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81 Key Lakefront Hotel in South Florida 2200 US Highway 441 SE 81 Room Hotel Okeechobee, FL 34974 $6,800,000 ($83,951/Room) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- 8.6 Acre Hotel and Marina on Lake Okeechobee.
- Lakefront Restaurant / Bar and Convention building
- South Florida Hotel / 45 Minutes from West Palm Beaches and international airport.
- Seller Financing Possible.
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Bar
- Outdoor Pool
- Marina
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $199.00 | - |
| Guest Room | 75 | $180.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | R1-35-37-35-0A00-00011-B000 | Improvements Assessment | $3,198,628 |
| Land Assessment | $510,250 | Total Assessment | $3,708,878 |
PROPERTY TAXES
Parcel Number
R1-35-37-35-0A00-00011-B000
Land Assessment
$510,250
Improvements Assessment
$3,198,628
Total Assessment
$3,708,878
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VIDEOS
MATTERPORT 3D EXTERIOR
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Florida Property Group
81 Key Lakefront Hotel in South Florida | 2200 US Highway 441 SE
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