For Sale
$559,000

113 5Th AveOkeechobee, FL 34974

Gym, Apartment, & Business Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Okeechobee, FL property presents a unique investment opportunity. Built in 1948, the 3,858 sq ft building boasts a thriving gym with 75 active members and brand-new equipment, generating immediate income. This established gym business is available for sale separately, offering flexibility for investors. A fully remodeled, one-bedroom, one-bathroom apartment, currently leased at $1,500 per month, provides consistent rental income. The substantial 3,011 sq ft main building offers ample space for expansion or additional business ventures, ideal for entrepreneurs seeking a versatile location. The property is located at 113 SW 5th Ave, Okeechobee, FL 34974, offering a blend of historical charm and modern amenities. The building and the gym business are both available for sale separately, providing various investment scenarios. This turnkey operation presents a rare chance to acquire a profitable business and a valuable real estate asset in a desirable location. The asking price for the entire property is $559,000. Don't miss this chance to own a piece of Okeechobee's history and future.

Highlights

  • $559,000 asking price for a mixed-use business opportunity in Okeechobee, FL.
  • 3,858 sq. ft. building with a thriving gym (75 active members) and a separate, remodeled 1 bed/1 bath apartment currently leased at $1,500/month.
  • Building and gym can be sold separately.
  • 3,011 sq. ft. of additional space available for expansion or other business ventures.
  • Located at 113 SW 5th Ave, Okeechobee, FL 34974.

Property Details for 113 5Th Ave

Property type
Mixed-use properties

Location Insight

City
Okeechobee
County
Okeechobee
State
Florida
Latitude
27.2425551
Longitude
-80.834254
113 5Th Ave, Okeechobee, Florida

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113 5Th Ave
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