Lake Panasoffkee, FL 33538,1914 N C-470
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$ 975,000
Est. payment | /mo

840 SqFt


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$ 975,000
Est. payment | /mo
Save

840 SqFt

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.

Location

State FL

County Sumter

Interior

Cooling Other

Building

Foundation Other

Lot Size Range 2 to less than 5

Structure Type Other

New Construction false

Others

Ownership Other

Special Listing Condition None

Stellar MLS
Listed by LPT REALTY
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1914 N C-470