2821 SW 3rd Ter, Okeechobee, FL 34974

Land
Built in ——
1.29acre lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

Fully leased 17,640 sq ft commercial plaza on 1.291 acres. Recently remodeled and known as Cedar Plaza, this plaza consist of 14 individual leasable bays. Current leases in place are 2 year leases with a built in annual escalator, current actual income reflects a 7% cap rate at asking price with room to grow income. Located just off Hwy 441 South and 1 block West of Home Depot makes this property a great income producer for investors.

Listing Status:: Active
Date Added:: March 6, 2025 at 06:00AM
Listing Office:: The Tucker Group, LLC : (863) 763-4010
Listing Agent:: Bryan Holden : (863) 634-5792
MLS ID:: F10490739

Originating MLS: FTL
County: Okeechobee

This listing courtesy of Bryan Holden, The Tucker Group, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

South Elementary School

2468 SW 7th Ave, Okeechobee, FL, 34974

Grades KG-5

0.32 miles away

Osceola Middle School

825 SW 28th St, Okeechobee, FL, 34974

Grades 6-8

0.32 miles away

Okeechobee Virtual Franchise

700 SW 2nd Ave, Okeechobee, FL, 34974

Grades 6-12

1.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.