1914 C-470 , LAKE PANASOFFKEE, FL 33538
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Priced at Only: $975,000
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Address: 1914 C-470 , LAKE PANASOFFKEE, FL 33538
Property Location and Similar Properties
- MLS#: O6182404 ( Commercial Sale )
- Street Address: 1914 C-470
- Viewed: 9
- Price: $975,000
- Price sqft: $1,161
- Waterfront: No
- Year Built: 1986
- Bldg sqft: 840
- Days On Market: 268
- Acreage: 4.89 acres
- Additional Information
- Geolocation: 28.7836 / -82.13
- County: SUMTER
- City: LAKE PANASOFFKEE
- Zipcode: 33538
- Provided by: LPT REALTY
- Contact: Natalie Cox
- 877-366-2213
- DMCA Notice
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DescriptionWe 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.
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- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Cooling: Other
- Road Frontage Type: County Road
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2023
Other Features
- Country: US
- 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 27'46"E 65.91 FT N 89DEG 49'49" E 16.07 FT S24 DEG 27'46" E 261.50 FT N 88 DEG 09'55"W 678.80 FT S 13 DEG 48'18"W123.60 FT S 76DEG 46'35" E 909.64 FT N 24DEG 27;46" W 599.38 FT N
- Area Major: 33538 - Lake Panasoffkee
- Parcel Number: J05-128
Nearby Subdivisions
- Marie McLaughlin
- CENTURY 21 Alliance Realty
- Your Real Estate Resource
- Mobile: 727.858.7569
- sellingrealestate2@gmail.com