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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1422 Us Highway 441 , Okeechobee, FL 34974
$1,299,900
Est. Payment: $2,888.67/mo
32 Bed
32 Bath
3600 Sqft
Status: Active | Days on site: 92
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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.
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Highlights

Listed by Richard Feldman , 305-970-2884 and Constance Murray , 305-970-2884 Miami Waterfront Realty , 305-970-2884.

Property Type

Multi-Family

Year Built

1972

County

Okeechobee

Area

6210 NE Okeechobee County

 Neighborhood

KickBack Inn & RV Park MHP

Listing ID

A12028213

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:32
  • ▪ Bathrooms:32
  • ▪ Full Bathrooms:
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Tile

Exterior Features

Lot:1-2 Acres
Garage Capacity:100
Zoning:C
Roof:Shingle
Sewer:Public Sewer
Principal Interest
$2,889
Taxes
$417

Home Price

$1,299,900

Loan Details

30 yrs
%

Down Payment

20%
$259,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,888.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,888.67 $416.67 $0.00 $3,305.33
Yearly $34,664.00 $5,000.00 $0.00 $39,664.00
Total $1,039,920.00 $150,000.00 $0.00 $1,189,920.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

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Market insight data is pulled from the same city as the listing being viewed (Okeechobee, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.