Okeechobee, FL, 34971
$1,150,000
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
Current real estate data for Commercial in Okeechobee as of Jun 23, 2026
27
Commercial Listed
354
Avg DOM
$1,576,737
Avg List Price
Property Details
Price:
$1,150,000
MLS #:
F10523905
Status:
Active
Baths:
0
Type:
Commercial
Neighborhood:
6240nwcountyok
Listed Date:
Aug 13, 2025
Lot Size:
41,120,640 sqft / 944.00 acres (approx)
Year Built:
1984
Schools
Interior
Exterior
Financial
Taxes
$26,444
Map
Contact Us
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Community
- Address Okeechobee FL
- CityOkeechobee
- CountyOkeechobee County
- Zip Code34971
Property Summary
- Okeechobee FL is a Commercial for sale in Okeechobee, FL, 34971. It is listed for $1,150,000 To schedule a showing of MLS#f10523905 at in Okeechobee, FL, contact your Trust House Realty agent at 9543362003.
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