$1,250,000
Sold · September 24, 2025
5286 SW 16th Avenue
Okeechobee, FL
Explore the area: Okeechobee homes for sale · Okeechobee County real estate
Sale Summary
What this home sold for
- Sold price
- $1,250,000
- Vs. list price
- 10.7% under
- Days on market
- 222
- Price per sq ft
- N/A
This commercial property sold for $1,250,000 on September 24, 2025. That was 10.7% below its final list price of $1,400,000. It first came on the market at $1,600,000, so the price was adjusted before it sold. It spent 222 days on the market.
Listing Snapshot
- Sold Price
- $1,250,000
- Sold On
- September 24, 2025
- Days on Site
- 222 Days
- Bedrooms
- 0
- Total Baths
- 3
- Total Sq Ft
- 14,178 sqft
- Lot Size
- 2.62 Acres
- Year Built
- 2003
- Property Type
- Commercial
- MLS #
- R10978943
- Property Tax
- $13,560 (2023)
- County
- Okeechobee
- Status
- Sold
About This Property
Prime Investment Property Located In the Resort Area Of Lake Okeechobee. Minutes from Downtown Okeechobee and Future Bass Pro Shops Resort. Property Features Large Modern Retail Building. Modern Two Bedroom/Two Bath well appointed and maintained second floor apartment,21 Extra Large Bass Boat Storage Units (7500 total Sq/SF) Separate 1,500 Sq/FT Enclosed Boat Repair Shop with additional outside expansion and outdoor storage. Over 2,500 Sq/Ft of additional secured space inside main building currently used for private office and store inventory. A must see commercial retail property within hi growth rapidly expanding resort zoned area. Shown By Appointment Only. Non Disclosure Agreement , Pre Approval required.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Sold
- Year Built
- 2003
- Property Condition
- Resale
- Levels
- One
- Lot Size (Acres)
- 2.62
- Total Sq Ft
- 14,178
- Structure Type
- Hotel Motel / Retail
- Zoning
- NC-2 Resort
Interior Features
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Concrete / Ceramic Tile / Laminate / Tile
Exterior Features
- Construction
- Mixed / Concrete / Stucco
- Roof
- Mixed / Other
Community & HOA
- Security
- Security System / Fire Alarm / Smoke Detectors
- Utilities
- Propane
- Financing Terms
- Cash / Other / Trade / Va Loan
- MLS Area
- 6210 - NE County (OK)
About the Area
Okeechobee offers a range of housing options across Martin County. Pure Equity lists homes in Okeechobee and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 830
- Under Contract
- 121
- Median List Price
- $279,450
- Median Sale Price (September)
- $275,000
- Median $/Sq Ft
- $200
- Avg Days on Market
- 169
Frequently Asked Questions
- How do I schedule a tour of 5286 SW 16th Avenue, Okeechobee, FL?
- Use the Tour button on this listing to request a showing of 5286 SW 16th Avenue, Okeechobee, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5286 SW 16th Avenue, Okeechobee, FL still available?
- 5286 SW 16th Avenue, Okeechobee, FL is currently listed as Sold, and has been on the market 222 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5286 SW 16th Avenue, Okeechobee, FL?
- With 20% down ($280,000) on the $1,400,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5286 SW 16th Avenue, Okeechobee, FL is about $7,358/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5286 SW 16th Avenue, Okeechobee, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5286 SW 16th Avenue, Okeechobee, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 5286 SW 16th Avenue, Okeechobee, FL?
- Often, yes. The right offer on 5286 SW 16th Avenue, Okeechobee, FL depends on how it's priced against comparable commercial sales in Okeechobee, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Frankel Ball Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$1,250,000
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Listed by Ronald K Baker, Frankel Ball Realty LLC
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