For Sale
$3,200,000

12245 56Th Ave Okeechobee, FL 34972

85-acre Florida airport, established income.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 85-acre property encompasses a fully operational FAA-approved airport (08FD) in Okeechobee, Florida, boasting a 1-mile turf runway and a substantial 75x75 foot commercial hangar. The airport includes an AV-Gas-100LL-Diesel fuel station and generates significant annual income exceeding $260,000 through diverse revenue streams. These include aircraft parts and sales, short and long-term aircraft storage and parking, a landscape nursery, sod harvesting, a pilot air school, monthly fly-ins, Airbnb rentals, eight RV camping hookups, and the rental of two on-site residences (a 3/2 and a 2/2 home). The property presents a rare opportunity for expansion, with potential for additional hangar storage, drone taxi charging stations, and even an aircraft recovery site. Its central Florida location, near Okeechobee Airport, offers excellent logistical advantages. Beyond the airport, the property includes a spacious 3/2 CBS mansion with a 2-car garage and open floor plan, featuring an entertainment pavilion complete with a hot tub, fire pit, and brick pizza oven. Additional amenities include a unique treehouse, an air-conditioned detached office, a generator, an electric car charging station, six horse stalls with a tack room, a 9-hole golf course, mature oak trees, and a nursery containing thousands of plants. Given the cessation of new FAA licenses for private airports in South Florida, this represents a truly unique and potentially lucrative investment opportunity, offering both established income and a remarkable lifestyle property. The asking price is $3,200,000. The property is located at 12245 NE 56th Ave, Okeechobee, FL 34972.

Highlights

  • $3,200,000 asking price for a fully operational FAA-approved airport (08FD).
  • 85-acre property featuring a 1-mile turf runway, 75x75 commercial hangar, and AV-Gas-100LL-Diesel fuel station.
  • Generates over $260,000 in annual income from various sources including aircraft storage, sales, pilot training, and rentals.
  • Includes two on-site residences (3/2 and 2/2), RV hookups, and additional amenities such as a horse stable, golf course, and nursery.
  • Located in Okeechobee County, Florida, near Okeechobee Airport, offering excellent logistical advantages.

Property Details for 12245 56Th Ave

Property type
Specialty properties, Airport retail

Location Insight

City
Okeechobee
County
Okeechobee
State
Florida
Latitude
27.3578919
Longitude
-80.7714509

FAQs

What type of property is this?
Specialty property - 85-acre Florida airport, established income.
Where is the specialty property located?
The property is located at 12245 56Th Ave Okeechobee, FL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: $3,200,000 asking price for a fully operational FAA-approved airport (08FD).; 85-acre property featuring a 1-mile turf runway, 75x75 commercial hangar, and AV-Gas-100LL-Diesel fuel station.; Generates over $260,000 in annual income from various sources including aircraft storage, sales, pilot training, and rentals.
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12245 56Th Ave
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