8791 Highway 78

Okeechobee, FL 34974

$9,995,000
Price
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Baths
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— / Sq. Ft.
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per Sq. Ft.

Description

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...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.
  1. Listed by Peter Dacko • Media Realty
LISTING UPDATED: 11/24/2025 04:49 PM

Property Details for 8791 Highway 78

StatusActive
MLS #F10503959
Days on Market212
Taxes$122,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi-Family
Year Built1984
Lot Size13.60 AC / 592,416 SF
CountyOkeechobee County

Location

Listing Courtesy of Media Realty
Add your commute

Building Information for 8791 Highway 78

Stories-Residences-Year Built1984Building Size-Lot Size13.60 AC / 592,416 SF

Payment Calculator

$59,556 per month

30 year fixed, 6.28% Interest

Principal and Interest

$49,389

Property Taxes

$10,167

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8791 Highway 78

General Information
General Information
  • Information Available: Investment Analysis
  • Street Number Numeric: 8791
  • Street Name: Highway 78 W
  • County Or Parish: Okeechobee County
  • Postal Code: 34971
  • City and Location Text: Okeechobee
  • City Postal ID: 34971
Maintenance / Tax Information
  • Tax Amount: $122,000
  • Tax Year: 2025
Building Information
  • Property Type: Commercial/Industrial
  • Type of Property: Income/Multi-Family
  • Year Built Numeric: 1984
  • Year Built Description: Resale
  • MLS Area: 6240 - NW County (OK)
Virtual Tour / Features / Utilities
Waterfront
  • Water Description: Public Water
Utilities
  • Cooling Description: Central Individual A/C
  • Heating Description: Central Individual A/C
  • Sewer Description: Septic Tank
Property / Lot Information
Building Information
  • Unit Count: 1
  • Zoning Information: RR
Community Information
  • Common Area Maint Includes: Water
  • Property Management: No
Location Information
  • Area: 6240 - NW County (OK)
  • Directions: Too much information for the MLS. Please download the Offering Memorandum for all salient data regarding the opportunity.
  • Geographic Area: OK40
  • Parcel Number Free Text: 1-08-38-35-0A00-00017-0000
  • State: FL
Lot Information
  • Approximate Lot Size: 592416
  • Total Acreage: 14
Multi Family Information
Expense Information
  • Source of Expenses: Owner Provided
Income Information
  • Gross Operating Income: $1,198,200
  • Gross Scheduled Income: $1,119,624
  • Vacancy Rate: 13

Property History for 8791 Highway 78

DateEvent & SourcePriceAppreciation
Nov 24, 2025

Price Change

GFLR #F10503959

$9,995,000—
May 15, 2025

Listed (Active)

GFLR #F10503959

$11,250,000—
DateEvent & SourcePrice
11/24/2025

Price Change

GFLR #F10503959

$9,995,000
05/15/2025

Listed (Active)

GFLR #F10503959

$11,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 8791 Highway 78

This home is within Okeechobee.
Rating
School
Type
Grades
Distance
South Elementary School
Public - PK to 6
Osceola Middle School
Public - 6 to 8
Okeechobee High School
Public - 9 to 12
Okeechobee Virtual Instruction Program
Public - K to 12
Rating
School
Distance
South Elementary School
PublicPK to 6

Osceola Middle School
Public6 to 8

Okeechobee High School
Public9 to 12

Okeechobee Virtual Instruction Program
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 8791 Highway 78, Okeechobee, FL 34974

8791 Highway 78 is a multi-family home for sale in Okeechobee, FL 34974. This property was listed for sale on May 15, 2025 by Media Realty, it's currently listed at $9,995,000. This listing's school district is Okeechobee. Nearby schools include South Elementary School, Osceola Middle School and Okeechobee High School. 8791 Highway 78 is a 0-bed, 0-bath, multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Media Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.