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1914 N C-470 Lake Panasoffkee, FL $ 975,000
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$ 975,000 Get more info
1914 N C-470
$ 975,000
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1914 N C-470

Lake Panasoffkee, FL, 33538
$ 975,000
Baths0.0 Sq 840

Monthly Estimate*

$ 6,480

1914 N C-470, Lake Panasoffkee, FL 33538 - Image 1
Studio

Commercial Property for sale in Lake Panasoffkee, FL

for $975,000. This 840 square foot building was built in 1986 on a lot size of 4.89.

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.

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Commercial Active

Price

$ 975,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 837

Style

Business

Lot Size

4.89

Year Built

1986

Town/City

Lake Panasoffkee

County/Region

Sumter

MLS | Web ID

O6182404
Features
General
Cooling Other
Construction Materials Other
Year Built 1986
Property SubType Business
Tax Year 2023
Percent Ownership Other
County Sumter
New Construction No
Property Type Commercial Sale
Status Active
Directions Take E County Rd 470 to Lake Panasoffkee. Arrive at 1914 N County Road 470 Lake Panasoffkee FL.
City LAKE PANASOFFKEE
Buyer Agent Compensation 2%
MLS Area 33538 - Lake Panasoffkee
Lot Size Square Feet 213008
Waterfront Y/N No
Street Name C-470
Tax Annual Amount 837.43
Public Remarks 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 prop
Days on Market 10
Standard Status Active
Tax Lot NA
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'
Water Access Y/N No
Water View Y/N No
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Exterior
Lot Size Area 4.89
Foundation Details Other
Number of Buildings 0
Building Area Total 840
Lot Size Acres 4.89
Road Surface Type Other
Lot Size Units Acres
Road Frontage Type County Road
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Interior
Air Conditioning Y/N Yes
Total Baths 0
Living Area Units Square Feet
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* Excluded Features
List By
Lpt Realty

Broker

peoplesindustry.investments@gmail.com

Email

Affordability Calculator

$6,550
Per Month
99%
1%
0%
Monthly Principal & Interest
$6,480
Monthly Property Taxes
$70
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/27/2024$975,000 Listed Price

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1914 N C-470, Lake Panasoffkee, FL, 33538 is a Commercial Property for sale at $975,000 with 840 sqft and a lot size of 4.89. 1914 N C-470 is a studio with 0.0 baths and was built in 1986. The property's zip code is 33538 which is in Lake Panasoffkee, FL

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