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    104 NE 6Th Ave Okeechobee, FL 34972

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    For Sale
    $699,000

    Motel, storage, and parking near Highway 70.

    Lot size:
    0.98 Acres

    Property Features for 104 NE 6Th Ave

    General Information

    Lot size
    0.98 Acres

    Building Details

    Year built
    1964

    Source: TWO TEN REALTY Agent Wendy Luaces-Moreno

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Motel and Parking

    Located 150 feet from Highway 70, this property features three structures on its western half. Two of these structures are currently operating as a hotel/motel. The third structure is used for storage. The eastern half of the property is utilized as a parking area. The location offers proximity to shopping and restaurants.
    Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hampton Inn Okeechobee - Lake Okeechobee, Budget Inn Okeechobee, Economy Inn, Travelers Inn, The Downtown Venue

    Location Insight

    • Map
    • Local Demand
    City
    Okeechobee
    County
    Okeechobee
    State
    Florida
    Longitude
    -80.8235021
    Latitude
    27.2444777

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    FAQs

    What type of property is this?
    Motel - Motel, storage, and parking near Highway 70.
    Where is this motel located?
    The property is located at 104 NE 6Th Ave Okeechobee, FL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Highway 70 location offers accessibility.; - Existing hotel/motel business opportunity.; - Two structures currently used for lodging.
    (863) 634-9090
    Request Owner's contact information
    104 NE 6Th Ave Okeechobee, FL 34972
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    Okeechobee, FL 34972
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    104 NE 6Th Ave Okeechobee, FL 34972
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