Price Reduced 15.71%

$295,000 ($5.42 per sqft)

Est. Mortgage $1,569/mo *

Quick Pre-Approval

Price History

$350,000
7/25/2024

$295,000
11/17/2024


20219 NW 248th STREET, Okeechobee, FL, 34972

20219 NW 248th STREET, Okeechobee, FL, 34972

9 rooms

4 beds

2 Full / 1 Half baths

2024

54,450 sqft

UNIQUE OPPORTUNITY! 1.25 Acres in Residential and Agricultural Zone with Home and Multiple Income Potential This property combines comfort, nature, and multiple income streams, featuring a **4-bedroom, 3-bathroom home**, perfect for a family residence, Airbnb, or a farm project. Additionally, you can acquire the adjacent lot to expand to a total of **2.5 acres**, multiplying its potential. KEY FEATURES: - **Expansion Potential**: Imagine utilizing the land to add RV units, creating a space for short-term rentals, glamping, or recreational areas. A perfect opportunity to generate diversified income! - **Ideal for Airbnb and Events**: Spacious home with a setting that lends itself to recreational activities and events, attracting a wide range of guests. - **Outdoor Activities**: Just 5 minutes from a fishing lake and hundreds of acres of recreational trails for ATVs and 4x4 vehicles, which you can also rent to boost your income. - **Private Artificial Lake**: Perfect for tilapia farming, livestock, or as an additional attraction for guests. PRIME LOCATION: - Only **8 minutes from Kissimmee Prairie National Park**, offering easy access to nature and an unmatched atmosphere of tranquility. - **High and dry land**, a unique feature in the area, perfect for residential or agricultural projects. MULTIPLY INCOME With **2.5 acres available** and space for developing projects like RV installations, glamping, or events, this property offers endless opportunities to generate additional income, from recreational rentals to agricultural activities. Your private paradise awaits! Don't miss this unique investment opportunity. Contact us today to schedule a visit and explore all the possibilities this property has to offer. Turn your ideas into reality! The buyer has the opportunity to separately purchase the adjoining lot with the address 20271NW 248th St to expand the property to 2.5 acres for $55.000..


Status:

Active

Type:

Single-family residential

Laundry Remarks:

None

Subdivision:

SOUTHERN COLONIZATION COMPANY

Heating:

Central

Cooling:

Central Air

Acreage:

1.25

Est. Taxes:

$481

Construction

Wood Frame

Utilities

Electricity Available, Other, Sewer Available, Water Available

Days on Market:

115

Appliances:

Cooktop, Kitchen Reverse Osmosis System, Refrigerator

Min Lease Term:

1 Month

MLS #:

C7495723


Community Info

School Info

Walk Score

Yelp



Listing courtesy of EXP Realty Phone: 888-883-8509