Back

1 of 15

2 of 15

3 of 15

4 of 15

5 of 15

6 of 15

7 of 15

8 of 15

9 of 15

10 of 15

11 of 15

12 of 15

13 of 15

14 of 15

15 of 15

8791 FL-78 Hwy
Okeechobee, FL 34974

$6,500,000 USD

Manufactured Housing Mobile Home Park For Sale • 1,610 SF

Property Details

Property Type Manufactured Housing Mobile Home Park
Total Building Size 1,610 SF
Lot Size 3.9 AC
Building Class C
Year Built 1988
Cap Rate 6.00 %
Zoning MHP/RV

10 Walk Score

                
                    Highlights
                
                                Value Add | Operating below market rents, the communities provide potential for increased revenue through lease-up and rental rate realignment.
                            
                                Affordable Housing Demand offer a low-barrier entry to homeownership or rental, making them increasingly attractive in markets like Okeechobee 
                            
                                Two Contiguous Parks  123 Pads
                            
                                The Dew Drop Mobile Home Park sits on 3.9 acres and contains 57 pads with one folio
                            
                                Okeechobee Lake Mobile RV Park contains 66 pads

Property Flyers

Okeechobee Two MHP Portfolio Dew Drop & Okee Lake

Financial Summary (Actual)

Net Operating Income: $390,468 USD (2025)

Cap Rate:	6.00 %
Total Expenses:	$278,649 USD

Amenities

24 Hour Access
Air Conditioning
Clubhouse
Laundry Facilities
Picnic Area
Tenant Controlled HVAC
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Storage Space
Pond
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Okeechobee Amtrak (Silver Star - Amtrak)	13 min	-	7.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Peter Dacko 954-923-2325 Media Realty

8791 FL-78 Hwy Okeechobee, FL 34974