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1422 Us Highway 441 Way Se, Unit 32, Okeechobee, FL 34974

$1,400,000

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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

1422 Us Highway 441 Way Se, Unit 32 | MLS# M20054730

This commercial property located at 1422 Us Highway 441 Way Se, Unit 32, Okeechobee, FL 34974 is currently listed for sale with an asking price of $1,400,000. Search Okeechobee real estate on jerryhatley.watsonrealtycorp.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Central, Electric, Individual
Lot Size: 1.39 Acres
Stories: 1.0
Taxes: $8,000
Year Built: 1972

Feature Descriptions

Crops Included Y/N: No
Days on Site: 7
Exterior: Block, Frame, Manufactured, Concrete
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: Cash, Conventional
Ownership: Limited Partner
Parcel#: R13437350A0000022A000
Property Attached Y/N: No
Property Sub-Type: Hotel/Motel

Listed By / Shown By

Listed By

Agency Name: Miami Waterfront Realty
Agency Contact: 305-970-2884

Shown By

Agent Name: Jerry Hatley
Agent Phone: (407) 252-7142
Agency Title: Watson Realty Corp., REALTORS ®

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