Okeechobee Shores RV Resort — 170 Entitled Pads | Shovel-Ready Development
Okeechobee, FL
Asking price
$3,750,000
Sites
170
Cap rate
—
Price / site
$22,059
About this property
Description 170 Entitled RV Pads | Shovel-Ready Development | $3,750,000 (~$22K/pad) Okeechobee Shores is a fully entitled RV resort development site — 18.39 acres approved for 170 RV pads with direct US-441 frontage, minutes from Lake Okeechobee. This is entitled development land, not an operating resort: there is no current rent roll or in-place income. Underwriting is based on entitlement and engineering readiness and time-to-start. Critical development work is complete — civil engineering, septic and well design, wetland mitigation, and final site planning — with remaining agency items advancing on a defined schedule. Ownership has invested $1.6M+ in land and soft costs to deliver a site positioned for near-term horizontal development. 18.39± acres | 170 approved RV pads | park-model flexibility Septic/well + full civil plan set (developer-ready) US-441 frontage | proximity to Lake Okeechobee Time-to-start advantage — de-risked entitlement/engineering track Underwriting modeled to $90K–$110K/pad stabilized exit potential Full OM, plan set, and data room available upon execution of a confidentiality agreement. Conventional sale, seller financing, or JV structures considered with qualified developers. Contact Jose A. Villao, VP of Investments, Leisure Investment Properties Group.
All details
| Asking price | $3,750,000 |
|---|---|
| Sites | 170 |
| Price per site | $22,059 |
| Address | 8275 U.S. 441 |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
