$540,000
Sold · December 23, 2025
5806 US Highway 441
Okeechobee, FL 34974
Explore the area: Okeechobee homes for sale · Okeechobee County real estate
Sale Summary
What this home sold for
- Sold price
- $540,000
- Vs. list price
- 4.9% under
- Days on market
- 50
- Price per sq ft
- N/A
This commercial property in ZIP 34974 sold for $540,000 on December 23, 2025. That was 4.9% below its final list price of $568,000. It first came on the market at $578,000, so the price was adjusted before it sold. It spent 50 days on the market.
Listing Snapshot
- Sold Price
- $540,000
- Sold On
- December 23, 2025
- Days on Site
- 50 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 1.17 Acres
- Year Built
- 1997
- Property Type
- Commercial
- MLS #
- F10528339
- Property Tax
- $6,877 (2024)
- County
- Okeechobee
- Status
- Sold
About This Property
Excellent income-producing property with multi-family zoning and significant room for expansion! Currently generating $72,000/year in income with a Net Operating Income (NOI) of $59,000, this property boasts a Cap Rate of over 10%—a rare find! The property includes a single-family home plus two additional separate rental buildings and RV spaces, all sitting on over an acre of waterfront land along the Taylor Creek Canal with direct access to Lake Okeechobee and the ocean. Recent upgrades include a new electric system, new well, and a 15-year silicone-coated roof for low-maintenance durability. Whether you're looking for a solid investment opportunity or a primary residence with income potential, this property checks all the boxes. Don’t miss out!
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Sold
- Year Built
- 1997
- Lot Size (Acres)
- 1.17
- Structure Type
- Warehouse
Community & HOA
- MLS Area
- 6220 - SE 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
- 969
- Median List Price
- $279,000
- Median $/Sq Ft
- $201
- Avg Days on Market
- 161
Frequently Asked Questions
- How do I schedule a tour of 5806 US Highway 441, Okeechobee, FL 34974?
- Use the Tour button on this listing to request a showing of 5806 US Highway 441, Okeechobee, FL 34974. 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 5806 US Highway 441, Okeechobee, FL 34974 still available?
- 5806 US Highway 441, Okeechobee, FL 34974 is currently listed as Sold, and has been on the market 50 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 5806 US Highway 441, Okeechobee, FL 34974?
- With 20% down ($113,600) on the $568,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5806 US Highway 441, Okeechobee, FL 34974 is about $2,985/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 5806 US Highway 441, Okeechobee, FL 34974?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5806 US Highway 441, Okeechobee, FL 34974. 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 5806 US Highway 441, Okeechobee, FL 34974?
- Often, yes. The right offer on 5806 US Highway 441, Okeechobee, FL 34974 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 RE/MAX Select Group
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.
$540,000
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Listed by Hector Vidaurre, RE/MAX Select Group
Map & Location
Cities in Okeechobee County
Zip Codes in Okeechobee County
Property Types
Recent Sales
Recently sold homes in ZIP 34974
These are the last 6 recorded closings in ZIP 34974, with the price each home actually sold for rather than what it was listed at. They closed at a median of $251 per square foot. The most recent closed on September 29, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$995,000
Sold · September 29, 2026
119 S Parrott Avenue
0 bed · 0 bath
Sold$210,000
Sold · September 25, 2026
3031 SE 33rd Drive
2 bed · 2 bath · 866 sqft · $242/sqft
Sold$650,000
Sold · September 21, 2026
3300 SW Dunklin Avenue
0 bed · 0 bath
$125,000 under the asking price
Sold$650,000
Sold · September 21, 2026
3300 SW Dunklin Avenue
3 bed · 1 bath · 1,978 sqft · $329/sqft
$125,000 under the asking price
Sold$350,000
Sold · September 21, 2026
2618 SE 38th Trail
3 bed · 2 bath · 1,392 sqft · $251/sqft
$7,400 under the asking price
Sold$171,000
Sold · September 16, 2026
1697 SW 35th Circle
3 bed · 2 bath · 1,296 sqft · $132/sqft
$8,000 under the asking price
See every recorded sale in ZIP 34974 or find out what your ZIP 34974 home is worth.
