7650 Highway 78
$1,890,000
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Description
Cloverport MHP is located minutes from Lake Okeechobee, Kissimmee River and downtown Okeechobee with its dining and shopping, and less than 6 miles from the up-and-coming Bass Pro Resort. The park is a 27 lot/pad and 1 CBS studio apt. complex with laundry facilities. 6 units are park owned, 15 units are tenants owned (lot rent only), 1 unit is financed and there are 6 vacant pads. the complex sits on over 2.5 acres, with three entrances and sub-metered public water & septic. There are 5 brand new...Cloverport MHP is located minutes from Lake Okeechobee, Kissimmee River and downtown Okeechobee with its dining and shopping, and less than 6 miles from the up-and-coming Bass Pro Resort. The park is a 27 lot/pad and 1 CBS studio apt. complex with laundry facilities. 6 units are park owned, 15 units are tenants owned (lot rent only), 1 unit is financed and there are 6 vacant pads. the complex sits on over 2.5 acres, with three entrances and sub-metered public water & septic. There are 5 brand new mobile one bedroom/one bath homes recently delivered and installed, estimated to rent for $1400 per month. The value-add lies in leasing the 6 vacant pads or installing new MH's at a cost of approx. $58,000 per unit providing a 9.5%-10% cap rate with an investment estimated at $348,000.
- Listed by Peter Dacko • Media Realty
Amenities
- Laundry
LISTING UPDATED: 08/14/2024 10:38 AM
Property Details for 7650 Highway 78
Status | Active |
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MLS # | F10449471 |
Days on Market | 139 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi-Family |
Year Built | 1984 |
Lot Size | 2.50 AC / 108,900 SF |
County | Okeechobee County |
Building Information for 7650 Highway 78
Stories-Residences-Year Built1984Building Size-Lot Size2.50 AC / 108,900 SF
Property Information for 7650 Highway 78
Property History for 7650 Highway 78
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7650 Highway 78
Taxable ValueLand$297,791Additions$19,625Total$317,416
Tax Record2023$10,698 ($891 / month)
Home Facts
Beds0Total Finished SqFt674 SqFtAbove Grade Finished SqFt674 SqFtLot Size96,093 SqFtStyleSingle Family ResidenceYear Built1984CountyOKEECHOBEEAPN1-08-38-35-0A00-00017-0000
Schools near 7650 Highway 78
This home is within Okeechobee.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
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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