Rui Ma
✦ Retail

Commercial Sale · Retail

$999,90043,372 sq ft$23 /sq ft1 acres

1702 S PARROTT AVENUE, OKEECHOBEE, FL, 34974

Active832 days on marketListed Apr 24, 2024MLS #L4944263

About this property

The property at a glance

Prime Retail 1+-Acre Commercial Site north Walmart Traffic Light 28,000 DOT Traffic Count! Ideal site size & location for franchise: restaurants, C-Stores, Medical, Retail, etc.

43,372

Building sq ft

$23

Price / sq ft

1

Lot acres

1955

Year built

1

Building

COMMERCIAL

Zoning

Retail

Property type

Building size43,372 sq ft
Lot size1 acres
Year built1955
Buildings1
ZoningCOMMERCIAL
ConstructionOther
CoolingOther
Annual taxes$2,424

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)

Down payment25% · $249,975
Interest rate6.00%
Loan term

Estimated payment

$4,858/mo

Principal & interest$4,496
Property taxes (actual bill)$202
Est. insurance$160

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 Rui to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

28,000vehicles / day · 2025Charl W Harveymemhwy to Sw 9th St · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Walmart SupercenterGrocery0.4 mi
The Home DepotRetail0.5 mi
TruistBank0.6 mi
Holiday Inn Express & Suites Lake OkeechobeeLodging0.7 mi
ALDIGrocery0.8 mi
Winn-DixieGrocery0.9 mi

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 1702 S PARROTT AVENUE

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

701 NE 14 Avenue, Okeechobee FL 34972

$35,000

701 NE 14 Avenue, Okeechobee FL 34972

Sold Dec 17, 2025

2002 S PARROTT AVENUE

$975,000

2002 S PARROTT AVENUE

4,208 sqft · $232/sqft · Sold Oct 30, 2025

2625 Us 441, Okeechobee FL 34974

$1,500,000

2625 Us 441, Okeechobee FL 34974

Sold Jul 3, 2026

Your team

The pros in your corner

Rui Ma

Your agent

Rui Ma

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 1702 S PARROTT AVENUE — start here.

CallText
rui.ma@c21edge.com
Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 1702 S PARROTT AVENUE.

Get in touchCall
aacosta@prmg.net

See it in person

Schedule a tour

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Keep looking

Similar properties nearby

400 S Parrott Avenue, Okeechobee FL 34974

$1,200,000

400 S Parrott Avenue, Okeechobee FL 34974, OKEECHOBEE

Retail

806 NW 9th Street, Okeechobee FL 34972

$975,000

806 NW 9th Street, Okeechobee FL 34972, OKEECHOBEE

Commercial

Listing courtesy of ADVANTAGE REALTY 1 · Gregory Karlson. MLS #L4944263.

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 Stellar MLS.

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