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    7650 Hwy 78 W Okeechobee, FL 34971

    For Sale
    $1,699,900

    Commercial/Industrial,Income/Multi-family - Okeechobee, FL

    Lot size:
    2.50 Acres
    Days on Market:
    286
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 7650 Hwy 78 W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RR
    APN
    1-08-38-35-0A00-00017-0000
    Lot size
    2.50 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Number of units
    28
    Architectural style
    Other

    Media Realty & Advisors, Inc. (954) 923-2325 [email protected]

    Listing agent Peter Dacko (954) 923-2325 License #0600065

    Listing date Feb 26, 2025

    MLS# F10449471 Listing URL

    Copyright © 2025 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Okeechobee MHP Near Bass Pro

    Cloverport MHP, a 27 lot/pad and 1 CBS studio apartment complex with laundry facilities, is located minutes from Lake Okeechobee, Kissimmee River, and downtown Okeechobee, which offers dining and shopping. It is also less than 6 miles from the upcoming Bass Pro Resort. The complex sits on over 2.5 acres and features three entrances, sub-metered public water, and septic. Currently, there are 6 park-owned units, 15 tenant-owned units (lot rent only), 1 financed unit, and 6 vacant pads. Five brand new one-bedroom/one-bath mobile homes have been recently delivered and installed, with estimated rent of $1400 per month. Value-add opportunities include leasing the 6 vacant pads or installing new mobile homes at an approximate cost of $58,000 per unit, potentially providing a 9.5%-10% cap rate with an estimated investment of $348,000. The property is located at 7650 Highway 78 W, Okeechobee, FL 34971.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Okeechobee
    County
    Okeechobee
    State
    Florida
    Longitude
    -80.8297828
    Latitude
    27.2439349

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    FAQs

    What type of property is this?
    Mobile home & RV park - 27-lot MHP with value-add potential near Lake Okeechobee.
    Where is this mobile home & rv park located?
    The property is located at 7650 Hwy 78 W Okeechobee, FL.
    What is the asking price?
    The asking price for this property is $1,699,900.
    What are key features of this property?
    This property features: - Value-add opportunity: Lease 6 vacant pads or install new mobile homes, projecting a 9.5%-10% cap rate.; - Includes **5 brand new one-bedroom/one-bath mobile homes**, estimated to rent for $1400 per month.; - 27 lot/pad mobile home park with an additional CBS studio apartment and laundry facilities.
    (954) 923-2325
    Request Owner's contact information
    7650 Hwy 78 W Okeechobee, FL 34971
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

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    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7650 Hwy 78 W Okeechobee, FL 34971
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