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Lakeside RV Park 4074 US Hwy 441 SE 55 Unit Mobile Home Park $3,350,000 ($60,909/Unit) 5.05% Cap Rate Okeechobee, FL 34974

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INVESTMENT HIGHLIGHTS

  • Value Add with potential 8% Cap Rate based on Asking Price
  • 7 Boat Slips
  • 55 RV Pads on 2.1 Acres Located on the rim of Lake Okeechobee
  • Competing neighborhood parks rent for $550 (Lot Rent Only)

EXECUTIVE SUMMARY

Lakeside RV Park includes 54 RV Spaces 7 boat slips, and a single family home. This park is and has been a historically fully occupied cash flowing RV park with the majority of tenants living there permanently. Located along the famous Lake Okeechobee in Central Florida the park is conveniently located within driving distance of the major Florida attractions and beaches.
 
Lakeside RV Park – 4074 US Highway 441 SE, Okeechobee, Florida
Lakeside RV Park is a privately owned, year-round RV community ideally situated along US Highway 441 SE in Okeechobee, just minutes from the Lake Okeechobee and located on a rim canal. The property features approximately 55 RV spaces on roughly two acres and caters exclusively to recreational vehicles, providing a peaceful, friendly environment for both seasonal and long-term residents. The park offers essential amenities including full hook-ups, laundry facilities with multiple washers and dryers, and a convenient location near boating, fishing, and local shopping. Utilities include city water and private septic, with most lots equipped for 30-amp service and select waterfront or park-owned sites upgraded to 50-amp. Several of the park’s lots back directly to the canal, providing scenic water views and direct access to outdoor recreation.
Lakeside RV Park currently has a 24% vacancy factor however historically it has maintained an average occupancy near 90%, with a mix of permanent and transient tenants that reflect the seasonal rhythm of the Okeechobee area thus creating an opportunity with a unique upside potential.
Waterfront lots typically command a premium, and rental rates are modest, ranging from approximately $500 to $600 per month. The park includes a one park-owned home. With its established operations, consistent occupancy, and location within Florida’s vibrant recreational corridor, Lakeside RV Park represents a classic Okeechobee asset—simple, stable, and positioned for long-term income growth through continued management and modernization.

PROPERTY FACTS

Price $3,350,000
Price Per Unit $60,909
Sale Type Investment
Cap Rate 5.05%
No. Units 55
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Low-Rise
Building Class C
Lot Size 2.11 AC
Building Size 4,972 SF
Average Occupancy 90%
No. Stories 1
Year Built 1990

AMENITIES

SITE AMENITIES

  • Laundry Facilities
  • Dock
  • Lake Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R1-36-37-35-0A00-00033-0000
Land Assessment
$901,960
Improvements Assessment
$173,497
Total Assessment
$1,075,457
  • Listing ID: 38072185

  • Date on Market: 10/14/2025

  • Last Updated:

  • Address: 4074 US Hwy 441 SE, Okeechobee, FL 34974

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