207 SE 6TH Avenue, Okeechobee FL 34974 presents a four-unit multifamily property with downtown walkability and direct waterfront access along Taylor Creek. Built in 1988, the 3,873-square-foot building sits on a 21,475-square-foot waterfront lot in the City of Okeechobee.
A metal roof was replaced approximately five years ago. Outdoor features include an approximately 1,000-square-foot waterfront deck overlooking the creek and a 6-foot by 30-foot concrete seawall with potential for a future boat dock or slip. The property is located two blocks from Flagler Park and the restaurants, boutiques and storefronts along Park Street, with Taylor Creek and Lake Okeechobee nearby.
The majority of the units will be delivered vacant, allowing a new owner to lease at current market rents and improve operational performance without inherited tenant complications. This creates a clear value-add opportunity for increased stabilized asset value. With its creek frontage, walkable downtown setting and four-unit layout, 207 SE 6TH Avenue offers a multifamily investment property in a tightly held Okeechobee submarket.