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2821 3rd Terrace, Okeechobee, FL 34974
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2821 3rd Terrace
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Priced at Only: $1,795,000
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Address: 2821 3rd Terrace, Okeechobee, FL 34974
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  • MLS#: F10490739 ( Land & Docks )
  • Street Address: 2821 3rd Terrace
  • Viewed: 41
  • Price: $1,795,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 328
  • Additional Information
  • Geolocation: 27 / -81
  • County: Okeechobee
  • City: Okeechobee
  • Zipcode: 34974
  • Subdivision: North Lake Bus Park
  • Provided by: The Tucker Group, LLC
  • DMCA Notice
  • 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.
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Features
Eco-Communities
  • Water Source: Public
Utilities
  • Road Frontage Type: Public Road
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available, Other, Irrigation Water Onsite
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Legal Description: NORTH LAKE BUSINESS PARK (PLAT BOOK 5 PAGE 70) LOTS 2, 3 & 4
  • Parcel Number: R12837350020000000020
  • Views: 41
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Nearby Subdivisions
3rd Add To Buckhead Ridge   3rd Add To Buckhead Ridge Sub   Ancient Oaks Rv Residence   Ancient Oaks Rv Residence 03   Basswood Incorporated Unit Num   Big O Rv Park   Bridlewood Ranches   Brindaban Forest Sub Un 4   Buckhead Ridge   Cabbage Wood Ranches   Cabbage Woods Ranches   Cabbage Woods Rauches   Conners Gables   Connors Gables Revised   Consolidated Land Co   County South   Farm Lands/consolidated L   Kings Bay   Lake Okeechobee Hammock   Lakeside Shores   Lakeview Subdivision   Lar-kee Lakes   Lazy 7 Estates   Martin County Ranch Community   N/a   Na   No Subdivision   None   North Lake Bus Park   Oasis Village   Okeechobee   Okeechobee Hammock Rep   Okeechobee Heights   River Oak Acres   River Oak Acres Un Ii   River Oak Grove   Sherman Wood Ranches   Silver Palms   Silver Palms Rv Reosrt   Silver Palms Rv Resort   Silver Palms Rv Village   Silver Palms Rv Village Ph 01   Silver Palms Rv Village Ph 1   Silver Palms Rv Village Ph Ii   Silver Palms Rv Village Ph One   Silver Palms Rv Village Resort   Spot In The Sun   Sunset Acres   Sunset Waters   Sw   Taylor Creek   That's Up To You!   The Southern Colonization   The Waterway   Treasure Island   Treasure Island Un 06   Treasure Island Un 08  
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Headshot for Associate Robert A. Pelletier Jr
  1. Robert A. Pelletier Jr, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 239.218.1565
  4. Mobile: 239.218.1565
  5. Fax: 352.503.4780
  6. robertsellsparadise@gmail.com