12766 US-441 - Multi-Family FOR SALE


Okeechobee, FL 34974
$4,250,000 USD
954-923-2325
12766 US-441, Okeechobee, FL for Sale
$4,250,000 USD
Multi-Family - FOR SALE
1/27
null | 7.89% Cap Rate

12766 US-441
Okeechobee, FL 34974


HIGHLIGHTS

  • Water’s Edge Motor Coach RV & Resort represents a compelling investment seeking stable cash flow with upside
  • Gated 30 Paved RV Campsites/Pads in Waterfront "Rim" Gated Community + Lakeside Cottage + 3 Overflow pads | 7.8% Cap Rate
  • Clubhouse, Pool, Dock, Tiki Hut, Boat Ramp
  • Unique Flexibility & Ongoing Revenue Stream - as an individually deeded RV resort Buyer has the ability to sell off individual pads on a condo basis.
  • This feature allows for the recapture of capital by retailing individual lots while still retaining ownership and control of the resort’s common areas
  • Management and HOA fees can be earned by leasing out privately owned pads through a rental pool or reservation system, creating a revenue stream

OVERVIEW

Water’s Edge Motor Coach & RV Resort Okeechobee, Florida Water’s Edge Motor Coach & RV Resort presents a rare opportunity to acquire a highly desirable waterfront hospitality asset consisting of 36 parcels in one of Florida’s most recognized recreation markets. Ideally positioned along the shores of Lake Okeechobee—the largest freshwater lake in the state—the property combines income diversity, waterfront appeal, and long-term growth potential. Property Overview The gated resort features a blend of short-term vacation and extended-stay accommodations, including 30 large individually deeded private and beautifully landscaped paved back in RV pad sites, three overflow pads, asphalt roads, a beautifully renovated lakefront cottage, clubhouse, pool, boat ramp, waterfront Chickee Hut, a five 200 ft.² bay storage warehouse and ample green space with over 250 palm trees. This unique combination allows operators to capture both the seasonal RV traveler market as well as year-round vacationers, fishing enthusiasts, and eco-tourism guests due to its rim canal location. The resort’s direct access to boating, fishing, and the extensive Lake Okeechobee Scenic Trail makes it a preferred destination for outdoor recreation seekers from across Florida and the Southeast. Investment Highlights Waterfront Location – Situated directly on the canal system with convenient access to Lake Okeechobee, one of the nation’s premier freshwater fishing destinations. Multiple Revenue Streams – Income generated through RV site rentals, nightly stays, and extended occupancy. Amenity Package – Includes boat slips, recreation areas, clubhouse facilities, and well-maintained grounds that enhance guest experience and support long-term occupancy. Strong Market Demand – Okeechobee benefits from a steady inflow of seasonal visitors, snowbirds, and year-round tourism driven by fishing tournaments, eco-tourism, and regional events. Upside Potential – Opportunity to increase rates, reposition select assets with light capital improvements, and expand marketing to capitalize on Florida’s growing RV and outdoor recreation demand. Market Position Lake Okeechobee continues to experience strong demand from RVers and outdoor enthusiasts, with occupancy supported by regional drive-to markets such as Miami, Fort Lauderdale, Orlando, and Tampa. As RV ownership and tourism continue to grow nationwide, properties with waterfront access and diversified lodging options are increasingly sought after by both operators and investors. Unique Buyer Flexibility & Ongoing Revenue Stream Because the property is structured as an individually deeded RV resort, purchasers have the rare ability to sell off individual pads on a condominium-style basis. This feature allows an investor to recapture capital quickly by retailing individual lots while still retaining ownership and control of the resort’s common areas and operations. The resort’s management framework provides for a recurring income opportunity: The seller or operator can retain management rights over the community even as pads are sold to individual owners. Management fees are earned by leasing out privately owned pads through a rental pool or reservation system, creating a revenue stream tied directly to occupancy. In addition, the operator may collect association fees or administrative charges tied to maintenance, marketing, and amenity usage. This structure delivers both capital flexibility (through individual pad sales) and ongoing operational income (via management and leasing fees), making it an attractive hybrid model for investors seeking both liquidity and long-term cash flow

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

34

PRICE/UNIT

$125,000

CAP RATE

7.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

PARKING SPACES

33

LAND DETAILS

LAND ACRES

4.04 AC

LAND SF

175,982 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Peter DackoMedia RealtyMore Info
954-923-2325

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Peter DackoMedia RealtyMore Info
954-923-2325

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.