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Bean Group
Offered at $890,000Active
beds
5
baths
5
sq ft
3,684
Built
1988

7866 U.S. 441

Okeechobee, FL 34974

About this home

Unique waterfront opportunity in Okeechobee! This beautifully updated single-story multi-family property offers 5 bedrooms, 4.5 bathrooms, and 3,684 sq. ft. of living space situated on a spacious double lot with endless possibilities for future expansion or additional income.The property features two separate residences. The front home offers 2 bedrooms and 1 bathroom and is currently leased for $1,900 per month, providing immediate rental income. The rear home features 3 bedrooms and 3 full bathrooms and is successfully operated as a short-term rental, generating approximately $5,000 to $7,000 per month. Tastefully renovated with a modern kitchen, durable laminate flooring throughout, and contemporary finishes, this property is truly move-in and investment ready. Outside, enjoy a 4-car garage, a boat shed, and a private dock accommodating approximately four boats, making it ideal for boating enthusiasts and waterfront living. Whether you're looking for a primary residence with rental income, a multi-generational property, or a high-performing investment, this unique offering checks every box. The expansive double lot provides room for future development (subject to zoning and approvals), adding even more long-term value. End each day with breathtaking Okeechobee sunsets from your own backyard. A rare opportunity to own a versatile waterfront property with multiple income streams and incredible growth potential. NO HOA! Schedule your private showing today!

Listing last checked: Listing updated:

Listed by Hiliany Esther Munguia · Clients 1st Realty, Inc · MLS #B26056551

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Details at a glance

Interior3 property facts
Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Laminate, Tile
Building5 property facts
Style
Single Family Residence
Year built
1988
Garage
4
Parking
13
Roof
Aluminum
Land & utilities5 property facts
Lot size
0.99 acres
Water
Well
Sewer
Septic Tank
Waterfront
Y
Zoning
30 - County
Financial2 property facts
Annual taxes
$9,595
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $890,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$5,300 / monthAdjust
Principal & interest
$4,500
Property tax
$800
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $9,595. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Comparable properties 1 supplied

Sold Sep 8, 2026

$955,000

4305 SW COUNTRY Place

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About 7866 U.S. 441

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Request a tour of 7866 U.S. 441 and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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