About This Home

This 0-bedroom, 0-bathroom commercial at 510 SE 5th St in Okeechobee, FL is listed for $400,000. on a 0.78 acres lot.

Key Features

  • 0.78 acre lot
Listing Description

GREAT INVESTMENT OPPORTUNITY - MOBILE HOME PARK WITH EXPANSION POTENTIAL! LOCATION, LOCATION, LOCATION! Don't miss this fantastic investment opportunity! This Mobile Home Park is conveniently located close to town and all amenities, offering five rental units plus an additional vacant lot with the potential to accommodate another mobile home.

EXCELLENT INCOME POTENTIAL! Current rental rates are low compared to other rentals in the area, providing an opportunity for increased rental income. Each unit has its own individual water meter and FPL electric meter, making utility management convenient.

PRIME LOCATION! Situated directly across from Taylor Creek and just minutes from a nearby boat ramp, this property offers a desirable location for those who enjoy fishing, boating, and the Florida lifestyle. Stores, restaurants, and everyday conveniences are all within walking distance.

INVESTORS, TAKE NOTICE! With five existing rental units, below-market rents, and the potential to add a sixth unit, this property offers tremendous possibilities for future growth and increased revenue. Whether you're looking to expand your investment portfolio or establish a steady rental income stream, this property deserves a closer look. GREAT LOCATION, GREAT POTENTIAL, AND AN OPPORTUNITY YOU DON'T WANT TO MISS!

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

510 SE 5th St

Okeechobee, FL 34974

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 510 SE 5th St is listed at $400,000. The estimated monthly payment is $2,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.78 acre lot.

This property is listed by Vicki Anderson.

VA

Vicki Anderson

Agent at ANDERSON REALTY CO

Listed by ANDERSON REALTY CO · Broker phone: 8636344106

MLS# 12045934· Source: My State MLS· 17 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

510 SE 5th St, Okeechobee, FL 34974

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