$379,000
Commercial property
1,296 SF building0.26 acres lot
$292/SF (asking price ÷ building area)
14448 E State Road 78Okeechobee, FL 34974
Listing courtesy of ANDERSON REALTY CO · MyStateMLS #12025797
$613,000
Commercial property (from the listing description) · MLS 12045500 · Listed 11 days ago (Oct 24, 2026)
Active: Listed and available according to the MyStateMLS feed.
Priced to sell. Hollywood triplex with in-place income and redevelopment potential, just west of Federal Highway (US-1). Three units, about 1,337 sq ft in total, on a 5,278 sq ft lot: a 2 bed/1 bath at $1,500/month, a 1 bed/1 bath at $1,590/month and a studio/1 bath at $1,200/month. Gross rents $4,290/month ($51,480/year), all month-to-month; the tenants would like to stay, knowing rents need to rise to market. Pro forma NOI about $21,595/year, with insurance estimated for a new owner (seller-reported, buyer to verify). Keep the income, bring rents to market, renovate, or live in one unit and rent the other two. Zoned ND-1 (North Downtown District). Directly across the street, a 1.4-acre Federal Highway site sold to a developer in January 2026. Buyer to verify permitted uses, density and square footage with the City of Hollywood. Moments from ArtsPark at Young Circle, Downtown Hollywood, the beach and I-95. Built in 1924 with classic Old Florida character. All appliances included. Sold as-is. A complete walkthrough video is available upon request. Showings by appointment only, after a written offer is submitted, with 24-hour notice to tenants. Please do not disturb the occupants or walk the perimeter. Some photos are digitally altered (virtual staging, possible improvements, AI concept renderings). Unaltered originals precede each one. No permits applied for. Also listed as Residential Income, ML# A12112305.
Description provided by the listing brokerage.
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
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Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
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Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.
Listing last modified at the source Oct 28, 2026, 5:04 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 3:01 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.