For Sale
$559,000

113 5Th AveOkeechobee, FL 34974

Thriving Gym & Apartment Building

Overview

Added:
Dec 11, 2024
Days on market:
115
Discover a unique investment opportunity in Okeechobee, Florida, with this 3,858 sq ft. property. Built in 1948, the building currently houses a successful gym with 75 active members and brand-new equipment, offering immediate income potential. This established gym business is available for sale separately from the building. A fully remodeled and leased one-bedroom, one-bathroom apartment generates an additional $1,500 monthly rental income. The building's 3,011 sq ft. base provides ample space for expansion or additional business ventures. The property is located at 113 SW 5th Avenue, Okeechobee, FL 34974, and is offered at $559,000. The versatile nature of this property presents a compelling opportunity for entrepreneurs seeking a profitable investment with multiple income streams. The building and the gym business can be sold separately, allowing for flexible investment strategies. This is a rare chance to acquire a well-established business and a substantial property in a growing Florida community. The lot size is not specified.

Highlights

  • Asking price: $559,000.
  • Special purpose property built in 1948.
  • Includes a thriving gym with 75 active members (gym business can be sold separately).
  • Features a fully remodeled, leased 1-bed/1-bath apartment generating $1,500 monthly rental income.
  • Offers 3,011 sq ft of additional space for various business ventures.

Property Details for 113 5Th Ave

Property type
Specialty properties
Year Built
1948

Location Insight

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

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
113 5Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message