- MLS® #: F10523905
- (Undisclosed Address)
- Okeechobee, FL 34947
- $1,150,000
- 944.00 Acres
- Commercial Sale
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
Essential Information
- MLS® #F10523905
- Price$1,150,000
- Acres944.00
- Year Built1984
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
Community Information
- AddressN/A
- CityOkeechobee
- StateFL
- Zip Code34947
Amenities
- ParkingAccessible Parking
Utilities
Cable Available, Natural Gas Not Available
Interior
- HeatingCentral, Window/Wall
Cooling
Wall/Window Unit(s), Central Individual
Additional Information
- Date ListedAugust 13th, 2025
- Days on Website238
- ZoningRR
- Office: Media Realty
N/A on www.webmail.jupiterabacoahomes.us
Offered at the current list price of $1,150,000, this home for sale at N/A features bedrooms and 0 bathrooms. This real estate listing is located in of Okeechobee, FL 34947 . N/A is listed under the MLS ID of F10523905 and has been available through www.webmail.jupiterabacoahomes.us for the Okeechobee real estate market for 238 days.
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Listing information last updated on April 9th, 2026 at 5:02pm CDT.