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    Okeechobee, FL 34971

    For Sale
    $1,395,000

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

    Lot size:
    944.00 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for

    General Information

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

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Number of units
    24
    Architectural style
    Other

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

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

    Listing date Nov 21, 2025

    MLS# F10523905 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 Investment Opportunity

    Palm Drive MHP presents an investment opportunity located approximately 4 miles from downtown Okeechobee, offering residents convenient access to local services, retail options, and employment centers. The property features 24 pads individually plotted along 36 Ave, a public city street. The property is canal-front, providing direct water access to Lake Okeechobee, a recreational and fishing destination in Florida. The gross income is $153,735, with a net operating income of $79,871. As of February 2026, lot rents are scheduled to increase to $500 each, creating a scheduled gross income of $168,000. The property is zoned RR and has a lot size of 944 acres.
    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 - Mobile home park investment near downtown Okeechobee and Lake Okeechobee.
    Where is this mobile home & rv park located?
    The property is located at Okeechobee, FL.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: - Direct canal-front access to Lake Okeechobee; - Conveniently located 4 miles from downtown Okeechobee; - Significant income potential with scheduled gross income of $168,000
    (954) 923-2325
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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

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    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
    Okeechobee, FL 34971
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