Business Opportunity · Commercial
400 S Parrott Avenue, Okeechobee FL 34974, OKEECHOBEE, FL, 34974
Active290 days on marketListed Oct 23, 2025MLS #R11134728
About this property
The property at a glance
Own a thriving dry-cleaning business and 3-unit commercial building in one of Okeechobee's busiest areas—directly across from Aldi and on the main route to Home Depot, Walmart, and Publix. The sale includes the profitable dry-cleaning operation with many opportunities for growth, plus two additional retail units ready to lease for extra income. Excellent visibility, signage, and parking along one of the city's most traveled roads. Located in a fast-growing area with new home communities coming and the planned Bass Pro Fishing Resort at Lake Okeechobee, driving both residential and tourism traffic. A perfect investment for entrepreneurs or investors seeking income and long-term value.
3,880
Building sq ft
$309
Price / sq ft
0
Lot sq ft
1982
Year built
Retail
Zoning
Commercial
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
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.
$450,000
3495 US Highway 441, Okeechobee FL 34974
Sold Oct 31, 2025
$1,042,000
4664 441, Okeechobee FL 34974
Sold Dec 23, 2024
$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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