Address
1914 N C-470, LAKE PANASOFFKEE, FL
Price
$ 975,000
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
Property vs Commercial Average in 33538
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on May 16, 2024 9:53 PM UTC The listing information on this page last changed on Last updated on May 16, 2024 9:53 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 16, 2024 9:53 PM UTC
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
