Commercial Sale · Income/MultiFamily
1421 NE US Highway 441 # 10, Okeechobee FL 34974, OKEECHOBEE, FL, 34974
Active70 days on marketListed May 31, 2026MLS #A12028139
About this property
The property at a glance
Hospitality 10 Keys | 22 Pads Room To Expand Hotel Motel Apt RV Park Kickback Inn & RV Park @ Lake Okeechobee in Sunny Florida Stabilized income producing property.? Two parts: Hotel/Motel/Long Term Apartment Building and RV Manufactured Homes Park. Two in One. MHP 1422 US-441, Okeechobee, FL 34974 This is a 10-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.? Asking Price: $1,299,999 Okeechobeepa Parcel: 1-34-37-35-0A00-00022-A000 Rent roll is available upon request and signed NDA.
3,152
Building sq ft
$412
Price / sq ft
60,112
Lot sq ft
Commercial
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$7,197/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
23,994
Population
$50,671
Median income
48.1
Median age
2.26
Avg household
$162,900
Median home value
$958/mo
Median rent
2,418
Households w/ kids
Recent sales
What actually sold near 1421 NE US Highway 441 # 10
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$540,000
5806 US Highway 441, Okeechobee FL 34974
Sold Dec 23, 2025
$1,500,000
2625 Us 441, Okeechobee FL 34974
Sold Jul 3, 2026
$450,000
3495 US Highway 441, Okeechobee FL 34974
Sold Oct 31, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1421 NE US Highway 441 # 10 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1421 NE US Highway 441 # 10.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Miami Waterfront Realty · Richard Feldman. MLS #A12028139.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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