$1,300,000
For Sale

3401 SE 34th Avenue

Okeechobee, FL 34974
7634 sqft | #FX-10457579
Browse 5 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Exceptional investment opportunity situated on 0.91 acres in the Taylor Creek development. This 12-unit park, fully owned by the current operator, has a 100% occupancy rate, with all but one tenant on yearly leases. The park generates a 10% return All units are individually metered, with tenants responsible for their own electric bills except for three units. Recent improvements include brand new roofs on three units, enhancing the property's value and appeal. (Roofs are currently in process) The property conveys with an on-site manager. The park includes an on-site security system.

  • Interior Details
      • CoolingCentral
  • Property Details
      • Lot Features1/2 to < 1 Acre
      • Lot Description1/2 to < 1 Acre
      • ViewOther
      • Stories1
    • Measurements
      • Square Feet7634
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1977
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Public Water, Septic
  • Community and Neighborhood Details
      • SubdivisionTaylor Crk Dev Rev 02
    • Location
      • CountyOkeechobee
  • Financial Details
      • Original List Price$1,300,000
      • Taxes Annual$9,843
  • Other
      • MLS #FX-10457579

Location

Mike MehdipourThe Mehdipour Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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