5806 US Highway 441, Okeechobee, FL 34974 - Photo 1

1/1

$540,000

Sold
Closed
Single Family
6 Beds
3 Full Baths

1/1

Property Description

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!

Full Property Details

Full Property Details for 5806 US Hwy 441

General

Sold For: $540,000
Taxes: (2024)
Status: Closed
Type: Single Family
Source: Ft_Lauderdale
MLS ID: F10528626
Added to Site: 114 day(s) ago

Interior

Rooms/Areas: Other
Interior Features: Other Interior Features
Appliances: Dryer, Electric Range, Refrigerator, Washer
Flooring: Tile Floors

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 6
Bedroom Features: Other

Exterior

Exterior Features: Other

Parking

Parking: Driveway

Location

Area: 6220 - SE County (OK)
County: Okeechobee County
Subdivision: Okeechobee
Direction Faces: West

Heating & Cooling

Cooling Type: Central Cooling
Heating Type: Central Heat

Utilities

Sewer: Septic Tank
Water: Well Water

Structural Information

Architectural Style: WF/Ocean Access
Construction: Cbs Construction
Roof: Other Roof
Living Area: 3,410 Sq. Ft.
Year Built: 1997

Lot Features

Property View: Canal
Lot Size (Sq. Ft.): 51,008
Lot Size: 51000
Lot Description: 1 To Less Than 2 Acre Lot

Water Features

Water Front: Yes
Water Access Desc: Dock Available, Other
Water Front Desc.: Canal Width 1-80 Feet

Financial Considerations

Tax Year: 2024
Terms: Cash, Conventional

Disclosures and Reports

Legal Description: A PARCEL OF LAND LYING IN SECTION 6, TOWNSHIP 38 SOUTH, RANGE 36 EAST, OKEECHOBEE COUNTY, FLORIDA. BEING A PORTION OF THOSE LANDS DESCRIBED
Restrictions: No Restrictions, Ok To Lease
Property ID: R10638360A0000008A000

Listed by RE/MAX Select Group
Sold by Illustrated Properties LLC (Co

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 5806 US Hwy 441 —

RE/MAX Select Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 5806 US Hwy 441

School District:Okeechobee County School District

Name	Grades	Distance
Everglades Elementary School, Okeechobee, FL 3725 Southeast 8th Street, Okeechobee, FL 34974	K-5	3 mi
Osceola Middle School, Okeechobee, FL 825 Southwest 28th Street, Okeechobee, FL 34974	6-8	4.5 mi
Okeechobee High School 2800 U.S. 441, Okeechobee, FL 34972	9-12	6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5806 US Hwy 441

Date

Details

Price

Change

Source

12/23/2025

Sold

$540,000

-4.93%

MLS

11/12/2025

Price Reduced

$568,000

-1.73%

MLS

9/26/2025

Listed

$578,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

5806 US Hwy 441, Okeechobee, FL 34974 - Photo 1

Sold

$540,000