$975,000

1914 N C-470, Lake Panasoffkee, FL 33538

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$975,000

1914 N C-470 Lake Panasoffkee, FL 33538

For Sale MLS# O6182404

Commercial

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Data current as of 30/05/2024 03:35:38

Details for 1914 N C-470

MLS# O6182404

Description for 1914 N C-470, Lake Panasoffkee, FL, 33538


We are delighted to offer an exceptional investment opportunity within the fast-expanding RV parkmarket: a 36 Pad RV Development situated at 1914 County Rd 470, Lake Panasoffkee, FL 33538. Thisproposition stands out as a unique chance to secure a property with immense potential for both incomegeneration and capital growth. Positioned to become a sought-after destination for RV enthusiasts, thedevelopment 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 wouldbe valued at around $2.52M ($70,000 each pad). This offers a dual opportunity: investors can either capitalize on immediateincome through rentals or pursue selling the fully finished 36 Pad RV Park.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 4.89 Acres

Year Built: 1986

Construction: Other

Foundation: Other

County: Sumter

Utilities


Cooling: Other

Driving Directions


Take E County Rd 470 to Lake Panasoffkee. Arrive at 1914 N County Road 470 Lake Panasoffkee, FL.

Financial Considerations


Tax/Property ID: J05-128

Tax Amount: 837.43

Tax Year: 2023

Price Changes


$975,000 Original Price
$975,000 Current Price
$0Total Change
Date Price Change
02/29/2024 12.19 PM $975,000
Property price
$
Down payment
$
%
Interest rate
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Loan term
Property taxes
$
/yr
HOA dues
$
/mo
Homeowners insurance
$
/yr
$0/yr
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 1914 N C-470

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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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