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 Provided Courtesy of The Tucker Group, LLC
Property Details
Price:
$1,795,000
MLS #:
F10490739
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
North Lake Bus Park
Neighborhood:
6210necountyok
Listed Date:
Mar 7, 2025
Lot Size:
55,921 sqft / 1.29 acres (approx)
See this Listing
Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$14,836
Map
Community
- Address2821 SW 3rd Terrace Okeechobee FL
- SubdivisionNorth Lake Bus Park
- CityOkeechobee
- CountyOkeechobee
- Zip Code34974
Market Summary
Current real estate data for Single Family in Okeechobee as of Jan 29, 2026
440
Single Family Listed
70
Avg DOM
249
Avg $ / SqFt
$309,522
Avg List Price
Property Summary
- Located in the North Lake Bus Park subdivision, 2821 SW 3rd Terrace Okeechobee FL is a Single Family for sale in Okeechobee, FL, 34974. It is listed for $1,795,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Okeechobee is $249. The average listing price for Single Family in Okeechobee is $309,522. To schedule a showing of MLS#f10490739 at 2821 SW 3rd Terrace in Okeechobee, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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