Property Attributes
- MLS#O6182404
- TypeCommercial
- CountySUMTER
- CityLAKE PANASOFFKEE
- AreaLake Panasoffkee
- Zip33538
- StyleBusiness
- Year Built1986
- Taxes$ 837
- Price$ 975,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage840
- Lot Size4.89 Acres
Data Source:
Stellar MLS
Property Description
We are delighted to offer an exceptional investment opportunity within the fast-expanding RV park market: a 36 Pad RV Development situated at 1914 County Rd 470, Lake Panasoffkee, FL 33538. This proposition stands out as a unique chance to secure a property with immense potential for both income generation and capital growth. Positioned to become a sought-after destination for RV enthusiasts, the development promises quality, convenience, and proximity to a plethora of outdoor activities. Each pad is projected to generate $600 in monthly rental income or $275 weekly. The park in its completed form would be valued at around $2.52M ($70,000 each pad). This offers a dual opportunity: investors can either capitalize on immediate income through rentals or pursue selling the fully finished 36 Pad RV Park.
Price History | |
---|---|
2/27/2024 | Listed $975,000 |
General Features
Cooling | Other |
---|---|
Construction Materials | Other |
Year Built | 1986 |
Property SubType | Business |
Tax Year | 2023 |
Percent Ownership | Other |
County | Sumter |
New Construction | No |
Property Type | Commercial Sale |
Status | Active |
Directions | Take E County Rd 470 to Lake Panasoffkee. Arrive at 1914 N County Road 470 Lake Panasoffkee,FL. |
City | LAKE PANASOFFKEE |
Buyer Agent Compensation | 2% |
MLS Area | 33538 - Lake Panasoffkee |
Lot Size Square Feet | 213008 |
Waterfront Y/N | No |
Street Name | C-470 |
Tax Annual Amount | 837.43 |
Public Remarks | We are delighted to offer an exceptional investment opportunity within the fast-expanding RV park market: a 36 Pad RV Development situated at 1914 County Rd 470,Lake Panasoffkee,FL 33538. This prop |
Days on Market | 10 |
Standard Status | Active |
Tax Lot | NA |
Legal Description | COM AT CL INTERSECTION OF CR 470 & CR 439 BEING ON THE N LINE OF SEC RUN S 89 DEG 49'01 W 814.05 FT S 11 DEG 36'02 W 117.51 FT S 14DEG 45'00 W 275.35 FT S 89 DEG 59'17 E 658.35 FT TO POB S 24DEG 27' |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Living Area Units | Square Feet |
Exterior Features
Lot Size Area | 4.89 |
---|---|
Foundation Details | Other |
Building Area Total | 840 |
Lot Size Acres | 4.89 |
Road Surface Type | Other |
Lot Size Units | Acres |
Road Frontage Type | County Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool