207 SE 6th Avenue is a rare four-unit multifamily investment opportunity offering a unique blend of downtown walkability and direct waterfront access in Okeechobee, Florida. Located just two blocks from Flagler Park and the restaurants, boutiques, and storefronts along Park Street, the property also benefits from close proximity to Taylor Creek and Lake Okeechobee, providing strong lifestyle appeal and long-term tenant demand. Built in 1988 on a 21,475 SF waterfront lot, the well-maintained 3,873 SF building features a metal roof replaced approximately five years ago, a ±1,000 SF waterfront deck overlooking the creek, and a 6’ x 30’ concrete seawall with potential for a future boat dock or slip. The property presents a compelling value-add opportunity, as the majority of units will be delivered vacant, allowing a new owner to lease at current market rents and immediately improve operational performance. This creates a clear path toward NOI growth and increased stabilized asset value without significant renovation requirements or inherited tenant complications. With a highly desirable waterfront setting, walkable downtown location, and strong upside potential, 207 SE 6th Avenue represents a hard-to-find multifamily investment in a tightly held submarket.
Property Details
Price:
$989,000
MLS #:
A12011391
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
City of Okeechobee
Neighborhood:
cityofokeechobee
Listed Date:
May 1, 2026
Year Built:
1988
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Other
Heating
Other
Exterior
Architectural Style
Other
Construction Materials
Other
Lot Features
Less Than 1/4 Acre Lot
Roof
Metal Roof
Stories
2
Waterfront Features
Creek
Financial
HOA Fee Frequency
Annually
Tax Year
2025
Taxes
$345,563
Map
Community
- Address207 SE 6TH Avenue Okeechobee FL
- SubdivisionCity of Okeechobee
- CityOkeechobee
- CountyOkeechobee County
- Zip Code34974
Subdivisions in Okeechobee
- Ancient Oaks
- Basswood
- Basswood Estates Un 01
- Conners Highlands
- COUNTRY HILLS ESTATES
- EAGLE BAY ACRES
- Hamrick
- J. R. RANCHETTES
- King’s Bay
- LAKE MONTAZA ESTATES
- Lucy Island
- MARTIN COUNTY RANCH COMMU
- Oasis Village
- OKEECHOBEE
- okeechobee county sd
- Okeechobee Park
- Palm Creek Estates
- Palm Village Ranch
- pleasant village
- R-Bar Estates
- River Lake Estates
- River Run Resort
- Roland Acres
- Seminole Cove
- Silver Palms
- Silver Palms RV Resort
- Southern Colonization
- SOUTHERN COLONIZATION CO
- Southern Colonization Co.
- SOUTHERN COLONIZATION COMP
- southern pine addition
- Taylor Creek Isle
- Treasure Island
- VIKING
- Viking 2
- Vikings
- Whispering Pines
- Wrights 1st Add
Market Summary
Current real estate data for Multi Family in Okeechobee as of May 02, 2026
1
Multi Family Listed
1
Avg DOM
$989,000
Avg List Price
Property Summary
- Located in the City of Okeechobee subdivision, 207 SE 6TH Avenue Okeechobee FL is a Multi Family for sale in Okeechobee, FL, 34974. It is listed for $989,000 To schedule a showing of MLS#a12011391 at 207 SE 6TH Avenue in Okeechobee, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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