Home » Okeechobee » 113 SW 5th Ave, Okeechobee, FL 34974 | F10448192

113 SW 5th Ave, Okeechobee, FL 34974 | For Sale

$650,000

Property Highlights

Listing ID F10448192 Status of this Listing: Active For Sale Property Type Commercial Sale Special Purpose Lot area 6,359 Sqft/590.77 m2 approx. Year Built 1948 Time of this property on Rebonus 49 Day(s)
26 Photos of this Property

113 SW 5th Ave, Okeechobee, FL 34974

Property Description: Discover a unique investment opportunity with this remarkable property, blending history and modern amenities. Built in 1948, this 3,858 sq. ft. building features a thriving gym equipped with brand-new equipment and a loyal base of 75 active members. The gym business, which can be sold separately, offers immediate income potential. Included in the property is a fully remodeled and leased 1 bed, 1 bath apartment at $1,500 per month, providing a steady rental income. The building 's 3,011 sq. ft. base offers ample space for additional business ventures, making it perfect for entrepreneurs seeking a versatile space. Building can also be sold separately from the gym.

Useful Info

Original List Price:$650,000

Land Lot (Parcel) Details

Lot Size Acres:0.146
Lot Size Unit:Square Feet

Construction

Number of Units Total:1

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$3,206

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Data exchange original Listing Number: F10448192

Zoning and Legal

Tax Legal Description:CITY OF OKEECHOBEE (PLAT BOOK 1 PAGE 10 & PLAT BOOK 5 PAGE 5) THE NORTH 37.89 FEET OF LOTS 7 AND 8, BLOCK 166
Real Estate Folio Number (Parcel Number):R31537350010016600070
Public Survey Township:15
Public Survey Section:15

Listing History

Update/EventDate/Days
Published Date:July 16, 2024 3:09 pm
On Market Date:July 16, 2024
Listing Contract Date:July 16, 2024
Last Important Update Description:New Listing
Date and Time of Last Important Update:July 16, 2024 3:09 pm
Status Last Changed:July 16, 2024 3:09 pm
Photos Last Modified:July 16, 2024 7:18 pm
Last Modified:July 17, 2024 12:45 am
Days on the Market Reference Date:July 17, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Lot Size Range:,
Number of Photos Count:26
Geographical Area:OK10
Area:6210 - NE County (OK)
Ref ID:1077542789
Automated Valuation Display:Yes
Courtesy of:The Tucker Group, LLC
Universal Property Id:US-12093-N-R31537350010016600070-R-N

Location

Show Property Address:Yes
Street Name:5th Ave
Street Number:113
Street Direction Prefix:SW
Street Address:113 SW 5th Ave
City : Okeechobee
State : Florida
Zip Code : 34974
County : Okeechobee County
Full Address:113 SW 5th Ave, Okeechobee, FL 34974
Latitude:N27° 14' 33.2''
Longitude:W81° 9' 56.8''

Neighborhood

Postal City:Okeechobee

Property Map