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$ 1,395,000
Est. payment | /mo
$ 1,395,000
Est. payment | /mo
Key Details
Property Type Multi-Family, Commercial
Sub Type Income/Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10523905
Construction Status Resale
Total Fin. Sqft 41120
Year Built 1984
Annual Tax Amount $26,444
Tax Year 2025
Property Sub-Type Income/Multi-Family
Property Description
New Price Point. Palm Drive MHP offers a compelling investment located just 4 miles from downtown Okeechobee, providing residents with convenient access to local services, retail, and employment centers. This proximity to the city center gives the park a strong competitive advantage within the market. The park features 24 pads individually plotted along 36 Ave a public city street. In addition, the property is canal-front, providing direct water access to Lake Okeechobee, one of Florida's premier recreational and fishing destinations. This waterfront setting enhances the lifestyle appeal of the community & adds intrinsic value to the site Gross Income $153,735; NOI $79,871. NOTE As of February 2026 lot rents have been increased to $500 each Thus creating $168,000 in scheduled gross income.
Location
State FL
County Okeechobee County
Area Ok40
Zoning RR
Interior
Cooling Central Individual A/C
Building
Sewer Other Sewer, Septic Tank
Water Public Water
Construction Status Resale
Others
Ownership Corporation
Virtual Tour https://www.propertypanorama.com/3611-SE-36-Ave-SE-36-Ave-Okeechobee-FL-34971/unbranded
Listed by Media Realty
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