7866 U.S. 441
Okeechobee, FL 34974
$890,000
$242/ft²
About this home
Unique waterfront opportunity in Okeechobee! This beautifully updated single-story multi-family property offers 5 bedrooms, 4.5 bathrooms, and 3,684 sq. ft. of living space situated on a spacious double lot with endless possibilities for future expansion or additional income.The property features two separate residences. The front home offers 2 bedrooms and 1 bathroom and is currently leased for $1,900 per month, providing immediate rental income. The rear home features 3 bedrooms and 3 full bathrooms and is successfully operated as a short-term rental, generating approximately $5,000 to $7,000 per month. Tastefully renovated with a modern kitchen, durable laminate flooring throughout, and contemporary finishes, this property is truly move-in and investment ready. Outside, enjoy a 4-car garage, a boat shed, and a private dock accommodating approximately four boats, making it ideal for boating enthusiasts and waterfront living. Whether you're looking for a primary residence with rental income, a multi-generational property, or a high-performing investment, this unique offering checks every box. The expansive double lot provides room for future development (subject to zoning and approvals), adding even more long-term value. End each day with breathtaking Okeechobee sunsets from your own backyard. A rare opportunity to own a versatile waterfront property with multiple income streams and incredible growth potential. NO HOA! Schedule your private showing today!
Features
- Waterfront
Property details
Listing
- MLS #
- B26056551
- Status
- For sale
- Listed on
- Jul 25, 2026
- Days on market
- 15 days
- Listing data updated
- Aug 5, 2026
Interior
- Beds
- 5
- Baths
- 4.5
- Living area
- 3,684 ft²
- Price per ft²
- $242/ft²
Building & community
- Type
- Single-family home
- Year built
- 1988
- County
- Okeechobee
Lot & exterior
- Lot size
- 43,168 ft²
- Waterfront
- Yes
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $4,500
- Property taxes (est.)
- $816
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$5,916*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$4,500/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Clients 1st Realty, Inc.
Hiliany Esther Munguia · 954-865-9534 · hiliany@clients1strealty.net · 954-865-9534
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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