Commercial Sale · Retail
400 S Parrott Avenue, Okeechobee FL 34974, OKEECHOBEE, FL, 34974
Active289 days on marketListed Oct 23, 2025MLS #R11134610
About this property
The property at a glance
Exceptional opportunity to own a 3,880 sq. ft. 3-unit commercial building and thriving dry-cleaning business in one of Okeechobee's highest-traffic areas—directly across from Aldi and on the main route to Home Depot, Walmart, and Publix. Sale includes the building, profitable dry-cleaning operation, one established tenant, and one additional retail space ready for lease. Excellent visibility, signage, and parking. Located amid Okeechobee's growth corridor with planned new Home communities and the planned Bass Pro Fishing Resort at Lake Okeechobee—bringing jobs, tourism, and higher retail demand. Ideal for investors or owner-operators seeking strong income and long-term appreciation.
3,880
Building sq ft
$309
Price / sq ft
0.24
Lot acres
1982
Year built
3
Units
City
Zoning
Retail
Property type
The numbers
Investment snapshot
$400,000
Price / unit
3
Units
Estimated payment (illustrative)
Estimated payment
$5,836/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
23,994
Population
$50,671
Median income
48.1
Median age
2.26
Avg household
$162,900
Median home value
$958/mo
Median rent
2,418
Households w/ kids
Recent sales
What actually sold near 400 S Parrott Avenue
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$35,000
701 NE 14 Avenue, Okeechobee FL 34972
Sold Dec 17, 2025
$975,000
2002 S PARROTT AVENUE
4,208 sqft · $232/sqft · Sold Oct 30, 2025
$1,500,000
2625 Us 441, Okeechobee FL 34974
Sold Jul 3, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 400 S Parrott Avenue — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 400 S Parrott Avenue.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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