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Okeechobee Income-Producing Property
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1422 US-441, Okeechobee, FL 34974

Hotel/Motel, apartments, and RV park on US-441.

Property SizeContact for details
Days on Market172

Property Features for 1422 US-441

General Information

Standard status Active
Class B
Property subtype Hospitality, Mixed Use, Mobile Home Park, Multifamily
Zoning C (Commercial)
Occupancy 100%
Investment Type Stabilized

Building Details

Year Built 1972
Year Renovated 2026
Buildings 1
Stories 1
Units 60418
Listing Agency: Jeremiah Baron & Co. Commercial Real Estate LLC
Listed By: Matthew Mondo · License #FL SL3445909
Source: Crexi
Added: Mar 2 Changed: Aug 8 Last Checked: Aug 8 at 6:32AM

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 stabilized income-producing property at 1422 US-441, Okeechobee, FL 34974, comprises a hotel/motel/long-term apartment building and an RV/manufactured home park. The property features a 9-room motel, currently being expanded to 10 rooms, along with existing RV/manufactured home lots. Recent vacancies have been filled with long-term local tenants, stabilizing occupancy. The current owner is adding seven additional RV/manufactured home sites, including electrical and plumbing infrastructure. An adjacent portion of land has been historically utilized for RV placement for over 20 years, though part of that area may involve state ownership, requiring due diligence to confirm legal use and future entitlement. If validated, it presents meaningful expansion potential beyond the current footprint. The property includes parcel 1-34-37-35-0A00-00022-A000.

Key Highlights

  • Stabilized income‑producing property with hotel/motel/long‑term apartment and RV/manufactured home park components.
  • Expansion potential with the addition of seven new RV/manufactured home sites, including electrical and plumbing.
  • Recent vacancies filled with long‑term local tenants, stabilizing occupancy.

Property Analytics

Current Use

Motels

Suggested Use

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

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

65
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 - Hotel/Motel, apartments, and RV park on US-441.
Where is this motel located?
The property is located at 1422 US-441 Okeechobee, FL.
What is the asking price?
The asking price for this property is $1,199,700.
What are key features of this property?
This property features: Stabilized income‑producing property with hotel/motel/long‑term apartment and RV/manufactured home park components.; Expansion potential with the addition of **seven new RV/manufactured home sites**, including electrical and plumbing.; Recent vacancies filled with long‑term local tenants, stabilizing occupancy.
(772) 286-5744 Call to check price and availability
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