2200 US Highway 441 SE - Hospitality FOR SALE


Okeechobee, FL 34974
$6,800,000 USD
321-438-5001
2200 US Highway 441 SE, Okeechobee, FL for Sale
$6,800,000 USD
Hospitality - FOR SALE
1/20
null | 8% Cap Rate

2200 US Highway 441 SE
Okeechobee, FL 34974


HIGHLIGHTS

  • 8.6 Acre Hotel and Marina on Lake Okeechobee.
  • South Florida Hotel / 45 Minutes from West Palm Beaches and international airport.
  • Lakefront Restaurant / Bar and Convention building
  • Seller Financing Possible.

OVERVIEW

Opportunity to purchase below replacement cost a 81 Key resort style hotel located on the largest lake in Florida! Lake Okeechobee in South Florida. Lakefront Marina possibility on the existing docks. Lakefront Restaurant and Bar, with a liquor license. Financials Available Please email. Waterfront Large parking lot for Fisherman boats and turning around. Possible to convert to a ALF or Assisted Living as well. 8.5 Acres enough to add in a Luxury RV Resort or add Airbnb with Houseboats on the docks. Additional 5 acres of commercial available next to the hotel. ( See the future map attachment) Contact: KJ Singh at 321-438-5001 to buy and sell hotel properties. Florida Hotels & Resorts Florida Property Group Associates

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$160 USD /SF

# OF ROOMS

81

PRICE/ROOM

$83,951 {currency}

CAP RATE

8%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

81 Key Lakefront Hotel in South Florida

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1984

PARKING SPACES

139

LAND DETAILS

LAND ACRES

8.66 AC

LAND SF

377,230 SF

ZONING

C-2

APN/PARCEL ID

R1-35-37-35-0A00-00011-B000

ASK ABOUT THIS PROPERTY

KJ SinghFlorida Property GroupMore Info
321-438-5001

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KJ SinghFlorida Property GroupMore Info
321-438-5001

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