8590 Highway 441 SE
SOLD April 2022 for $360,000
8590 Highway 441 SE, Okeechobee, Florida 34974
Building Size | 2,257 Square Feet |
Land Size | 1.9 Acres |
Zoning | Commercial |
Water | Well |
Sewer | Septic |
PROPERTY HIGHLIGHTS:
- 1.9± acre waterfront commercial property on Lake Okeechobee
- Property contains a restaurant/bar, a single family home, (4) RV lots, and (2) mobile home lots
- Income opportunities include leasing the restaurant/bar, single family home, and RV/MH lots
- (1) mobile home lot and (2) RV lots are currently leased and generating $11,796 per year
- Great value-add opportunity with potential to expand RV/MH lot count
- Private boat ramp with direct access to Lake Okeechobee (maintenance needed)
- Private dock for temporary mooring (currently in disrepair)
- Property is located in close proximity to new commercial development
APPROVED USES:
- Medical Office
- Professional Office
- Veterinarian Clinic
- Retail Establishment
- Hotel/Motel
- Restaurant
- Barber Shop
- Funeral Home
- House of Worship
- Financial Institution
- Storage (Special exception permit required)
Complete list provided upon request
PRIOR RENTAL RATES FOR IMRPOVEMENTS:
- Restaurant/Bar (2,257 Sq. Ft.): $7,200/year
- Single Family Home (1,584 Sq. Ft.): $9,600/year
- (2) Waterfront RV Pads: $9,600/year
- (2) Standard RV Pads: $8,400/year
- (2) Mobile Home Lots: $7,200/year
TOTAL: $42,000/year
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.