8146 Okeechobee Blvd

Ownership and recorded sale history

What has actually traded in Vista Park / West Okeechobee

Recorded transactions for office properties in the western Okeechobee and Vista Parkway office parks, narrowed to the buildings closest to this one in size and age.

Reading this against the corridor

The county assesses this building at $226/SF. Recorded sales of office properties in Vista Park / West Okeechobee since 2021 have a median of $226/SF, across a range of $113/SF to $420/SF.

Across those 4 recorded sales, the median sale price came in at 1.12× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

At 13,371 SF this is a smaller building than the 32,608 SF median for office properties trading here. Smaller footprints in this segment typically transact at a higher price per square foot.

By footprint it sits in roughly the 0th percentile of office properties that have traded in this corridor — 5 of the 5 recorded sales were of larger buildings.

The assessment works out 0% above the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

The lot runs 3.8× the building footprint — 50,576 SF of land under 13,371 SF of structure. Ratios that wide are usually where expansion or redevelopment questions start.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage