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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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7866 U.S. 441 , Okeechobee, FL 34974
$890,000
Est. Payment: $1,977.78/mo
5 Bed
4.5 Bath
3684 Sqft
Status: Active | Days on site: 52
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FLL279594664 - FLL3264711
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House Description

Unique waterfront opportunity in Okeechobee! This beautifully updated single-story multi-family property offers 5 bedrooms, 4.5 bathrooms, and 3,684 sq. ft. of living space situated on a spacious double lot with endless possibilities for future expansion or additional income.The property features two separate residences. The front home offers 2 bedrooms and 1 bathroom and is currently leased for $1,900 per month, providing immediate rental income. The rear home features 3 bedrooms and 3 full bathrooms and is successfully operated as a short-term rental, generating approximately $5,000 to $7,000 per month. Tastefully renovated with a modern kitchen, durable laminate flooring throughout, and contemporary finishes, this property is truly move-in and investment ready. Outside, enjoy a 4-car garage, a boat shed, and a private dock accommodating approximately four boats, making it ideal for boating enthusiasts and waterfront living. Whether you're looking for a primary residence with rental income, a multi-generational property, or a high-performing investment, this unique offering checks every box. The expansive double lot provides room for future development (subject to zoning and approvals), adding even more long-term value. End each day with breathtaking Okeechobee sunsets from your own backyard. A rare opportunity to own a versatile waterfront property with multiple income streams and incredible growth potential. NO HOA! Schedule your private showing today!

Highlights

Listed by Hiliany Esther Munguia , 954-865-9534 Clients 1st Realty, Inc , 954-865-9534.

Property Type

Residential

Lot/Acreage
0.99

Year Built

1988

County

Okeechobee

Area

6220 SE Okeechobee County

Neighborhood

South Florida WMD

Listing ID

B26056551

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4.5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Appliances:Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Softener Owned, Water Purifier, Washer
Air Cond:Central Air,Electric
Fireplaces:
Floor:Tile
Other:
  • Additional:Bedroom on Main Level, Family/Dining Room, Kitchen Island, Kitchen/Dining Combo, Living/Dining Room, Main Living Area Entry Level, Walk-In Closet(s), Pantry
Water:Well

Exterior Features

Lot:<1 Acre,Oversized Lot
Garage Capacity:13
Zoning:30 - County
Roof:Aluminum
Others:
  • Additional:Fruit Trees, Room For Pool, Shed
Sewer:Septic Tank
Parking Features:Attached,Covered,Driveway,Garage,Two or More Spaces
Principal Interest
$1,978
Taxes
$800

Home Price

$890,000

Loan Details

30 yrs
%

Down Payment

20%
$178,000
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Monthly Price:
$1,977.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,977.78 $799.58 $0.00 $2,777.36
Yearly $23,733.33 $9,595.00 $0.00 $33,328.33
Total $712,000.00 $287,850.00 $0.00 $999,850.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Okeechobee, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.