Listing Agency: Media Realty m***@earthlink.net Show Phone

Listed By: Peter Dacko III · License #B26035471 Show Phone

Source: Exprealty

Added: May 15, 2025 Changed: Aug 12 Last Checked: Aug 12 at 12:06PM

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Investment Insights

Based on property information with market context.

This for-sale portfolio includes four mobile home parks totaling 175 pads/units in very close proximity, with two parks being contiguous and representing 123 pads. Cloverport Mobile Home Park has 28 units (27 lots/pads) plus one CBS studio apartment with laundry facilities. The property sits on over 2.5 acres with three entrances, sub-metered public water and septic, and includes 6 park-owned units, 15 tenant-owned lot rent only units, 1 financed unit, and 6 vacant pads. Water expense is passed through to tenant-owned mobile homes, and the park has brand new one-bedroom, one-bath mobile homes recently delivered and installed.

Dew Drop Mobile Home Park contains 57 pads on 3.9 acres and has one folio, with lot rents only because the mobile homes are tenant-owned. Okeechobee Lake Mobile Home Park contains 66 pads and one folio, and is contiguous to Dew Drop for a combined 126 pads, also operating on lot rents only. Palm Drive Trailer Park has 24 pads, two folio numbers, and is situated on a canal with access to Lake Okeechobee. An offer memorandum is available for additional details, including individual park descriptions and rent rolls.

Key Highlights

• Portfolio of four mobile home parks totaling 175 pads: Cloverport (28 units), Dew Drop (57 pads), Okeechobee Lake (66 pads), and Palm Drive (24 pads).
• Two parks are contiguous: Dew Drop (57 pads) and Okeechobee Lake (66 pads) combine for 126 pads.
• Cloverport Mobile Home Park (7650 Highway 78 W.) spans 2.5+ acres with three entrances, sub‑metered public water & septic; includes laundry and annual rentals.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods Pharmacy Accounting Firm Travel Agency Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

175

Residential units

Location Intelligence

Trade Area within ½ mile

22

Businesses Nearby

Explore this area Business Placement

Demographics for 34974, FL

23,699

Population

13,850

Households

1.7

Avg Household Size

50

Median Age

16%

College-Educated

83%

High-School Grad

376.7 sq mi

ZIP Area

63

Density / Sq Mi

$50,671

Median Household Income

$36,000

Median Earnings

$958

Median Rent

$162,900

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Portfolio of four mobile home parks totaling 175 pads, including two contiguous parks with 123 pads.

Where is this mobile home & rv park located?

The property is located at 8791 State Road 78 W Okeechobee, FL.

What is the asking price?

The asking price for this property is $9,995,000.

What are key features of this property?

This property features: Portfolio of four mobile home parks totaling 175 pads: Cloverport (28 units), Dew Drop (57 pads), Okeechobee Lake (66 pads), and Palm Drive (24 pads).; Two parks are contiguous: Dew Drop (57 pads) and Okeechobee Lake (66 pads) combine for 126 pads.; Cloverport Mobile Home Park (7650 Highway 78 W.) spans 2.5+ acres with three entrances, sub‑metered public water & septic; includes laundry and annual rentals.