CENTURY 21 Edge
Retail

Commercial Sale · Retail

$2,499,9007,848 sq ft$319 /sq ft1.03 acres

102 SW 14TH STREET, OKEECHOBEE, FL, 34974

Active260 days on marketListed Nov 20, 2025MLS #L4957452

About this property

The property at a glance

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.

7,848

Building sq ft

$319

Price / sq ft

1.03

Lot acres

2000

Year built

1

Building

Retail

Property type

Building size7,848 sq ft
Lot size1.03 acres
Year built2000
Buildings1
ConstructionConcrete
CoolingCentral Air
Annual taxes$688,653

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% · $624,975
Interest rate6.00%
Loan term

Estimated payment

$68,789/mo

Principal & interest$11,241
Property taxes (actual bill)$57,388
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 Kevin 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

TruistBank0.3 mi
ALDIGrocery0.6 mi
Walmart SupercenterGrocery0.6 mi
The Home DepotRetail0.8 mi
Dunkin'Restaurant0.9 mi
Papa John'sRestaurant0.9 mi
SubwayRestaurant0.9 mi
CVS PharmacyBank0.9 mi
Holiday Inn Express & Suites Lake OkeechobeeLodging0.9 mi
Regions BankBank0.9 mi
WalgreensBank0.9 mi
Wendy'sRestaurant0.9 mi
Burger KingRestaurant1 mi
Taco BellRestaurant1 mi
McDonald'sRestaurant1 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 102 SW 14TH STREET

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

Kevin Johnson

Your agent

Kevin Johnson

CEO & Managing Broker · CENTURY 21 Edge

Tours, offers, and every question about 102 SW 14TH STREET — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 102 SW 14TH STREET.

See it in person

Schedule a tour

Live availability from Kevin's calendar — pick a time and it's booked.

Listing courtesy of ADVANTAGE REALTY 1 · Gregory Karlson. MLS #L4957452.

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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