238 US Highway 441 SE - Storefront Retail/Residential FOR SALE


Okeechobee, FL 34974
$730,000 USD
863-801-2101
238 US Highway 441 SE, Okeechobee, FL for Sale
$730,000 USD
Storefront Retail/Residential - FOR SALE
1/17
null | Request Cap Rate

238 US Highway 441 SE
Okeechobee, FL 34974


OVERVIEW

This income-producing commercial property features direct lake access, a private boat ramp, and a sea wall, making it ideal for marine-related businesses or future mixed-use development. Currently leased to two tenants generating $40,800 annually, the property offers stable cash flow with significant upside potential. 2BD2BA 1BD1BA. The Commercial Corridor Mixed Use future land use designation allows for a wide range of development possibilities including retail, office, residential mixed use, hospitality, Light Industrial and Warehousing, Public and Institutional Uses. Possibility for additional parking. Lake Okeechobee is the largest freshwater lake in Florida and the second-largest freshwater lake entirely within the contiguous United States. Its vast size makes it impossible to see across from shore to shore, and it plays a vital role in South Florida’s water management, ecology, and recreation. Lake Okeechobee Permanent population (2025 estimate): ~43,535 winter population to approximately increases 52,000–56,000 people. Highlights: Waterfront location with Lake Okeechobee access Private boat ramp and sea wall Zoned commercial with flexible future land use Two income-generating tenants High visibility and traffic potential Perfect for investors, developers, or business owners looking to capitalize on one of Florida’s most iconic lakefront locations.

FOR SALE DETAILS

PRICE

$730,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C

APN/PARCEL ID

1-03-38-35-0A00-00004-C000,R1-03-38-35-0A00-00004-C000

ASK ABOUT THIS PROPERTY

Samantha SaucedoIllustrated PropertiesMore Info
863-801-2101

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Samantha SaucedoIllustrated PropertiesMore Info
863-801-2101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.