Okeechobee, FL 34947MLS Number F10523905

  • Price: $1,150,000
  • 321 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
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Okeechobee FL 34947Okeechobee FL 34947Okeechobee FL 34947Okeechobee FL 34947Okeechobee FL 34947Okeechobee FL 34947Okeechobee FL 34947Okeechobee FL 34947Okeechobee FL 34947
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  • 944Acreage
  • 1984Year Built
Palm Drive Trailer Park presents a compelling Value Add investment opportunity located just 4 miles from downtown Okeechobee, offering residents convenient access to local services, retail, and employment centers. The property consists of 24 pad sites situated along 36th Avenue, a publicly maintained city street, ensuring dependable infrastructure and municipal service access. The park is also canal-front, with direct water access to Lake Okeechobee. Ownership has recently experienced a shift in motivation and has aggressively reduced the asking price, creating a compelling entry point for investors seeking immediate cash flow with future upside in a supply-constrained submarket. Cap Rate 7.0% at asking price. Easy Management. No Repair and Maintenance. Below Market Rent +8.5% Cap Rate
Listing by Media Realty

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Ocean Estate Properties

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Ocean Estate Properties
Office: 561-504-9226
500 NE Spanish River Boulevard
Suite 104
Boca Raton, FL 33431

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Tax Information

  • Tax Year 2025
  • Taxes$26,444

Building

  • Structure Type Warehouse
  • Units24
  • Year Built1984

Property

  • Business TypeMobile/Trailer Park

Property Information

  • Acreage944
  • Property Condition Resale
  • Property Sub Type Additional Multi Family

Other

  • Date Listed08/13/2025
  • Documents Available Financials
  • Possession Close Of Escrow
  • Special Listing Conditions Standard

Parking

  • Parking Features Accessible Parking

Location

  • AreaNW County (OK)
  • CountyOkeechobee
  • StateFL
  • TownOkeechobee
  • Zip34947

Utilities

  • Heat SystemCentral, Wall Furnace
  • Heating YN Yes
  • Utilities Cable Available, Natural Gas Not Available
  • Waste Water DisposalSeptic Tank

Water Body

  • Water AccessPublic

Basic Information

  • List Price$1,150,000
  • MLS NumberF10523905
  • Modification Date05/07/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusACT
  • Virtual TourView Tour

Amenities

  • Cooling Central Air, Wall/Window Unit(s)
  • Cooling YN Yes

Legal

  • Parcel Number 12537350050000400650
  • Universal Parcel Id urn:reso:upi:2.0:US:12111:12537350050000400650

Based on information submitted to BeachesMLS as of June 30, 2026 5:11 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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