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$850,000
Est. payment /mo
4.77 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mobile Home Park
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2125789
Annual Tax Amount $6,523
Lot Size 4.770 Acres
Acres 4.77
Property Sub-Type Mobile Home Park
Source realMLS (Northeast Florida Multiple Listing Service)
Property Description
Attention Investors! Rare opportunity to acquire a well-established mobile home park situated on 4.77 +/- acres, zoned RMH. Known as San Mateo Villas, this income-producing property features 26 total sites, including 22 mobile home lots and 4 RV sites. The park is attractively set with beautiful oak trees, offers both front and rear access, and is equipped with onsite fire hydrants, public water, and septic systems. Public sewer is available nearby. The seller does not own any units - all sites are lot rentals, minimizing maintenance responsibilities. Current occupancy includes 18 mobile home lots at $300/month and 4 RV sites at $400/month. County water and FP&L electric are billed directly to the tenants; RV site utilities are paid by the seller. The property is conveniently located near the St. Johns River in a growing area, with new marina and RV park recently completed just north of the property, further enhancing long-term value & demand. Additionally, an adjacent 8.5 +/- acres may be available for purchase from a separate owner, providing expansion or redevelopment potential. Owner is retiring. Don't miss this excellent investment opportunity with a strong cash flow.
Location
State FL
County Putnam
Area 564-East Palatka/San Mateo/N Satsuma/Orange Mills
Direction South on Hwy 17 to San Mateo, to San Mateo Villas MH Park on left, between The Bridge Church of San Mateo & Browning Pearce School.
Exterior
Parking Features Other
Private Pool No
Building
Lot Description Irregular Lot
Sewer Septic Tank
Water Public
Others
Tax ID 211027000003300000
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Listed by COLDWELL BANKER BEN BATES INC • MARC SPALDING
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