$1,298,000
Okeechobee, FL 34974
MLS# M20054730
3152 sqft
1 / 20
Property 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
Details
Maps
Contract Information
Comp Sale YN: No
Seller Represented YN: Yes
Listing Date: 2026-03-07
Status: Active
Original List Price: 1400000
List Price: $1,298,000
Current Price: $1,298,000
Location and Legal
County Or Parish: Okeechobee
County Parish Name: Okeechobee
City Name: Okeechobee
Postal Code: 34974
Building Name: 32
Country: United States
Street Number: 1422
Street Name: Us Highway 441
Street Suffix: Way
Street Direction Suffix: SE
Unit Number: 32
State Or Province: FL
Area: 6220 - SE County (OK)
Parcel Number: R13437350A0000022A000
General Property Information
Lot Size Area: 60417.72
Stories Total: 1
Property Sub Type: Hotel/Motel
Building Area Main: 3152
Year Built: 1972
Parking Total: 100
Lot Size Acres: 1.39
Currently Not Used
Ownership Type: Limited Partnership
Office/Member Information
DXORIGMLSID: MRT
Property Condition
Resale: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Heating
Central: 1
Central Individual: 1
Electric: 1
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Listing Terms
Cash: 1
Conventional: 1
Cooling
Central Air: 1
Central Building: 1
Central Individual: 1
Showing Requirements
Schedule Online: 1
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
Originating Details
Originating System Key: 586917384
Originating System ID: M00000165
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
Listing Office: Miami Waterfront Realty
Last Updated: November - 02 - 2026
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