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Sold on 11/05/2020
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704 SW 6th St, Okeechobee, FL 34974

$457,000

Last sold 11/05/2020 for $294K

  • bed

  • bath

  • 3,300

    Sqft ($89/Sqft)

Multi-family not for sale

About 704 SW 6th St

Property type Multi-family
Year built 1987
HOA fee $0/month
Lot size 0.44 Acre
Movoto estimate
Property description
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.
Listed by
Listing Agent - Joseph Tumolo
Listing Office - Coldwell Banker Paradise
Source: SEFMLS mls logo
MLS#R10650652 • last updated 3 months ago
Movoto checked SEFMLS for data 1 minute ago
Overview
Levels/Style One, 1
Type Residential Income
SubType Duplex
Status Closed
Virtual Tour N/A
MLS # R10650652
SqFt 3300
Lot Size (Acres) 0.44
Property Tax 4759
Year Built 1987
Interior
Exterior
Roof Metal
Exterior Block
Lot Desc 1/4 To 1/2 Acre Lot
Patio/ Porch Patio
Amenities / Utilities
Utilities Water Available
Sewer/ Septic Septic Tank
Water Source Public
Pool Desc None
HOA Amenities None
Location
Subdivision None
Area/ Subdivision 5940 Florida Other
Elementary School Central
High School Okeechobee
Middle School Osceola Creek
APN 32137350020025100000
Directions West On Midway Road. Left On Okeechobee Road. Left On Parrott Ave. Right On 6th St.
Zoning Deplex
Multifamily Details
Total # of Units 4
Net Operating Income 37560
Gross Income 50400
Financial Data Source Owner
Total Actual Rent 50400
Lot/ Land Details
$457K
Range: $397K-$516K
Last 30 days 
  • Dec 2020
    mls logo MLS # R10650652
  • Dec 24, 2020 Sold
    $294,500
  • Dec 23, 2020 Sold
    $294,500 (-1.5%)
  • Aug 27, 2020 Listed
    $299,000 (+8.7%)
  • Dec 2020
    mls logo MLS # RX-10650652
  • Dec 24, 2020 Sold
    $294,500
  • Aug 28, 2020 Listed
    $299,000
  • Nov 2019
    mls logo MLS # A10778405
  • Nov 25, 2019 Listed
    $275,000
  • Sep 23, 2019 Listed
  • Sep 2019
    mls logo MLS # OK218551
  • Sep 23, 2019 Listed
    $275,000 (+150.2%)
  • Nov 2015
    mls logo MLS # RX-10166363
  • Nov 4, 2015 Listed
  • Oct 19, 2015 Contingent
  • Sep 9, 2015 Listed
    $109,900 (-19.8%)
  • Mar 2001
    Public Records
  • Mar 29, 2001 Sold
    $137,000
  • Year Property taxes Tax assessment
  • 2024
    $6,708 +5.2%
    $309,281
  • 2023
    $6,377 +14.0%
    $309,281 +39.44%
  • 2022
    $5,594 +5.6%
    $221,810 +6.42%
  • 2021
    $5,300 +7.6%
    $208,422 +9.16%
  • 2020
    $4,924 +20.8%
    $190,941 +2.27%
  • 2019
    $4,077 -3.9%
    $186,694
  • 2018
    $4,243 +12.2%
    $186,694 +24.77%
  • 2017
    $3,780 +10.2%
    $149,633 +13.71%
  • 2016
    $3,431
    $131,595
  • 704 SW 6th St
    $294K
  • 34974
    $309K -3% y/y
  • Okeechobee
    $335K +3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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