8761 Highway 78 W, Okeechobee, FL (MLS# B26038762)

8761 Highway 78 W, Okeechobee, FL

$5,900,000

Virtual Tour

https://www.propertypanorama.com/8761-Highway-78-W-Okeechobee-FL/unbranded

Property Type: Commercial Sale Square Footage: 123 Status: Active

Current Price: $5,900,000 List Date: 6/09/2026 Last Modified: 9/20/2026

Overview

Description

Value Add 2 Contiguous RV Parks with 123 Pads - The offering presents an exceptional opportunity to acquire two contiguous RV parks—Dew Drop RV Park and Okeechobee Lake RV Park—positioned on a combined 10.2 acres with canal frontage providing direct access to Lake Okeechobee, one of Florida's most iconic natural landmarks. Dew Drop was developed in 1988 and spans 3.9 acres featuring 57 well-maintained, rent-only pads. The park is thoughtfully designed with dual access points, paved interior roadways, and sub-metered public water with septic infrastructure in place. Okeechobee Lake RV Park encompasses 66 rent-only pads and offers residents a clubhouse, freestanding bathroom/shower facility. Tenants are billed for their pro-rata share of water/electric. +++ Download the OM

Supplements: +++ Download the Offer Memorandum for all details regarding the opportunity. +++

Listing Details MLS# B26038762

General Property Information

Number Of Buildings: 123
Property Sub Type: Multi Family
Number Of Units Total: 123
Price Per Unit: 47968
Occupant Type: Tenant
Building Area Main: 123
Building Area Source: Public Records
Year Built: 1984
Parking Total: 246
Lot Size Area: 461736
Lot Size Acres: 10.6
Accessibility Features YN: No
Stories Total: Yes
Stories: Yes

Property Features

Business Type: Mobile/Trailer Park Documents Available: Investment Analysis Electric: 101-200 Amp Service Heating: Other Parking Features: Accessible Parking; Other Possession: Close Of Escrow Sale Includes: Business; Land Special Listing Conditions: Standard Source Of Expenses: Owner Provided Construction Materials: Other Cooling: Other Listing Terms: Cash; Conventional; USDA Loan Roof: Other Security Features: None Sewer: Public Sewer Utilities: Cable Available; Electricity Connected; Water Connected Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 10 Or More Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 5900000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Okeechobee
Street Number: 8761
Street Name: Highway 78
Street Direction Suffix: W
State Or Province: FL
Postal Code: 34974
Area: 6230 - SW County (OK)
Geographic Area: OKCB - Okeechobee
Parcel Number: 11738350a00000050000
Zoning: RR
Flood Zone: Zone X
Building Name: Dew Drop Inn & Okeechobee Lake RV Park
Property Description: 2 Contiguous RV Parks 123 Pads

Financial Information

Tax Annual Amount: 73140
Tax Year: 2026
Tax Legal Description: COMMENCING AT THE SOUTHEAST CORNER OF LOT 30, EAGLE BAY SURVEY, ACCORDING TO PLAT OF SAID SURVEY AS RECORDED IN PLAT BOOK 1, PAGE 31, PUBLIC

Status Change Information

Major Change Timestamp: 2026-06-09T15:30:16Z
Major Change Type: New Listing
Status Change Date: 2026-06-09

More Information

Building and Property Details

# Of Bays: 123

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 124
Separate Gas Meters YN: No
Separate Water Meters YN: No

Income and Expenses

Gross Income: 759000
Inc/Exp Statement Period: 2026
Net Operating Income: 455714

Unit Details

Number Of Units Leased: 123

Originating Details

Originating System Key: 20260609141805948541000000
Originating System ID: M00000170

Documents

Offer Memorandum ›

Listing Office: Media Realty

Last Updated: September - 20 - 2026

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