102 SW 14TH STREET, Okeechobee, FL, 34974 | $2,499,900

Prime Retail/Restaurant Opportunity in Okeechobee’s Booming Growth Corridor Seize this rare opportunity to acquire a once-thriving 4, 580± SF restaurant facility with an additional 2, 500± SF of prime retail/office space—perfect for expansion, lease income, or potential condo resale. Situated on a 1-acre corner lot with full median turn access, this high-exposure site offers exceptional visibility, signage, and abundant parking along one of Okeechobee’s busiest commercial arteries. Located just 1 mile north of Walmart and positioned directly on the main retail route to Home Depot, Aldi, and Publix, this property sits at the heart of Okeechobee’s most dynamic trade area. Surrounding development includes new residential communities and the planned Bass Pro Fishing Resort at Lake Okeechobee, projected to bring a surge of tourism, jobs, and retail traffic to the region. Whether you’re an owner-operator seeking to reopen or reimagine a restaurant in a proven location—or an investor pursuing strong income potential and long-term appreciation—this property offers unmatched upside and flexibility. The additional 2, 500 SF can be separately leased or sold as an office/retail condo, providing immediate value-add potential. Highlights: 1-acre corner lot with full median cut & high visibility 4, 580± SF restaurant + 2, 500± SF flex/office or retail space Excellent parking, signage, and traffic flow 1 mile north of Walmart / near Aldi, Publix & Home Depot Within Okeechobee’s fastest-growing retail & residential corridor Zoned for commercial use with multiple reconfiguration options Surrounded by major retail, new housing, and destination development Act fast—properties with this much exposure, access, and potential are rarely available in Okeechobee’s expanding retail corridor.

Features

  • Property Type: Retail
  • Construction: Concrete
  • Cooling: Central Air
  • Year Built: 2000
  • Acreage: 1.03
  • Est. Taxes: $688,653
  • MLS#: L4957452
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/L4957452/102sw14thstreet_okeechobee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 1/14/2026 3:17:08 PM)
Listing courtesy of ADVANTAGE REALTY 1   Phone: 863-386-1111

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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102 SW 14TH STREET, Okeechobee, FL, 34974

$2,499,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,999,920 $1,999,920 $1,999,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.229% 6.007% 5.952%
Monthly Tax Payment $57,388 $57,388 $57,388
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,355 $11,830 $16,608
Total Monthly Payment $68,868 $69,343 $74,121

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.