Okeechobee Lake RV Park - 8951 HWY 78 W

Okeechobee, FL 34974

• Motel
• Multifamily for Sale
• $4,391,936 CAD
• 49,500 SF

Okeechobee Multifamily for Sale

Okeechobee Lake RV Park is strategically located just 6 miles—or approximately a 10-minute drive—from downtown Okeechobee, offering a significant competitive advantage over most parks in the area due to its accessibility and proximity to local amenities. The park features 70 total pads, with 66 currently occupied by lot renters, providing consistent income. On-site amenities include a clubhouse, a freestanding bathroom and shower facility, and a utility room, enhancing convenience and livability for residents. Out Parcel: Additionally, the property includes a 6,743-square-foot commercial building fronting Highway 78 W. Originally built in 1960 as a restaurant, this structure is currently vacant and represents a strong value-add opportunity for commercial or mixed-use redevelopment. It possesses significant exposure and plenty of parking along the major traffic artery. In light of CoStar’s limited field structure for mobile home and RV park assets, the operating stack for Dew Drop Inn is presented below to accurately reflect income and expenses. Annualized Operating Data Current Rents Market Rent Scheduled Gross Income: $417,000 $455,400 Less Vacancy Rate Reserve: 54,210 13.00% 36,187 7.95% Effective Operating Income: 362,790 419,213 Pass-Thru Income 48,132 48,132 Total Income 410,922 $467,345 Less Expenses: 174,457 42.46% 174,457 37.33% Net Operating Income: $236,465 $292,888

Contact:

Media Realty

Property Subtype:

Mobile Home Park

Date on Market:

2026-02-07

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Dew Drop Inn RV Park - 8761 FL-78

Okeechobee, FL 34974

• Motel
• Multifamily for Sale
• $3,705,696 CAD
• 10,000 SF

• 24 Hour Access

Okeechobee Multifamily for Sale

Dew Drop RV Park presents investors with a stabilized, income-generating asset located just 11 minutes from downtown Okeechobee. Strategically positioned adjacent to Lake Okeechobee RV Park, the property benefits from regional synergy and sustained tenant demand. The park comprises 63 total pads, with 57 currently occupied on lot-rent-only terms, offering immediate cash flow with operational upside. Encompassing over 3.9 acres, the property features dual access points, paved interior roads, sub-metered public water, and septic infrastructure. Originally developed in 1988, the park has been well maintained and offers a low-intensity management profile. Dew Drop RV Park represents an attractive opportunity to acquire a quality RV park with in-place income, infrastructure durability, and upside through rent optimization and full occupancy. Due to the limited data fields CoStar provides for mobile home and RV parks, please find the operating stack for Dew Drop Inn below Annualized Operating Data Current Rents Market Rent Scheduled Gross Income: $342,000 $376,200 Less Vacancy Rate Reserve: 41,040 12.00% 29,894 7.95% Effective Operating Income: 300,960 346,306 Pass-Thru Income 18,072 76,014 Total Income 319,032 $422,320 Less Expenses: 107,494 33.69% 107,494 25.45% Net Operating Income: 211,538 $314,826

Contact:

Media Realty

Property Subtype:

Mobile Home Park

Date on Market:

2026-02-07

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2516 US Highway 98, Okeechobee, FL 34972 - 2516 US Highway-98 Hwy

Okeechobee, FL 34972

• Motel
• Land for Sale
• $794,666 CAD
• 1.55 AC Lot

Okeechobee Land for Sale

Ready to build, partially improved 1.55 acres or 67,430 sq ft vacant land in great location, area in expansion and these lots are in the commercial corredor for future developments, currently an open permit to build a single family home with around 1,800 Sq Ft, and plans to build a second 4 Units building on the site. Zoning Allows business use including mix use, City location near industrial Park, Near schools, Urban area development, legal access, city water, electricity including 110/ 220 and 3-phase power, add the already installed brand new septic tank system. The land is ready for development, cleared, fenced, compacted soil, Ditched, Above ground Irrigation, no Flooding zone, Drip System, de-mucked and filled with stabilizers. Cable, irrigation, water, other utilities available, Trash removal, city Water, as per county, not flooding zone. A great opportunity for investors, developers, General Contractors, Business owners, owner occupied therefore needs appointments to get access to walk the property and do inspections on the site. Trespassing isn't allowed, camaras on the site recording 24/7. All fenced, direct access from US-Highway 98 or from the back from the residential paved road NW 35th Drive. Close to Seminole elementary, Yearly Middle schools, The Indian River State College and the HCA Florida Raulerson Hospital, very close to the 7-Eleven, Shenanigans, Historical Society, supermarkets, and the Okeechobee County Airport. Okeechobee is in a permanent demographic expansion with a growth of 1.8% per year, characterized as a "Controlled Growth" by local officials to meet the demands of a rising population, with projects to bring thousands of new residents over the next 25 years. The Main major access are as follow: Florida's Turnpike, US-98, US-441, CR-68, SR-70, SR-78, and SR-710 Seller just passed inspections for the concrete foundation and also all electrical, This price include a barn of 40 LF x 40 LF metal structure, The seller will built the shell for the single family included in the price and is offering the option for assuming the current loans in the amount of $220,000 at an average rate of 6.9%

Contact:

United Realty Group Inc

Property Subtype:

Commercial

Date on Market:

2026-01-30

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