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1422 US Highway 441, Okeechobee FL 34974

Multi-family For Sale
$1,299,999

BTC: 20.31248438

ETH: 730.33651685

3 days
Waterfront
0 room(s)
3,600 sqft

Overview

Stabilized income producing property. Two parts: Hotel/Motel/Long Term Apartment Building and RV Manufactured Homes Park. Two in One. This is a 10-room motel currently at capacity, 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.

Location

Florida • Okeechobee • 34974 • Multi-family • For Sale • Waterfront

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1972
Lot:
No Data
Heating:
Central
Price/sqft:
$361
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Highlights

Annual tax
$5,000
2026
Waterfront
Canal Front, Lake
Parking
100 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

  • Other Property Information

    • Parcel Number: 1-34-37-35-0A00-00022-A000

    • Zoning: C

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $5,000

  • Source details

    • MLS ID: A12028213

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1 To Less Than 2 Acre Lot

    • Architectural Style: Other

    • Waterfront: Yes

    • Living Area: 3600

    • Subdivision Name: KickBack Inn & RV Park MHP

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34974
60
median $207K
Active
Same city
Okeechobee
237
median $78K
Active
Same type
Multi-family
2
median $1.1M
Active
Similar price
$909K – $1.7M
9
median $1.2M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Miami Waterfront Realty