$400,000

510 SE 5th St, Okeechobee FL, 34974

Property typeCommercial

Overview

Active

Updated 10 days ago

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!

Other Property Details

Taxes: $5,316
Tax Frequency: Annually

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