Hotel Motel and RV
For Sale
$1,299,990
10-1421 S Parrott Ave, Okeechobee, FL 34972
A 10-room motel with rear and side RV/manufactured home lots, with infrastructure underway to add additional sites.
Property SizeContact for details
Days on Market96
Property Features for 10-1421 S Parrott Ave
General Information
Standard status
Active
Additional Details
Business Included
Yes
Listing Agency:
Miami Waterfront Realty
Listed By:
Richard Feldman · License #3249105
(305) 970-2884
Source:
Exprealty
Added: May 31
Changed: Aug 31
Last Checked: Sep 2 at 1:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miami Waterfront Realty
Investment Insights
Based on property information with market context.
This property operates as a combined hospitality and manufactured housing community, featuring a 10-room motel currently in expansion. The site also includes long-term apartment unit accommodations and existing RV/manufactured home lots positioned to the rear and side of the property. Recent vacancies were filled with long-term local tenants, and the current owner is adding seven additional RV/manufactured home sites, with electrical and plumbing infrastructure included as part of the expansion.
The motel and RV/manufactured home components are located at 1422 US-441 in Okeechobee, Florida. An adjacent portion of land has been historically utilized for RV placement for more than 20 years; however, part of that area may involve state ownership. The seller notes that due diligence will be required to confirm legal use and future entitlement for any additional expansion beyond the current footprint.
For buyers and operators seeking a two-part hospitality and long-term lodging platform, the property provides an established motel configuration alongside an active RV/manufactured home lot layout. Expansion work is already in progress for additional RV/manufactured home sites, and a rent roll is available upon request with a signed NDA to support underwriting and planning.
The motel and RV/manufactured home components are located at 1422 US-441 in Okeechobee, Florida. An adjacent portion of land has been historically utilized for RV placement for more than 20 years; however, part of that area may involve state ownership. The seller notes that due diligence will be required to confirm legal use and future entitlement for any additional expansion beyond the current footprint.
For buyers and operators seeking a two-part hospitality and long-term lodging platform, the property provides an established motel configuration alongside an active RV/manufactured home lot layout. Expansion work is already in progress for additional RV/manufactured home sites, and a rent roll is available upon request with a signed NDA to support underwriting and planning.
Key Highlights
- 10‑room motel on US‑441 in Okeechobee, FL 34974, currently being expanded to 10 rooms
- Property includes existing RV/manufactured home lots located to the rear and side of the motel
- Owner is adding 7 additional RV/manufactured home sites with electrical and plumbing infrastructure underway
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34972, FL
19,514
Population
7,004
Households
2.8
Avg Household Size
37
Median Age
15%
College-Educated
77%
High-School Grad
854.4 sq mi
ZIP Area
23
Density / Sq Mi
$53,902
Median Household Income
$33,612
Median Earnings
$994
Median Rent
$193,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Downtown Venue — 120 SW 7th Ave, Okeechobee, FL 34974
- Budget Inn Okeechobee — 201 S Parrott Ave, Okeechobee, FL 34974
- Hampton Inn Okeechobee - Lake Okeechobee — 1200 FL-70, Okeechobee, FL 34972
- Economy Inn — 507 N Parrott Ave, Okeechobee, FL 34972
- Travelers Inn — 601 N Parrott Ave, Okeechobee, FL 34972
Frequently Asked Questions
What type of property is this?
Motel - A 10-room motel with rear and side RV/manufactured home lots, with infrastructure underway to add additional sites.
Where is this motel located?
The property is located at 10-1421 S Parrott Ave Okeechobee, FL.
What is the asking price?
The asking price for this property is $1,299,990.
What are key features of this property?
This property features: 10‑room motel on US‑441 in Okeechobee, FL 34974, currently being expanded to 10 rooms; Property includes existing RV/manufactured home lots located to the rear and side of the motel; Owner is adding 7 additional RV/manufactured home sites with electrical and plumbing infrastructure underway
