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
1/19
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. Waterfront Large parking lot for Fisherman boats and turning around. Possible to convert to a ALF or Assisted Living as well. 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 Policy.