Address
Not Disclosed, OKEECHOBEE, FL
Price
$ 865,000
Property Attributes
  • MLS#OK223997
  • TypeCommercial
  • CountyOKEECHOBEE
  • CityOKEECHOBEE
  • AreaOkeechobee
  • NeighborhoodOkeechobee Little Farms
  • Zip34972
  • StyleRestaurant
  • Year Built1966
  • Taxes$ 2656
  • Price$ 865,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3047
  • Lot Size0.71 Acres
Data Source:
Stellar MLS
Property Description

It sounds like this restaurant has undergone significant renovations and improvements, making it an attractive investment opportunity. The updates to the septic system, electric, flooring, and air conditioning demonstrate a commitment to modernization and ensuring the comfort of patrons. Additionally, the new landscaping adds to the curb appeal, potentially attracting more customers. Given the description of the restaurant as a "goldmine," it seems that it is located in a bustling area with high foot traffic or in a community where there is strong demand for dining establishments. Investing in such a property could indeed be lucrative, especially if the improvements contribute to increased patronage and revenue. For someone looking for a solid investment with potential for growth and profitability, this restaurant appears to offer a promising opportunity.

Price History
4/21/2024 Listed $865,000

General Features

Cooling Central Air
Zoning RM
Construction Materials Wood Frame
Year Built 1966
Property SubType Restaurant
Tax Year 2023
Percent Ownership Other
County Okeechobee
New Construction No
Property Type Commercial Sale
Subdivision Name OKEECHOBEE LITTLE FARMS
Status Active
Directions Take 441 North to Restaurant on west side of road.
City OKEECHOBEE
Buyer Agent Compensation 2%
MLS Area 34972 - Okeechobee
Lot Size Square Feet 30840
Waterfront Y/N No
Listing Terms Cash,Conventional
Tax Annual Amount 2656
Property Condition Completed
Public Remarks It sounds like this restaurant has undergone significant renovations and improvements,making it an attractive investment opportunity. The updates to the septic system,electric,flooring,and air condit
Virtual Tour https://view.ricoh360.com/43f1cbc3-b7d8-413f-bb06-b394f636aeda
Days on Market 3
Standard Status Active
Tax Lot 11
Legal Description OKEECHOBEE LITTLE FARMS (PLAT BOOK 2 PAGE 100) LOT 11 BLOCK 8

Interior Features

Air Conditioning Y/N Yes
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Lot Size Area 30840
Foundation Details Slab
Number of Buildings 1
Building Area Total 4442
Lot Size Acres 0.71
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 34972

Price
AVG $1,000K
$870K
Taxes
AVG $4,833
$2,656
Visits
AVG 111
46
Data Provided by Inside Real Estate®
Year Built
AVG 1979
1966

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