How much is 8791 Highway 78?

8791 Highway 78 is listed at $9,995,000. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is 8791 Highway 78 zoned?

The listing reports zoning of RR. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

When was 8791 Highway 78 built?

8791 Highway 78 was built in 1984. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

What are the property taxes on 8791 Highway 78?

The listing reports annual property taxes of $122,000 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 8791 Highway 78?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

8791 Highway 78, Okeechobee, FL 34971

$9,995,000 · Multifamily for sale

Property type: Multi Family
Asking price: $9,995,000
Lot size: 13.6 acres
Zoning: RR
Year built: 1984
Units: 175
Parcel ID: 10838350A00000170000
MLS#: F10503959

About this property

VALUE ADD | Okeechobee | Four mobile home parks (175 units) in very close proximity to one another with 2 parks being contiguous and represents 123 pads. There is a positive appetite to acquire mobile home parks in Okeechobee driven by several compelling market dynamics: Affordable Housing Demand, Interest in Stable, Cash-Flowing Assets, Local Market Appeal and Low Operational Costs. THE PARKS A) Cloverport Mobile Home Park/28 Units; 7650 Highway 78 W. B) Dew Drop Mobile Home Park/57 Pads; 8791 Highway 78 W. C) Okeechobee Lake Mobile Home Park/66 Pads; 8951 Highway 78 W. D) Palm Drive Trailer Park/ 24 Pads; 3307 and 3611 SE 36th Ave. DOWNLOAD the Offer Memorandum for salient data including individual park descriptions, rent rolls and income & expense. Highlights of the individual Parks:Cloverport Mobile Home Park; 7650 Highway 78 W. OkeechobeeCloverport Mobile Home Park is located minutes from Lake Okeechobee, Kissimmee River and downtown Okeechobee (2.7 miles) with its dining and shopping, & less than 6 miles from the up-and-coming Bass Pro Resort at 10430 W Highway 78.Cloverport Mobile Home Park is a 27 lot/pad and one CBS studio apartment complex with laundry facilities rented on an annual basis. And sits on over 2.5 acres, with three entrances, sub-metered public water & septic. 6 units are park owned, 15 units are tenants owned (lot rent only), 1 unit is financed and there are 6 vacant pads. Water expense is passed through to the tenant's owner mobile homes. There are 5 brand 560 SF new mobile one bedroom/one bath homes recently delivered and installed, estimated to rent for $1200 per month. The value-add lies in leasing the 6 vacant pads or installing new MH's at a cost of approx. $58,000 per unit providing a 9.5%-10% cap rate with an investment estimated at $348,000.Dew Drop Mobile Home Park; 8791 Highway 78 W., Okeechobee The Dew Drop Mobile Home Park sits on 3.9 acres and contains 57 pads with one folio. The park consists of lot rents only as each mobile home is tenant owned.The MHP is less than 5 miles to the central Business district of downtown OkeechobeeOkeechobee Lake Mobile Home Park; 8951 Highway 78 W., OkeechobeeOkeechobee Lake Mobile Home Park contains 66 pads (lot rent only)This park is contiguous to Dew Drop Mobile Home Park and together they have a combined 126 pads. The park consists of lot rents only as each mobile home is tenant owned.The MHP is less than 5 miles to the central Business district of downtown OkeechobeeThe park has one folio numberPalm Drive Trailer Park; 3307 and 3611 SE 36th Ave; OkeechobeeThe property possesses two folio numbers and is situated on a canal with access to Lake Okeechobee. The park has 24 pads and collects rent for lot rent only.

Rent Roll

Unit type	Units	Beds / baths	Size	Rent per unit	Pro forma
1 Bedroom	175	1 / —	—	—	—

175 units.

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross scheduled income	$1,119,624/yr
Gross income	$1,198,200/yr
Property taxes	$122,000/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Media Realty · mediarealty@earthlink.net · Listing agent: Peter Dacko III

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 8791 Highway 78 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 8791 Highway 78

How much is 8791 Highway 78?: 8791 Highway 78 is listed at $9,995,000. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 8791 Highway 78 zoned?: The listing reports zoning of RR. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
When was 8791 Highway 78 built?: 8791 Highway 78 was built in 1984. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 8791 Highway 78?: The listing reports annual property taxes of $122,000 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 8791 Highway 78?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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