Commercial Real Estate in Okeechobee available for sale
Okeechobee 1031 Exchange Properties For Sale

1031 Exchange Property for Sale in Okeechobee, FL, USA

More details for 8791 FL-78 Hwy, Okeechobee, FL - Multifamily for Sale

Dew Drop & Okeechobee Lake Mobile Home Parks - 8791 FL-78 Hwy

Okeechobee, FL 34974

  • 1031 Exchange Property
  • Multifamily for Sale
  • $9,169,550 CAD
  • 1,610 SF
  • Air Conditioning
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Okeechobee Multifamily for Sale

Value Add - Owner Financing Available. 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. Please review the attached Offer Memorandum Investment Overview The offering presents an exceptional opportunity to acquire two contiguous mobile home and RV parks—Dew Drop RV Park and Okeechobee Lake RV Park—positioned on a combined 10.2 acres with canal frontage providing direct access to Lake Okeechobee, one of Florida’s most iconic natural landmarks. Property Highlights Dew Drop RV Park Located at 8761 Highway 78 West, Dew Drop was originally developed in 1988 and spans 3.9 acres featuring 57 well-maintained, rent-only pads. The park is thoughtfully designed with dual access points, paved interior roadways, and sub-metered public water with septic infrastructure in place. Tenants are billed for their pro-rata share of electricity, ensuring efficient operational cost recovery. The property’s layout and mature landscaping reflect a well-established, stabilized community environment. Okeechobee Lake RV Park Situated at 9851 Highway 78 West, Okeechobee Lake RV Park encompasses 66 rent-only pads and offers residents an enhanced living experience with a clubhouse, freestanding bathroom and shower facility, and a utility room for on-site convenience. Tenants are billed for water as a pass-through expense, supporting consistent NOI performance. Adding to its appeal, the property includes a 6,743± SF commercial building fronting Highway 78—formerly a restaurant—offering tremendous value-add potential for commercial or mixed-use redevelopment, capitalizing on the site’s visibility and frontage. Location & Market Position The parks are strategically located just six miles (approximately 5–10 minutes) from Downtown Okeechobee, providing residents quick access to local shopping, dining, and essential services. This proximity delivers a distinct competitive edge over many comparable parks in the region, which are often located farther from the city’s core. Current lot rents of $450–$500 per month remain below the prevailing market average of approximately $550 per month, offering immediate rent-growth potential and meaningful upside in cash flow through incremental adjustments.

Contact:

Media Realty

Property Subtype:

Mobile Home Park

Date on Market:

2025-10-14

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1031 Exchange Properties for Sale within 50 kilometers of Okeechobee, FL, USA

More details for 16050 Orange Ave, Fort Pierce, FL - Industrial for Sale

16050 Orange Ave

Fort Pierce, FL 34945

  • 1031 Exchange Property
  • Industrial for Sale
  • $4,653,899 CAD
  • 14,224 SF
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More details for 1865 Enterprise Road, Vero Beach, FL - Land for Sale

Industrial Development Site Near I-95 - 1865 Enterprise Road

Vero Beach, FL 32966

  • 1031 Exchange Property
  • Land for Sale
  • $846,420 CAD
  • 0.91 AC Lot
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More details for 573 Holmes Ave, Lake Placid, FL - Specialty for Sale

Holmes Road Holdings Llc - 573 Holmes Ave

Lake Placid, FL 33852

  • 1031 Exchange Property
  • Specialty for Sale
  • $2,257,119 CAD
  • 6,798 SF
  • Waterfront

Lake Placid Specialty for Sale

Nestled along the serene shores of a pristine lake Huntley, this luxurious 7-bedroom, 4-bath estate offers the ultimate in elegance and comfort. Designed for both family living and vacation retreats, this expansive property is a perfect blend of sophistication and functionality. With its private gated entrance, lush landscaping, and breathtaking views of the water, the estate exudes tranquility, making it an ideal destination for those seeking both relaxation and adventure. As you drive through the private, gated entrance, the estate unfolds the meticulously manicured grounds creating a welcoming and peaceful atmosphere. The long driveway leads you to the stately home, which stands proudly against the backdrop of the sparkling lake, providing the perfect setting for outdoor relaxation and entertaining. Stepping inside the estate, you are immediately greeted by the spacious living areas are filled with natural light, thanks to large windows that offer sweeping views of the lake. The grand living room features plush seating, making it the perfect place for gathering with family or friends. The adjacent dining room, with its elegant and ample space, is perfect for hosting intimate dinners or large celebrations. The gourmet kitchen is a chef’s dream, outfitted with top-of-the-line appliances, and sleek granite countertops. The oversized island provides plenty of space for meal preparation or casual dining. A separate breakfast nook overlooks the water, offering a peaceful spot to enjoy your morning coffee or a casual meal. The 7 bedrooms are designed to provide the utmost in comfort and privacy, with each room offering spacious layouts and high-end finishes. The master suite is a true retreat, featuring a private screen porch that overlooks the lake, a cozy sitting area, and a spa-like ensuite bathroom complete with a soaking tub, double vanities, and a private shower. Each of the additional six bedrooms is generously sized, offering plush carpeting, ample closet space, and large windows that frame scenic views of the surrounding nature. The estate’s 4 bathrooms are equally luxurious. Every detail has been carefully considered, the elegant lighting, ensuring that every guest feels pampered. The outdoor space is where this estate truly shines. The large paver pool area, surrounded by lush greenery, offers a private oasis for relaxation and entertainment. Whether you are enjoying a swim in the sparkling pool, lounging under the sun, or enjoying an evening cocktail by the fire pit, this space is designed to bring the family together. The outdoor dining area make alfresco dining a breeze, while the nearby dock offers easy access to the lake for boating, fishing, or simply soaking in the natural beauty. See virtual walk through: https://my.matterport.com/show/?m=H7xpy2ZKZno&brand=0

Contact:

LPT Realty

Property Subtype:

Residential Income

Date on Market:

2024-12-02

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