About 5806 Us Highway 441
Excellent income-producing property with multi-family zoning and significant room for expansion! Currently generating $72,000/year in income with a 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!
Features of 5806 Us Highway 441
| MLS® # | F10528626 |
|---|---|
| Price | $578,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,410 |
| Acres | 0.00 |
| Year Built | 1997 |
| Type | Residential |
| Sub-Type | Single |
| Style | One Story |
| Status | Active-Available |
Community Information
| Address | 5806 Us Highway 441 |
|---|---|
| Area | 6220 |
| Subdivision | Okeechobee |
| City | Okeechobee |
| County | Okeechobee County |
| State | FL |
| Zip Code | 34974-2331 |
Amenities
| Parking | Driveway |
|---|---|
| View | Canal |
| Is Waterfront | Yes |
| Waterfront | Canal Width 1-80 Feet |
| Has Pool | No |
| Subdivision | Boating, Public Road |
Interior
| Interior Features | Other Interior Features |
|---|---|
| Appliances | Dryer, Electric Range, Refrigerator, Washer |
| Heating | Central Heat |
| Cooling | Central Cooling |
| Fireplace | No |
Exterior
| Exterior Features | Other |
|---|---|
| Lot Description | 1 To Less Than 2 Acre Lot |
| Roof | Other Roof |
| Construction | Cbs Construction |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Select Group |
|---|