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SW 6th Street - Emerald Greens Apartments

19.1 Acres of Commercial Land Offered at $4,000,000 in Okeechobee, FL 34974

Investment Highlights

  • 19.10 acres of prime shovel-ready development in Okeechobee offers approved plans for 191 first-class residential units among 18 two-story structures.
  • A proposed storage facility for community residents provides storage solutions for peace of mind for personal items.
  • A central lake with a walking path will provide views to the majority of units, while four proposed parks offer plenty of green space options.
  • Identification and regulatory signage shall comply with all state and city code regulations and provide direct access to water, sewer, and utilities.

Executive Summary

Explore an unparalleled land acquisition opportunity in the heart of Downtown Okeechobee by introducing a vibrant residential community, the Emerald Greens Apartments. This exceptional 19.10-acre parcel, strategically located at the corner of SW 6th Street and SW 10th Avenue, is poised for development with approved plans and is shovel-ready.

Envision 191 modern units distributed across 18 charming two-story structures, each arranged to maximize views of the property's exceptional amenities. Residents will enjoy serene central lake views with a scenic walking path, ample multi-use open spaces, four family-friendly parks, and preserved wetland areas. The community will also benefit from a well-appointed entry featuring elegant hardscaping, landscaping, and preserved native trees. The development includes direct access to essential water, sewer, and utilities, ensuring a smooth construction process. A proposed storage facility will also cater to residents' personal and storage needs, providing convenience and security. Compliance with all state and city regulatory signage requirements ensures a seamless integration into the community.

Nestled in Downtown Okeechobee, future residents will have access to ample local amenities, including retailers, restaurants, medical services, three preschools, eight elementary schools, six middle schools, and five high schools. Emerald Greens is set to transform the burgeoning city of Okeechobee, making this a discerning investment opportunity for investors seeking thrilling new endeavors in South Central Florida.

Property Facts

Price $4,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
Total Lot Size 19.10 AC
Cross Streets SW 10th Avenue

1 Lot Available

Lot

Price $4,000,000
Price Per AC $209,424
Lot Size 19.10 AC

Emerald Greens Apartments will feature 190 rental units with 190 separate storage units and convenient office space.

Description

The development includes direct access to essential water, sewer, and utilities, ensuring a smooth construction process. A proposed storage facility will also cater to residents' personal and storage needs, providing convenience and security. Compliance with all state and city regulatory signage requirements ensures a seamless integration into the community.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R3-15-37-35-0010-02020-0240
Land Assessment
$600
Improvements Assessment
$0
Total Assessment
$600

zoning

Zoning Code RMF (Residential Multifamily)
RMF (Residential Multifamily)
  • Listing ID: 32792767

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: SW 6th Street, Okeechobee, FL 34974

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