Single Family Home

$ 890,000
  • 5 bed
  • 4.5 bath
  • 43,168 ft2 (4,014 m2)
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Details
    • Listed on:
      July 25, 2026
    • Days on Market:
      -
    • Maintenance:
      n/a
    • Taxes:
      $ 9,595 per year
    • Year:
      1988
    • Furniture:
      Furnished,Furniture Only
    • Floor Description:
      Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Lake, Water, Lake View
    • Parking:
      -
  • Building Features:
    • Outside Storage
    • Room For Pool
  • Interior Features:
    • Cooking Island
    • Pantry
    • Walk-In Closet(s)
    • Storage
    • Utility/Laundry In Garage
  • Exterior Features:
    • Fruit Trees
    • Room For Pool
  • Legal Description:
    200 east palmetto park condo unit ph -1
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!
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