2200 US Highway 441 SE - Hospitality FOR SALE


Okeechobee, FL 34974
$9,800,000 USD
321-438-5001
2200 US Highway 441 SE, Okeechobee, FL for Sale
$9,800,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

2200 US Highway 441 SE
Okeechobee, FL 34974


HIGHLIGHTS

  • 15 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
  • Financing / Tax Opportunity Zone / 1031 Exchange /

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. Lakefront Restaurant and Bar, with a liquor license. Upcoming Billion Dollar Development within 10 minutes of the property. Opportunity Zone for Tax purposes. 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 included next to the hotel. ( See the future map attachment) With a boat ramp, this can be a upscale Luxury Motor Home Park. Only 45 minutes from West Palm Beach and the International airports. Contact: KJ Singh at 321-438-5001 to buy and sell hotel properties. Florida Hotels & Resorts Florida Property Group Associates

FOR SALE DETAILS

PRICE

$9,800,000 USD

PRICE/SF

$190 USD /SF

# OF ROOMS

81

PRICE/ROOM

$120,988 {currency}

CAP RATE

Request Cap Rate

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

C

YEAR BUILT

1984

PARKING SPACES

144

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.