1422 Us Highway 441 Way SE 32, Okeechobee, FL 34974

$1,298,000

Virtual Tour

https://youtube.com/shorts/ndCtGwNsHhg

Property Type: Commercial Sale Square Footage: 3,152 Status: Active

Current Price: $1,298,000 List Date: 5/27/2026 Last Modified: 11/03/2026

Overview

Description

Stabilized income producing property. Two parts: Hotel/Motel/Long Term Apartment Building and RV Manufactured Homes Park. Two in One. This is a 9-room motel currently being expanded to 10 rooms, complemented by existing RV/manufactured home lots located to the rear and side of the property. The attached rent roll reflects three recent vacancies that were filled over the weekend with long-term local tenants, stabilizing occupancy.The current owner is in the process of adding seven additional seven (7) RV/manufactured home sites, including electrical and plumbing infrastructure. There is an adjacent portion of land historically utilized for RV placement for over 20 years, though part of that area may involve state ownership. This will require proper due diligence to confirm legal use and future entitlement. If validated, it presents meaningful expansion potential beyond the current footprint. Rent roll is available upon request and signed NDA.FAQ: https://tinyurl.com/4bffzuvx

Listing Details MLS# M20054730

General Property Information

Property Sub Type: Hotel/Motel
Building Area Main: 3152
Year Built: 1972
Parking Total: 100
Lot Size Area: 60417.72
Lot Size Acres: 1.39
Stories Total: Yes

Property Features

Heating: Central; Central Individual; Electric Possession: Close Of Escrow; Negotiable Property Condition: Resale Construction Materials: Block; Concrete; Frame Cooling: Central Air; Central Building; Central Individual Listing Terms: Cash; Conventional Showing Requirements: Schedule Online

Contract Information

Comp Sale YN: No
Original List Price: 1400000
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Okeechobee
County Parish Name: Okeechobee
Street Number: 1422
Street Name: Us Highway 441
Street Suffix: Way
Street Direction Suffix: SE
Unit Number: 32
City Name: Okeechobee
State Or Province: FL
Postal Code: 34974
Area: 6220 - SE County (OK)
Parcel Number: R13437350A0000022A000
Building Name: 32

Financial Information

Tax Annual Amount: 8000
Tax Year: 2025
Tax Legal Description: FROM THE HANCOCK MEANDER CORNER BETWEEN SECTIONS 34 AND 35, TOWNSHIP 37 SOUTH, RANGE

Status Change Information

Major Change Timestamp: 2026-08-31T20:04:32Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-31T20:04:32Z
Status Change Date: 2026-05-27

More Information

Originating Details

Originating System Key: 586917384
Originating System ID: M00000165

Listing Office: Miami Waterfront Realty

Last Updated: November - 03 - 2026

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1422 Us Highway 441 Way SE 32, Okeechobee, FL 34974 (MLS# M20054730)