$1268.93 Per Sq Foot $33,283 est/mo Sourced by Back At You

11951 SW Shiloh Road,CEDAR KEY, FL 32625

CEDAR KEY FL, 32625

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Description

RV PARK FOR SALE - Located just 3 miles from the gulf of Mexico. Phase one has 79 developed income producing sites. Phase two is in process of being entitled for 166 sites at preset. We are selling as phase one and two - willing to separate. Phase one is 79 sites that have the following amenities - Office, Camp Store, Propane Sales, Pool, Large newer manager doublewide, laundry, media center, outside showers, community center with warm kitchen area. Utilities - Water is provided by private well and septic is by 3 mound septic tanks. Management is on site. The trailing twelve months reflect an NOI of just a few dollars off $350,000 these numbers are accurate as they are derived from bank statements. Currently there is no vacancy for the winter season (October to March) and supports a waiting list. Phase one sold separately based on a 7.5 cap rate is offered at $4,650,000 - $58,860 per site. Phase two is currently in the process of entitlements, the concept is for 166 large sites on 20 acers, modern community center, office, media, exercise room, beauty shop, card rooms etc. Large attractive designed pool and sauna, pickle ball courts, bocce ball courts, dog walks, all lots are a minimum of 35x65 concrete pads with patios, 50 amp services. Totally landscaped, each lot lighted and marked, private entrance, professionally landscaped. The park can be marketed as a 5 star quality destination park (55+) or if the owner wishes some overnights as well, We are offering phase two for sale as an entitled shovel ready for development park at $1,550,00 - $9,338 per site. We currently have a list of potential tenants of well over 100 at the present. Note Phase two is contiguous to phase one property.

Details

MLS#OM662472
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year2006
Days On Site288
Listing Provided ByHOMERUN REALTY | James Jennings, Jr.

Features

SQ Feet4,886
Acreage30.17

Market Activity 32625

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of May 23, 2024 at 8:08:52 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 1 hour ago
StateFL
CountyLevy
CityCEDAR KEY
Zip Code32625
Area32625 Cedar Key
Listing VS Median (in 32625)
Price:
$6,200,000
low | high
Med:
$589,950
100% of Average
SqFt:
4,886
low | high
Med:
2,094
100% of Average
$ / SqFt:
$1,269
low | high
Med:
$282
100% of Average
On Site:
288
low | high
Med:
155.000000
100% of Average
Sourced by Back At You
Listing Updated: January 11, 2024 at 12:27:10 PM PST