$975,000
1914 N C-470 Lake Panasoffkee, FL 33538
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$975,000
Est. payment /mo
840 SqFt
UPDATED:
03/09/2024 02:57 AM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 840 sqft
Price per Sqft $1,160
MLS Listing ID O6182404
HOA Y/N No
Originating Board Stellar MLS
Year Built 1986
Annual Tax Amount $837
Lot Size 4.890 Acres
Acres 4.89
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.
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.
Location
State FL
County Sumter
Interior
Cooling Other
Exterior
Waterfront false
Building
Foundation Other
Lot Size Range 2 to less than 5
Structure Type Other
New Construction false
Others
Ownership Other
Special Listing Condition None
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Listed by LPT REALTY
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