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    30144 State Road 78 Okeechobee, FL 34974

    For Sale
    $1,200,000

    1.69 Acres, 13 Campsites, Income Producing

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1.69-acre property presents a lucrative investment opportunity in Okeechobee, Florida. Situated near the picturesque Lake Okeechobee, this unique offering combines residential comfort with significant income potential. The property includes a cozy two-bedroom, two-bathroom home, ideal for owner occupancy or use as a manager's residence. The true highlight, however, is the thirteen approved campsites currently generating consistent rental income through both seasonal and annual leases. All campsites are fully occupied, providing a reliable revenue stream for the new owner. This turnkey operation requires minimal management, making it an attractive option for investors seeking a passive income source. The location offers easy access to the recreational activities of Lake Okeechobee, while also providing a tranquil setting. The property's combination of residential living and established rental income makes it a rare find in the market. This is a chance to acquire a well-established business with significant upside potential, all nestled in a desirable location. The property is priced at $1,200,000 and offers a compelling return on investment. Serious inquiries are encouraged to explore this unique opportunity further. The address is 30144 E State Road 78, Okeechobee, FL.

    Property Features for 30144 State Road 78

    General Information

    Property type
    Other commercial real estate
    Lot Size
    73,616 SF

    Building Details

    Year Built
    1994
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Hotel & Motel Pharmacy Storage Facility Convenience Store Travel Agency Italian Restaurant Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Okeechobee
    County
    Glades
    State
    Florida
    Longitude
    -80.87626
    Latitude
    27.14476

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    FAQs

    What type of property is this?
    Commercial real estate - 1.69 Acres, 13 Campsites, Income Producing
    Where is this commercial real estate located?
    The property is located at 30144 State Road 78 Okeechobee, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (772) 340-2700
    Request Owner's contact information
    30144 State Road 78 Okeechobee, FL 34974
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    Okeechobee, FL 34974
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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
    30144 State Road 78 Okeechobee, FL 34974
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