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5286 SE 43rd Trace

Okeechobee, FL 34974
  • $999,000
  • STATUS: Active
  • ON SITE: 123 Days
  • ID#: RX-10994427
Price Reduced
$999,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,298
    SQFT
  • $770
    $/SQFT
Neighborhood:
Kingbay
Type:
Multi-Family
Built:
1985
County:
Okeechobee
Area:
Okeechobee

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Description

Investment property in Okeechobee! 4 townhomes with 3 units currently tenant occupied, lease ends 12/24. 4th unit serves as an Air BNB. Tenants are amazing. Property located on a cul-de-sac; rear units have spectacular water view. Two assigned parking spots for each unit, contain washer/dryers. Near town and main highway. Investors are welcome!

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www.keriannworley.com/homes/151464146
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5286 SE 43rd Trace Okeechobee, FL 34974

  • Price: $999,000
  • Status: Active
  • On Site: 123 Days
  • ID#: RX-10994427
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,298
SQFT
$770
$/SQFT
1985
Built
Neighborhood:
Kingbay
County:
Okeechobee
Area:
Okeechobee
Property Description
Investment property in Okeechobee! 4 townhomes with 3 units currently tenant occupied, lease ends 12/24. 4th unit serves as an Air BNB. Tenants are amazing. Property located on a cul-de-sac; rear units have spectacular water view. Two assigned parking spots for each unit, contain washer/dryers. Near town and main highway. Investors are welcome!
Exterior Features

Carport Spaces 0.00 Construction FrameStucco Exterior Features FenceOpen Patio Lot Description Cul-De-Sac Private Pool YN No Roof Aluminum Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking Waterfront Description Lake Waterfront YN Yes

Interior Features

Cooling Central Flooring Tile Heating Central Unit1 Bedrooms 2 Unit1 Desc A/C UnitDisposalDryerKitchenLaundryMicrowavePatioRange - ElectricRefrigeratorSmoke Detector Unit1 Full Baths 2 Unit1 Furnished No Unit1 Sq Ft 1584 Unit2 Bedrooms 2 Unit2 Desc A/C UnitDishwasherDryerKitchenMicrowavePatioRange - ElectricRefrigeratorSmoke DetectorWasher Unit2 Full Baths 2 Unit2 Furnished No Unit2 Sq Ft 1584 Unit3 Bedrooms 2 Unit3 Desc A/C UnitDishwasherDryerKitchenLaundryMicrowavePatioRange - ElectricRefrigeratorSmoke DetectorWasher Unit3 Full Baths 2 Unit3 Furnished No Unit3 Sq Ft 1584 Unit4 Bedrooms 2 Unit4 Desc A/C UnitDishwasherDryerKitchenLaundryMicrowavePatioRange - ElectricRefrigeratorSmoke DetectorWasher Unit4 Full Baths 2 Unit4 Furnished No Unit4 Sq Ft 1584

Property Features

Annual Net Operating Income 50808.00 Annual Total Expenses 17792.00 Application Fee 0.00 Auction No Available Info Deposit SecurityLeases Built Desc Resale Gated Community No Gross Operating Income 68600.00 Hoa Fee Per Month 232.00 Homeowners Association Mandatory HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession At Closing REO No Restrictions Lease OK Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Sq Ft Total 1584.00 Subdivision Amenities Tennis Tax Amount 9282.93 Tax Year 2023 Taxes County Only Tenant Pays ElectricWater Terms Considered CashConventional Unit1 Monthly Income 1400.00 Unit2 Lease Ends 2024-12-31 Unit2 Monthly Income 1500.00 Unit3 Lease Ends 2024-12-31 Unit3 Monthly Income 1500.00 Unit4 Lease Ends 2024-12-31 Unit4 Monthly Income 1300.00 Utilities None Zoning RESIDENTIAL

Listing provided courtesy of Exp Realty Llc: . Listing information © 2024 BeachesMLS
 
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Keriann Worley, Broker Associate at Douglas Elliman Real Estate
444 East Palmetto Park Rd
Boca Raton FL, 33432