Hotel Motel and RV
10-1421 S Parrott Ave Okeechobee, FL 34972
10-1421 S Parrott Ave, Okeechobee, FL, 34972
$1,299,994
For Sale
$1,299,994
A 10-room motel with rear and side RV/manufactured home lots, with infrastructure underway to add additional sites.
Days on Market41
Property Features for 10-1421 S Parrott Ave
General Information
- Standard status
- Active
Listing Agency
Miami Waterfront Realty
(305) 970-2884
Listed by
Richard Feldman · License #3249105
(305) 970-2884
Source
Exprealty
Added: Jun 9 Checked: Jul 19 at 6:54 am
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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
Location Intelligence
Current Use by Public Records
Motels
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Similar Off Market Nearby
- Hampton Inn Okeechobee - Lake Okeechobee — 1200 FL-70, Okeechobee, FL 34972
- Budget Inn Okeechobee — 201 S Parrott Ave, Okeechobee, FL 34974
- Economy Inn — 507 N Parrott Ave, Okeechobee, FL 34972
- Travelers Inn — 601 N Parrott Ave, Okeechobee, FL 34972
- The Downtown Venue — 120 SW 7th Ave, Okeechobee, FL 34974
FAQs
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 $1,299,994.
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
