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Hotel Motel and RV Park
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1421 NE US Highway 441 # 10, Okeechobee, FL 34974

Two-part stabilized property combining motel rooms and RV/manufactured home pads for long-term tenants.

Property Size3,152 SF
Price / SF$412.43
Days on Market72

Property Features for 1421 NE US Highway 441 # 10

General Information

Standard status Active
Size 3,152 SF
Class B
Property subtype Multifamily, Hospitality
Zoning Commercial

Additional Details

Business Included Yes

Building Details

Units 32
Tenancy Multi
Listing Agency: Jeremiah Baron & Co. Commercial Real Estate LLC
Listed By: Matthew Mondo · License #FL SL3445909
Source: Crexi
Added: Jun 1 Changed: Aug 8 Last Checked: Jun 6 at 5:02AM

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 Jeremiah Baron & Co. Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

This hospitality property operates as two components: a hotel/motel with a long-term apartment building, and an RV/manufactured home park with lots located to the rear and side of the site. The motel currently consists of 10 rooms and is being expanded as part of the current ownership. The attached rent roll indicates three recent vacancies were filled with long-term local tenants over the weekend, supporting stabilized occupancy.

The property is located on US Highway 441 in Okeechobee, Florida. In addition to the existing RV/manufactured home lots, the owner is adding seven additional RV/manufactured home sites, including electrical and plumbing infrastructure. There is also an adjacent portion of land that has been historically utilized for RV placement for over 20 years; however, part of that area may involve state ownership, which will require due diligence to confirm legal use and any future entitlement.

For an owner-operator or investor looking for a combined accommodation and RV-pad platform, this setup provides a straightforward way to manage hospitality units alongside long-term manufactured housing/RV placements. The seller has noted that a rent roll is available upon request with signed NDA, and expansion plans for the additional sites are already underway, subject to completion and any required approvals for surrounding acreage.

Key Highlights

  • Two‑part stabilized income property at 1422 US‑441, Okeechobee, FL: 10‑room motel plus rear/side RV or manufactured home lots.
  • Current setup includes motel rooms and existing long‑term local tenants; three recent vacancies were filled over the weekend.
  • Owner is adding seven additional RV/manufactured home sites, including electrical and plumbing infrastructure.

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Building Supply Hair Salon Auto Parts Store Restaurant (Bike/Boat/Book/etc) Store Electrical Service

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

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby
Well-served
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Similar Off Market Nearby

  • Okeechobee Motel & RV Park 1422 Hwy 441 SouthEast, 1422 US-441, Okeechobee, FL 34974
  • Rim Canal Motel & RV Park 1422 US-441, Okeechobee, FL 34974
  • Cypress Cove Apartments 685 US-441, Okeechobee, FL 34974
  • Travelodge Suites by Wyndham Lake Okeechobee 1527 US-441, Okeechobee, FL 34974
  • Days Inn & Suites by Wyndham Lake Okeechobee 2200 US-441, Okeechobee, FL 34974

Frequently Asked Questions

What type of property is this?
Motel - Two-part stabilized property combining motel rooms and RV/manufactured home pads for long-term tenants.
Where is this motel located?
The property is located at 1421 NE US Highway 441 # 10 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: Two‑part stabilized income property at 1422 US‑441, Okeechobee, FL: 10‑room motel plus rear/side RV or manufactured home lots.; Current setup includes motel rooms and existing long‑term local tenants; three recent vacancies were filled over the weekend.; Owner is adding seven additional RV/manufactured home sites, including electrical and plumbing infrastructure.
(305) 970-2884 Call to check price and availability
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