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3611 Se 36 Ave SE 36 Ave Avenue, Okeechobee, FL 34947
Under Contract
292 Days on Market
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$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

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.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
1984
Year Built

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.

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Listing 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 Tour

General 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)

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
View all 980 homes for sale in Okeechobee →
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

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