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Commercial Multi-family 7.7+/- Acres on Highway 710 6.5 miles south of Okeechobee. The property consists of (15) 3Bed/1Ba Single Family Homes, ( 1) 5 Bed/2Bath home and a large storage building. Buildings are CBS, all new stucco, new roofs, new or updated plumbing and electric, new tile floors and new appliances. Currently, the property is leased to one Lessee who pays $257,000 per year and does all the maintenance. The Net Income is $229,256 per year. The rent has not been raised in 5 years. The property is zoned multifamily with FLU industrial. The current Lessee would like to renew.
Listed by Kate McFarland and, KATIE MCFARLAND LLC

Property Details of 7555 710 Highway

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Okeechobee, FL Schools

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Based on information submitted to MFRMLS as of May 9, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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