8791 Highway 78, Okeechobee, FL 34971
$9,995,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
592,416
Status:
Active
Current Price:
$9,995,000
List Date:
5/15/2025
Last Modified:
3/18/2026
Overview
Description
VALUE ADD | Okeechobee | Four mobile home parks (175 units) in very close proximity to one another with 2 parks being contiguous and represents 123 pads. There is a positive appetite to acquire mobile home parks in Okeechobee driven by several compelling market dynamics: Affordable Housing Demand, Interest in Stable, Cash-Flowing Assets, Local Market Appeal and Low Operational Costs. THE PARKS A) Cloverport Mobile Home Park/28 Units; 7650 Highway 78 W. B) Dew Drop Mobile Home Park/57 Pads; 8791 Highway 78 W. C) Okeechobee Lake Mobile Home Park/66 Pads; 8951 Highway 78 W. D) Palm Drive Trailer Park/ 24 Pads; 3307 and 3611 SE 36th Ave. DOWNLOAD the Offer Memorandum for salient data including individual park descriptions, rent rolls and income & expense.
Supplements: ... (Read more)
Listing Details MLS# F10503959
General Property Information
- Property Sub Type
- Multi Family
- Occupant Type
- Tenant
- Year Built
- 1984
- Lot Size Acres
- 13.6
Property Features
Common Area Maintenance Includes:
Exterior Electric; Exterior Maintenance; HVAC Maintenance; Interior Electric; Interior Maintenance; Water
Documents Available:
Investment Analysis
Heating:
Central Individual
Property Condition:
Resale
Source Of Expenses:
Owner Provided
Cooling:
Central Individual
Structure Type:
Warehouse
Water Source:
Public
Showing Requirements:
Call Listing Agent; Call Listing Office
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2025-05-15
- Original List Price
- 11250000
- Negotiable Seller Concessions YN
- Yes
Location and Legal
- Country
- United States
- County Or Parish
- Okeechobee
- County Parish Name
- Okeechobee
- Street Number
- 8791
- Street Name
- Highway 78
- City Name
- Okeechobee
- State Or Province
- FL
- Postal Code
- 34971
- Area
- 6240 - NW County (OK)
- Geographic Area
- OKCB - Okeechobee
- Parcel Number
- 1-08-38-35-0A00-00017-0000
- Zoning
- RR
- Directions
- Too much information for the MLS. Please download the Offering Memorandum for all salient data regarding the opportunity.
Financial Information
- Tax Annual Amount
- 122000
- Tax Year
- 2025
Status Change Information
- Major Change Timestamp
- 2025-11-24T22:49:29Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2025-11-24T22:49:29Z
- Status Change Date
- 2025-05-15
More Information
Income and Expenses
- Gross Income
- 1198200
- Gross Scheduled Income
- 1119624
- Vacancy Allowance Rate
- 13
Description of Unit Type 1
- Unit Type
- 1 Bedroom
- Units Total
- 175
Originating Details
- Originating System Key
- 598543992
- Originating System ID
- M00000170
Currently Not Used
- Number Of Units Total
- 175
- Ownership Type
- Corporation
Office/Member Information
- DXORIGMLSID
- FLL
Property Condition
- Resale
- Yes
Documents Available
- Investment Analysis
- Yes
Structure Type
- Warehouse
- Yes
Common Area Maintenance Includes
- Exterior Electric
- Yes
- Exterior Maintenance
- Yes
- HVAC Maintenance
- Yes
- Interior Electric
- Yes
- Interior Maintenance
- Yes
- Water
- Yes
Heating
- Central Individual
- Yes
Water Source
- Public
- Yes
Source Of Expenses
- Owner Provided
- Yes
Cooling
- Central Individual
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Call Listing Office
- Yes
Listing Office:
Media Realty
Last Updated: March - 18 - 2026
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