Mixed use property in 1105 S PARROTT Avenue, Okeechobee, FL for sale with MLS# B26093838

5 Acres right in the heart of town! An excellent opportunity to acquire two adjoining parcels totaling approximately 5 acres in a desirable location along S. Parrott Avenue. Ideally situated near established businesses and commercial activity, this property offers convenient access to a major roadway and presents exciting possibilities for investors & developers. Current Features: An Established Favorited Restaurant among locals, Outdoor Entertainment Venue, Ample Parking, Single Family Home, Excess Land for Commercial Development. The two parcels offer different zoning and future land use designations, providing an opportunity for buyers to explore potential development options. One parcel is zoned Residential Single-Family, with a future land use designation of Multi-Family Residential. Buyers are encouraged to independently verify acreage, zoning, future land use, permitted uses, utility availability, and development feasibility with the appropriate governmental authorities.

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1105 S PARROTT Avenue, Okeechobee, FL

Price
Price:
$5,200,000.00
Original List Price:
$5,200,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Commercial Sale
Property Type:
Mixed Use
Description of Last Important Update:
New Listing
Last Major Update on:
October 28, 2026 9:33 pm
Other Special Conditions:
Will Subdivide
Measures
Built-Up Area:
2,832 Sqft
Lot Area:
217,800 Sqft
Building Area Source:
Public Records
Lot Features:
Oversized Lot, Many Trees
Lot Size Acres:
5
Property Features
Security:
Smoke Detector(s), Fire Sprinkler System, Fire Alarm
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Electric
Heating
Heating System:
Electric
Building:
Storage, Restaurant, Private Restroom(s), Rear Access, Separate Office Area, Lounge, Balconies
Road Responsibility:
Public Maintained Road
Construction
Year Built:
1956
Roof:
Concrete
Construction Materials:
CBS
Number of stories:
2
Structure Type:
Flex, Mixed Use
Stories:
2
Road Frontage Type:
City Street, State Road
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$11,075.58
Tax Year:
2025
Tax Assessed Value:
$567,159.00
Parking
Parking Total Spaces:
100
Utilities
Sewer:
Septic Tank
Electric:
Other
Utilities Available:
Sewer Available, Electricity Connected, Water Connected
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Other, Aerial Photo(s), Photos, Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
UNPLATTED LANDS OF THE CITY BEGINNING AT THE SOUTHEAST CORNER OF SECTION 21, TOWNSHIP 37 SOUTH, RANGE 35 EAST AND RUN NORTH ALONG SECTION LI
Real Estate Folio Number (Parcel Number):
22137350a00000440000
Zoning:
RES
Listing History
Active on the market since:
October 28, 2026
Listing Agreement executed on:
October 28, 2026
Listing Status Last Changed On:
October 28, 2026 9:33 pm
Photos updated on:
October 28, 2026 9:33 pm
Last Modified:
October 28, 2026 10:25 pm
Additional Information
Courtesy of:
BSR Realty Group, Inc
Attribution:
Not provided
Location
Street Name:
PARROTT
Street Number:
1105
City:
Okeechobee
State:
Florida
County:
Okeechobee
Latitude:
N27° 13' 57.8''
Longitude:
W81° 10' 15''
Street Suffix:
Avenue
Street Direction Prefix:
S
Property Map

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Association of REALTORS®
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