Commercial Sale · Multi Family
8761 Highway 78 W, Okeechobee FL 34974, OKEECHOBEE, FL, 34974
Active61 days on marketListed Jun 9, 2026MLS #B26038762
About this property
The property at a glance
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 +++ Download the Offer Memorandum for all details regarding the opportunity. +++
123
Building sq ft
$47,967
Price / sq ft
10.6
Lot acres
1984
Year built
123
Units
123
Buildings
RR
Zoning
Multi Family
Property type
The numbers
Investment snapshot
7.7%
Cap rate
$455,714
Net operating income
$759,000
Gross income (yr)
$47,967
Price / unit
123
Units
Estimated payment (illustrative)
Estimated payment
$32,785/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Lacie to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
23,994
Population
$50,671
Median income
48.1
Median age
2.26
Avg household
$162,900
Median home value
$958/mo
Median rent
2,418
Households w/ kids
Your team
The pros in your corner
Your agent
Lacie Springstead
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 8761 Highway 78 W — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 8761 Highway 78 W.
See it in person
Schedule a tour
Live availability from Lacie's calendar — pick a time and it's booked.
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 Miami Association of REALTORS®.
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