RV Park Cap Rates in Florida
Real capitalization rate data from 1082 parks across Florida. Understand what the market is actually returning before you write a check.
What This Means for Investors
Florida is running hot. An average cap rate of 14.2% is well above the national norm, which signals either underpriced assets, rural markets with strong cash flow, or operators who haven't professionalized revenue. For buyers, that spread is opportunity — find the bottom-quartile operators and you're buying cash flow, not just real estate.
The wide range (2.7%–62.8%) tells the other side of the story: there are parks in this state priced like trophy assets and parks priced like distressed debt. Know which bucket you're bidding on. The highest cap rates typically reflect either management upside or location risk — underwrite both.
With data spread across 276 cities, Florida offers enough geographic diversity to be selective. The city breakdown below shows where the cap rate compression is worst and where pockets of yield still exist.
At an average estimated value of $4,368,804, most Florida parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — Florida
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Pensacola | 11.7% | 89 | $547,081 |
| Okeechobee | 12.8% | 37 | $1,817,258 |
| Thonotosassa | 12.8% | 22 | $2,184,488 |
| Tampa | 10.0% | 22 | $396,009 |
| Lakeland | 13.1% | 18 | $10,609,828 |
| Milton | 11.4% | 17 | $1,617,423 |
| Fort Walton Beach | 13.1% | 15 | $436,273 |
| Arcadia | 16.4% | 12 | $9,678,599 |
| Punta Gorda | 16.4% | 11 | $8,081,092 |
| Defuniak Springs | 13.6% | 11 | $838,459 |
| Zephyrhills | 11.7% | 11 | $7,260,836 |
| Dade City | 11.1% | 11 | $3,001,767 |
| Homosassa | 19.0% | 10 | $3,323,559 |
| Naples | 19.0% | 10 | $7,443,497 |
| Saint Augustine | 14.0% | 10 | $1,859,856 |
| Fort Pierce | 13.9% | 10 | $4,148,988 |
| Panama City | 12.6% | 10 | $569,848 |
| West Palm Beach | 10.9% | 10 | $2,880,625 |
| Marianna | 9.9% | 10 | $448,237 |
| Seffner | 9.2% | 10 | $368,256 |
| Panama City Beach | 17.2% | 9 | $3,808,310 |
| Key Largo | 16.8% | 9 | $1,552,490 |
| Palmetto | 14.9% | 9 | $7,625,904 |
| Madison | 14.8% | 9 | $1,791,674 |
| Vero Beach | 13.9% | 9 | $9,170,769 |
| Crawfordville | 11.6% | 9 | $251,148 |
| Clermont | 9.9% | 9 | $41,314,533 |
| New Smyrna Beach | 16.0% | 8 | $2,841,777 |
| St Petersburg | 14.8% | 8 | $14,149,570 |
| Plant City | 13.9% | 8 | $1,135,008 |
| Crystal River | 13.3% | 8 | $4,993,026 |
| Jacksonville | 13.1% | 8 | $3,322,340 |
| Daytona Beach | 19.2% | 7 | $11,016,034 |
| Marathon | 17.8% | 7 | $862,039 |
| Ocala | 17.6% | 7 | $4,852,094 |
| Lake Panasoffkee | 17.4% | 7 | $1,516,277 |
| Sebastian | 17.1% | 7 | $1,068,672 |
| Avon Park | 15.7% | 7 | $5,694,200 |
| Navarre | 15.4% | 7 | $1,939,198 |
| Bradenton | 13.3% | 7 | $8,832,833 |
| Davenport | 13.3% | 7 | $13,325,187 |
| Wewahitchka | 11.2% | 7 | $416,253 |
| Crestview | 10.6% | 7 | $284,709 |
| Lake City | 15.8% | 6 | $1,073,862 |
| Freeport | 15.3% | 6 | $1,083,405 |
| Cape Canaveral | 15.2% | 6 | $2,407,119 |
| Lake Wales | 15.2% | 6 | $6,295,778 |
| Leesburg | 13.5% | 6 | $7,777,004 |
| Cottondale | 12.1% | 6 | $258,439 |
| Old Town | 12.0% | 6 | $1,331,493 |
| Key West | 11.7% | 6 | $908,069 |
| Kissimmee | 11.6% | 6 | $13,850,657 |
| Big Pine Key | 10.7% | 6 | $2,278,803 |
| Lake Worth Beach | 9.2% | 6 | $4,301,160 |
| Fort Myers | 19.0% | 5 | $13,221,481 |
| Port Richey | 19.0% | 5 | $10,197,253 |
| Carrabelle | 18.5% | 5 | $1,129,758 |
| Bonita Springs | 18.3% | 5 | $15,258,091 |
| Tallahassee | 18.0% | 5 | $1,366,240 |
| Labelle | 17.6% | 5 | $6,884,035 |
| Flagler Beach | 17.1% | 5 | $5,945,874 |
| Hudson | 17.0% | 5 | $5,903,845 |
| Starke | 16.7% | 5 | $1,517,780 |
| Lake Placid | 15.0% | 5 | $5,688,657 |
| Steinhatchee | 14.9% | 5 | $531,550 |
| Frostproof | 14.3% | 5 | $11,307,360 |
| Moore Haven | 14.0% | 5 | $5,052,473 |
| Cocoa | 13.6% | 5 | $1,552,294 |
| Gibsonton | 13.4% | 5 | $1,266,490 |
| Clewiston | 13.0% | 5 | $3,112,408 |
| Malone | 11.3% | 5 | $180,292 |
| Anastasia Island | 10.3% | 5 | $7,301,555 |
| Orlando | 10.2% | 5 | $5,812,538 |
| Brooksville | 24.2% | 4 | $10,619,256 |
| Santa Rosa Beach | 19.6% | 4 | $2,468,941 |
| North Fort Myers | 19.1% | 4 | $9,145,734 |
| Silver Springs | 19.0% | 4 | $11,114,775 |
| Port Saint Joe | 18.5% | 4 | $1,782,181 |
| Fort Lauderdale | 18.3% | 4 | $3,085,440 |
| De Leon Springs | 17.9% | 4 | $2,542,525 |
| Mayo | 16.9% | 4 | $4,209,435 |
| Sebring | 16.9% | 4 | $13,208,949 |
| White Springs | 15.3% | 4 | $1,246,578 |
| Ruskin | 14.3% | 4 | $10,276,056 |
| Inglis | 13.6% | 4 | $630,739 |
| Cedar Key | 13.3% | 4 | $1,434,547 |
| Winter Haven | 13.1% | 4 | $1,629,628 |
| Live Oak | 12.6% | 4 | $7,158,883 |
| Ponce De Leon | 11.9% | 4 | $538,257 |
| Port Orange | 11.6% | 4 | $8,621,009 |
| Mims | 9.1% | 4 | $17,845,376 |
| Sopchoppy | 8.8% | 4 | $1,099,761 |
| Fort Myers Beach | 19.4% | 3 | $19,027,187 |
| Panacea | 18.9% | 3 | $877,663 |
| Chiefland | 18.8% | 3 | $5,888,522 |
| Oak Hill | 18.8% | 3 | $1,795,545 |
| Gulf Breeze | 18.7% | 3 | $435,274 |
| Riverview | 18.6% | 3 | $8,853,685 |
| High Springs | 18.4% | 3 | $1,990,229 |
| Ormond Beach | 18.3% | 3 | $1,707,050 |
| Melbourne Beach | 18.2% | 3 | $8,203,935 |
| Clearwater | 17.8% | 3 | $8,507,716 |
| New Port Richey | 17.6% | 3 | $7,570,440 |
| Auburndale | 17.5% | 3 | $6,773,910 |
| Green Cove Springs | 16.7% | 3 | $1,635,257 |
| Titusville | 16.7% | 3 | $11,061,596 |
| Bushnell | 15.9% | 3 | $15,235,474 |
| Islamorada | 15.2% | 3 | $4,271,346 |
| Saint Marks | 14.5% | 3 | $528,123 |
| Cantonment | 13.8% | 3 | $115,080 |
| Tavernier | 13.7% | 3 | $908,200 |
| Jasper | 13.5% | 3 | $189,910 |
| Polk City | 13.5% | 3 | $4,335,697 |
| Haines City | 12.8% | 3 | $3,572,223 |
| Winter Garden | 12.4% | 3 | $8,796,529 |
| Monticello | 11.4% | 3 | $2,274,127 |
| Sneads | 11.4% | 3 | $385,507 |
| Macclenny | 11.3% | 3 | $223,717 |
| Bonifay | 10.5% | 3 | $852,652 |
| Bristol | 10.5% | 3 | $331,188 |
| Williston | 10.3% | 3 | $12,463,687 |
| Greenwood | 8.9% | 3 | $358,027 |
| Perry | 7.5% | 3 | $6,170,907 |
| Miami | 7.2% | 3 | $2,487,557 |
| Venice | 6.9% | 3 | $8,045,765 |
| Monroe County | 21.3% | 2 | $3,107,276 |
| Chokoloskee | 21.0% | 2 | $10,329,216 |
| Homestead | 20.9% | 2 | $10,374,658 |
| Seville | 20.6% | 2 | $1,014,187 |
| Cortez | 20.4% | 2 | $2,530,395 |
| Tarpon Springs | 20.1% | 2 | $2,119,349 |
| Malabar | 19.7% | 2 | $2,963,075 |
| Jensen Beach | 19.6% | 2 | $9,349,242 |
| Citra | 19.4% | 2 | $13,822,005 |
| Keystone Heights | 19.4% | 2 | $14,412,324 |
| Lady Lake | 19.4% | 2 | $23,984,244 |
| Lutz | 19.2% | 2 | $3,886,003 |
| Hobe Sound | 18.9% | 2 | $2,413,408 |
| Melbourne | 18.9% | 2 | $7,465,127 |
| Pembroke Park | 18.9% | 2 | $2,057,314 |
| Port Charlotte | 18.8% | 2 | $2,427,001 |
| Port St Lucie | 18.8% | 2 | $2,904,621 |
| Dover | 18.5% | 2 | $11,530,952 |
| Largo | 18.3% | 2 | $5,384,339 |
| Riviera Beach | 18.3% | 2 | $3,758,411 |
| Holt | 18.1% | 2 | $2,027,091 |
| Merritt Island | 17.9% | 2 | $1,144,350 |
| Delray Beach | 17.8% | 2 | $1,056,904 |
| Land O Lakes | 17.8% | 2 | $544,452 |
| Sarasota | 17.6% | 2 | $1,633,229 |
| Bowling Green | 17.2% | 2 | $8,451,635 |
| Mexico Beach | 16.1% | 2 | $2,039,727 |
| Palm Bay | 15.4% | 2 | $1,118,937 |
| Branford | 15.2% | 2 | $1,619,841 |
| Wimauma | 15.0% | 2 | $3,872,813 |
| Deland | 14.9% | 2 | $3,165,549 |
| Fountain | 14.8% | 2 | $1,156,496 |
| Vernon | 14.7% | 2 | $201,390 |
| Wauchula | 14.7% | 2 | $9,914,017 |
| Glen Saint Mary | 14.6% | 2 | $6,481,637 |
| Century | 13.8% | 2 | $163,030 |
| Otter Creek | 13.6% | 2 | $681,714 |
| Lake Butler | 13.1% | 2 | $175,234 |
| Molino | 12.8% | 2 | $124,670 |
| Destin | 12.4% | 2 | $212,177 |
| Loxahatchee | 12.2% | 2 | $10,330,275 |
| Youngstown | 12.0% | 2 | $1,668,236 |
| Grand Ridge | 11.7% | 2 | $220,570 |
| Worthington Springs | 11.6% | 2 | $1,725,671 |
| Wabasso | 11.4% | 2 | $481,705 |
| Blountstown | 10.8% | 2 | $517,860 |
| Hosford | 10.8% | 2 | $418,687 |
| Lake Alfred | 10.1% | 2 | $1,835,502 |
| Ellenton | 9.2% | 2 | $834,330 |
| Graceville | 9.2% | 2 | $153,440 |
| Pace | 8.8% | 2 | $287,700 |
| Jay | 8.5% | 2 | $306,880 |
| Apopka | 8.2% | 2 | $5,142,500 |
| Belleview | 8.2% | 2 | $2,970,000 |
| Chipley | 7.2% | 2 | $383,600 |
| Davie | 6.0% | 2 | $7,500,000 |
| Jennings | 6.0% | 2 | $10,875,000 |
| Sugarloaf Key | 6.0% | 2 | $11,775,000 |
| Saint James City | 4.5% | 2 | $35,600,000 |
| Sugarloaf | 24.8% | 1 | $5,176,011 |
| Micco | 24.3% | 1 | $976,479 |
| E Rockland Key | 24.0% | 1 | $2,249,572 |
| Everglades City | 24.0% | 1 | $3,272,722 |
| Jupiter | 23.5% | 1 | $5,095,300 |
| Lamont | 23.0% | 1 | $434,878 |
| Pensacola Beach | 21.4% | 1 | $2,736,333 |
| Cape Coral | 21.1% | 1 | $18,322,498 |
| Juno Beach | 20.8% | 1 | $8,756,523 |
| St. Augustine Beach | 20.4% | 1 | $7,090,720 |
| Citrus County | 20.3% | 1 | $8,005,730 |
| Eustis | 19.9% | 1 | $33,066,454 |
| Florida City | 19.9% | 1 | $11,547,526 |
| Fort McCoy | 19.9% | 1 | $11,161,537 |
| Grand Island | 19.9% | 1 | $12,158,676 |
| Long Key | 19.9% | 1 | $11,354,531 |
| Margate | 19.9% | 1 | $20,779,114 |
| Odessa | 19.9% | 1 | $9,810,572 |
| Rockledge | 19.9% | 1 | $13,413,143 |
| Salt Springs | 19.9% | 1 | $15,182,262 |
| Umatilla | 19.9% | 1 | $13,799,133 |
| Eastpoint | 19.4% | 1 | $944,772 |
| Palmdale | 19.4% | 1 | $3,669,827 |
| Yankeetown | 19.4% | 1 | $914,295 |
| Broward County | 19.1% | 1 | $625,589 |
| Seminole | 19.1% | 1 | $5,530,174 |
| Alford | 18.9% | 1 | $10,246,253 |
| Belle Glade | 18.9% | 1 | $10,831,753 |
| Englewood | 18.9% | 1 | $11,475,803 |
| Reddick | 18.9% | 1 | $11,300,153 |
| Miramar Beach | 18.6% | 1 | $965,761 |
| Pierson | 18.5% | 1 | $2,554,143 |
| Orange Springs | 18.4% | 1 | $2,789,887 |
| Palm Shores | 18.4% | 1 | $3,040,977 |
| Christmas | 18.2% | 1 | $4,586,696 |
| Layton | 18.2% | 1 | $15,045,305 |
| Tavares | 18.2% | 1 | $9,118,463 |
| Alachua | 18.1% | 1 | $4,101,783 |
| East Palatka | 18.1% | 1 | $1,496,511 |
| Fort White | 18.1% | 1 | $1,387,673 |
| Osteen | 18.1% | 1 | $1,768,604 |
| Palm Harbor | 18.1% | 1 | $2,339,999 |
| Satellite Bch | 18.1% | 1 | $1,442,092 |
| Dunedin | 18.0% | 1 | $6,259,079 |
| Waldo | 18.0% | 1 | $4,029,450 |
| Pahokee | 17.9% | 1 | $2,895,244 |
| S Daytona | 17.9% | 1 | $2,364,007 |
| Sanibel | 17.7% | 1 | $8,823,612 |
| Georgetown | 17.6% | 1 | $1,014,186 |
| Grant Valkaria | 17.6% | 1 | $988,181 |
| Lithia | 17.6% | 1 | $1,040,191 |
| Pinellas Park | 17.6% | 1 | $520,096 |
| River Ranch | 17.6% | 1 | $520,096 |
| Yulee | 17.6% | 1 | $936,173 |
| Ochopee | 17.3% | 1 | $2,966,813 |
| Kenansville | 17.2% | 1 | $3,157,088 |
| Little Torch Key | 17.0% | 1 | $344,801 |
| Midway | 17.0% | 1 | $172,401 |
| Nokomis | 17.0% | 1 | $13,491,542 |
| Port Saint Lucie | 17.0% | 1 | $467,944 |
| Weeki Wachee | 17.0% | 1 | $418,687 |
| Sorrento | 16.6% | 1 | $20,107,025 |
| Interlachen | 16.2% | 1 | $1,883,210 |
| Tierra Verde | 15.7% | 1 | $5,430,108 |
| Deerfield Beach | 15.1% | 1 | $3,152,084 |
| Crescent City | 14.6% | 1 | $344,801 |
| Holiday | 14.6% | 1 | $394,057 |
| Mulberry | 14.6% | 1 | $467,944 |
| Westville | 14.6% | 1 | $418,687 |
| Astor | 14.5% | 1 | $1,026,968 |
| Debary | 13.4% | 1 | $475,843 |
| South Bay | 13.4% | 1 | $1,370,430 |
| Hernando | 12.8% | 1 | $460,320 |
| Clarksville | 11.7% | 1 | $153,440 |
| Fort Meade | 11.7% | 1 | $95,900 |
| Glen St Mary | 11.7% | 1 | $95,900 |
| Ocoee | 11.7% | 1 | $287,700 |
| Palatka | 11.7% | 1 | $230,160 |
| Spring Hill | 11.7% | 1 | $153,440 |
| Temple Terrace | 11.7% | 1 | $153,440 |
| Valparaiso | 11.7% | 1 | $153,440 |
| Micanopy | 11.1% | 1 | $831,238 |
| Archer | 10.8% | 1 | $295,544 |
| Felda | 10.8% | 1 | $1,926,187 |
| Apalachicola | 9.8% | 1 | $479,500 |
| Mount Dora | 9.8% | 1 | $863,100 |
| Safety Harbor | 9.8% | 1 | $498,680 |
| Niceville | 7.8% | 1 | $115,080 |
| St Augustine | 7.8% | 1 | $191,800 |
| Wildwood | 7.8% | 1 | $115,080 |
| Fruitland Park | 6.0% | 1 | $4,622,380 |
| Greenacres | 4.3% | 1 | $7,077,420 |
Top 10 Highest Cap Rate Parks
Highest estimated returns — investigate occupancy, management quality, and NOI sustainability before buying on cap rate alone.
| Park Name | City | Cap Rate | Sites | Est. Value |
|---|---|---|---|---|
| Seven Sisters Campground | Homosassa | 62.8% | 12 | $295,543 |
| Weeki Wachee North MHP | Brooksville | 51.1% | 23 | $441,140 |
| October Bend RV Park | Lake City | 24.9% | 18 | $430,144 |
| Goldcoaster Trailer Park | Homestead | 24.8% | 548 | $13,070,759 |
| Floridays Mobile Home Park | Hobe Sound | 24.8% | 88 | $2,098,954 |
| Bluewater Key RV Resort | Sugarloaf | 24.8% | 81 | $5,176,011 |
| Sunshine Travel | Vero Beach | 24.8% | 291 | $6,940,858 |
| Tampa East RV Resort | Dover | 24.6% | 765 | $18,016,227 |
| Big Oak RV Park | Tallahassee | 24.6% | 100 | $2,355,062 |
| Sun Outdoors Islamorada | Islamorada | 24.5% | 130 | $7,759,130 |
10 Lowest Cap Rate Parks
Lower cap rates reflect higher prices relative to income — often found in premium markets, coastal areas, or parks with strong amenities and stable occupancy.
| Park Name | City | Cap Rate | Sites | Est. Value |
|---|---|---|---|---|
| HEAVENS BREEZE | Okeechobee | 2.7% | 31 | $450,022 |
| Good Samaritan Village | Kissimmee | 3.8% | 400 | $48,000,000 |
| Moss Park | Orlando | 3.8% | 54 | $881,475 |
| Timberlake | Pensacola | 3.8% | 383 | $7,345,940 |
| Fairfield Pines Mobile Home Park | Pensacola | 4.1% | 211 | $4,046,980 |
| Lake Griffin Harbor Village | Leesburg | 4.3% | 350 | $6,713,000 |
| Bradenton Tropical Palms Inc. | Bradenton | 4.3% | 566 | $10,855,880 |
| Village on the Greens | Bradenton | 4.3% | 625 | $11,987,500 |
| Holiday Plaza M.H.P. | West Palm Beach | 4.3% | 266 | $5,101,880 |
| Palm Beach Colony | West Palm Beach | 4.3% | 285 | $5,466,300 |
Get Full Owner Contact Data for Florida
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