1422 US Highway 441 WAY SE #32, Okeechobee, FL 34974
1422 US Highway 441 WAY SE #32, Okeechobee, FL 34974
1422 US Highway 441 WAY SE #32, Okeechobee, FL 34974
1422 US Highway 441 WAY SE #32, Okeechobee, FL 34974
1422 US Highway 441 WAY SE #32, Okeechobee, FL 34974
1422 US Highway 441 WAY SE #32, Okeechobee, FL 34974
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Tera Parsons

Tera Parsons

+1(772) 260-6591
Listed by Richard Feldman • Miami Waterfront Realty • 305-970-2884
$ 1,400,000
Est. payment | /mo

1.39 Acres Lot

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$ 1,400,000
Est. payment | /mo
Save Virtual Tour

1.39 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel/ Motel

Listing Status Active

Purchase Type For Sale

Subdivision Okeechobee

MLS Listing ID M20054730

Construction Status Resale

Year Built 1972

Annual Tax Amount $8,000

Tax Year 2025

Lot Size 1.387 Acres

Acres 1.387

Property Sub-Type Hotel/ Motel

Property Description

Stabilized income producing property. Two parts: Hotel/Motel/Long Term Apartment Building and RV Manufactured Homes Park. Two in One. This is a 9-room motel currently being expanded to 10 rooms, complemented by existing RV/manufactured home lots located to the rear and side of the property. The attached rent roll reflects three recent vacancies that were filled over the weekend with long-term local tenants, stabilizing occupancy.

The current owner is in the process of adding seven additional seven (7) RV/manufactured home sites, including electrical and plumbing infrastructure. There is an adjacent portion of land historically utilized for RV placement for over 20 years, though part of that area may involve state ownership. This will require proper due diligence to confirm legal use and future entitlement. If validated, it presents meaningful expansion potential beyond the current footprint. Rent roll is available upon request and signed NDA.
FAQ: https://tinyurl.com/4bffzuvx

Location

State FL

County Okeechobee

Area 6220 Se Okeechobee County

Interior

Heating Central, Electric, Individual

Cooling Central Air

Fireplace No

Exterior

Total Parking Spaces 100

Building

Story 1

Construction Status Resale

Others

Tax ID R13437350A0000022A000

Ownership Limited Partner

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtube.com/shorts/ndCtGwNsHhg

Martin County REALTORS® of the Treasure Coast (MCRTC MLS)

Nearby Locations

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Tera Parsons
Tera Parsons

Agent | License ID: 3295190

+1(772) 260-6591

16654 SW Warfield Blvd, Indiantown, Florida, 34956, United States

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1422 US Highway 441 WAY SE #32