Back 704 SW 6th St
Off Market

704 SW 6th St

Okeechobee FL 34974

4320 sq. ft.
18992 sq. ft.
Duplex
Last sold for $294,500
Joseph TumoloJoseph Tumolo, last sold this property on 23 December 2020 after 93 days on market.

Overview

Multifamily Cash Cow right in the Heart of Okeechobee. Exterior almost completely rebuilt and updated in 2007 from a small home to a giant 3300+ concrete block duplex with 2007 trusses and 2007 commercial grade galvanized steel roof. Two 5 ton commercial A/C units (2007 and 2017). Practically new with many interior updates in the past 2 years including Kitchens, Bathrooms, flooring and more. Zoned duplex with on-time, paying tenants, with leases in place. Grossing over $4200 per month. One side of the property is a 4 bed/3.5 bath with rental income of $2, 450 per month and the other side is 3 bed/2 bath at $1750 per month. Communal coin laundry brings in approx. $130 per month. Lovely area, right across the street from a church and school. Walking distance to downtown Okeechobee.

Features

4320 sq. ft. floor area
18992 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar duplexes sold in Okeechobee over the last 12 months.

Property history for 704 SW 6th St

2020
Sold
$294,500
23 Dec 2020 by Joseph Tumolo, of COLDWELL BANKER PARADISE

Happy sellers in Okeechobee

74%
74% of sellers in Okeechobee reported that their sale price either exceeded or met their price expectations.

Okeechobee stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Okeechobee over the last 12 months.

Local market activity for duplexes in Okeechobee

In the last 12 months, 1 duplex similar to 704 SW 6th St, have been sold.

This represents a 50% increase in duplexes sales when compared to the previous 12 months.

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