
$1,150,000
3611 Se 36 Ave SE 36 Ave Avenue
Okeechobee, FL 34947
Explore the area: Okeechobee homes for sale · Okeechobee County real estate
Price Check
How this price compares
- Asking price
- $1,150,000
- Price per sq ft
- N/A
- Original price
- $1,535,000
- Days on market
- 292
This commercial property in ZIP 34947 went under contract with an asking price of $1,150,000. The asking price has come down 25.1% from its original $1,535,000. It spent 292 days on the market before going under contract.
Estimated monthly payment
$6,044 /mo
Principal and interest only, based on $230,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,150,000
- Days on Site
- 292 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 944 Acres
- Year Built
- 1984
- Property Type
- Commercial
- MLS #
- F10523905
- Property Tax
- $26,444 (2025)
- County
- Okeechobee
- Status
- Under Contract
- Special Conditions
- Standard
About This Property
Palm Drive Trailer Park presents a compelling Value Add investment opportunity located just 4 miles from downtown Okeechobee, offering residents convenient access to local services, retail, and employment centers. The property consists of 24 pad sites situated along 36th Avenue, a publicly maintained city street, ensuring dependable infrastructure and municipal service access. The park is also canal-front, with direct water access to Lake Okeechobee. Ownership has recently experienced a shift in motivation and has aggressively reduced the asking price, creating a compelling entry point for investors seeking immediate cash flow with future upside in a supply-constrained submarket. Cap Rate 7.0% at asking price. Easy Management. No Repair and Maintenance. Below Market Rent +8.5% Cap Rate
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Under Contract
- Year Built
- 1984
- Property Condition
- Resale
- Parking
- Accessible Parking
- Lot Size (Acres)
- 944
- Structure Type
- Warehouse
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- RR
Interior Features
- Cooling
- Central Air / Wall Window Units
- Heating
- Central / Wall Furnace
Community & HOA
- Utilities
- Cable Available / Natural Gas Not Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 6240 - NW County (OK)
About the Area
Okeechobee offers a range of housing options across Martin County. Pure Equity lists homes in Okeechobee and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 980
- Median List Price
- $278,900
- Median $/Sq Ft
- $200
- Avg Days on Market
- 159
Frequently Asked Questions
- How do I schedule a tour of 3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947?
- Use the Tour button on this listing to request a showing of 3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947 still available?
- 3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947 is currently listed as Under Contract, and has been on the market 292 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947?
- With 20% down ($230,000) on the $1,150,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947 is about $6,044/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947?
- Often, yes. The right offer on 3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947 depends on how it's priced against comparable commercial sales in Okeechobee, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Media Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,150,000
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Listed by Peter Dacko III, Media Realty
Map & Location
Cities in Okeechobee County
Zip Codes in Okeechobee County
Property Types
Recent Sales
Recently sold homes in ZIP 34947
These are the last 6 recorded closings in ZIP 34947, with the price each home actually sold for rather than what it was listed at. They closed at a median of $201 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$310,000
Sold · September 30, 2026
5316 AMUSEMENT Avenue
3 bed · 2 bath · 1,672 sqft · $185/sqft
$34,000 under the asking price
Sold$175,000
Sold · September 29, 2026
3400 Avenue S
3 bed · 1.5 bath · 1,108 sqft · $158/sqft
Sold$286,900
Sold · September 28, 2026
1614 Gaiety Way
3 bed · 2 bath · 1,394 sqft · $206/sqft
Sold$550,000
Sold · September 25, 2026
135 HARTMAN Road
5 bed · 4 bath · 3,916 sqft · $140/sqft
Sold$349,000
Sold · September 25, 2026
1603 N 43RD Street
3 bed · 2 bath · 1,565 sqft · $223/sqft
Sold$280,000
Sold · September 23, 2026
3101 Hibiscus Avenue
3 bed · 2 bath · 1,390 sqft · $201/sqft
$4,000 under the asking price
See every recorded sale in ZIP 34947 or find out what your ZIP 34947 home is worth.





