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1914 N C-470,  Lake Panasoffkee FL, 33538

(Active)
$975,000
|
840 sqft
|
MLS# O6182404
Last Updated: 5/17/2024 10:36 PM
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.
Price
$975,000
Sumter
840 (approx)
O6182404
Active
Description
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: Business Opportunities, Other
4.89 Acres 840 (approx) 1986
Other
20//
Other
Neighborhood
Room Information
Interior Features
Other
Exterior / Lot Features
Other
Driving Directions
Take E County Rd 470 to Lake Panasoffkee. Arrive at 1914 N County Road 470 Lake Panasoffkee, FL.
Financial Considerations
J05-128
$837
Listing Price History

Lake Panasoffkee Real Estate

Lake Panasoffkee is located in Florida. Lake Panasoffkee, Florida 33538 has a population of 3,559.

The median household income in Lake Panasoffkee, Florida 33538 is $39,579. The median household income for the surrounding county is $61,895 compared to the national median of $66,222. The median age of people living in Lake Panasoffkee 33538 is 61 years.

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Courtesy: LPT REALTY, 877-366-2213


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/17/2024 10:36 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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