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Motel with RV Sites
For Sale
$1,299,994

1421 NE Us Highway 441 10 #10, Okeechobee, FL 34974

Lodging property paired with existing RV and manufactured home lots, plus an expansion underway.

Property Size3,152 SF
Days on Market88

Property Features for 1421 NE Us Highway 441 10 #10

General Information

Standard status Active
Size 3,152 SF
Zoning Commercial

Additional Details

Asking Price $1,299,999

Building Details

Building Size 3,152 SF
Listing Agency: Miami Waterfront Realty
Listed By: Richard Feldman · License #3249105
Source: Laerrealty
Added: Jul 21 Changed: Sep 4 Last Checked: Oct 16 at 6:15AM

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

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Investment Insights

Based on property information with market context.

This Okeechobee property combines a 10-room motel with RV and manufactured home lots positioned to the rear and side of the building. The motel component is being expanded to 10 rooms and also accommodates long-term local tenants, including three recent vacancies that have been filled.

The owner is adding seven RV and manufactured home sites with electrical and plumbing infrastructure. An adjoining area has reportedly been used for RV placement for more than 20 years, although a portion may involve state ownership. Any continued use or expansion of that area requires due diligence regarding legal use and future entitlement. The property is located at 1421 NE US Highway 441 in Okeechobee, Florida.

Key Highlights

  • 10‑room motel component
  • Existing RV and manufactured home lots behind and beside the motel
  • Seven additional RV/manufactured home sites being added

Property Analytics

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Current Use

Motels

Suggested Use

Top Pick HVAC Service Electrical Service Pharmacy (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34974, FL

23,699
Population
13,850
Households
1.7
Avg Household Size
50
Median Age
16%
College-Educated
83%
High-School Grad
376.7 sq mi
ZIP Area
63
Density / Sq Mi
$50,671
Median Household Income
$36,000
Median Earnings
$958
Median Rent
$162,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Similar Off Market Nearby

  • Hampton Inn Okeechobee - Lake Okeechobee — 1200 FL-70, Okeechobee, FL 34972

Frequently Asked Questions

What type of property is this?
Motel - Lodging property paired with existing RV and manufactured home lots, plus an expansion underway.
Where is this motel located?
The property is located at 1421 NE Us Highway 441 10 #10 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 component; Existing RV and manufactured home lots behind and beside the motel; Seven additional RV/manufactured home sites being added
More about this property
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