth corridor location • Drone video & full OM available Listing broker: Cameron Property Advisors, LLC · Licensed Real Estate Broker, FL Richard Cobb 561.635.8111 · Vince La Mariana 813.956.5150 · www.cameron-property.com

Location Insight

City

Okeechobee

County

Okeechobee

State

Florida

Longitude

-80.7221807

Latitude

27.3619179