Listing by: Stephanie Burroughs, TWENTY EIGHT REALTY CO, 850-842-1328

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I have come across a very promising investment opportunity that I believe will be of interest to you. The property in question is a mobile home park that is situated on a sprawling six-acre tract of pristine wooded land, located just under four miles away from the charming town of Ponce De Leon. The park boasts two fully functional wells that supply water to all twelve units. The cost of operating these wells is kept at a minimum, ensuring that the water supply remains both sustainable and cost-effective for all those who reside within the park. One of the biggest advantages of this property is its prime location. The park is conveniently situated near Ponce De Leon Springs and Vortex Springs, two of the most popular natural attractions in the area. Moreover,.it is just 50 miles north of the world-famous Emerald Coast beaches, providing residents with ample opportunity to soak up the sun and enjoy the surf. Perhaps even more importantly, the park is easily accessible from Interstate I-10, which is just a short five-mile drive away. This means that residents have easy access to all the amenities and attractions that the surrounding area has to offer. As for the mobile homes themselves, they are all owned by the seller and rent for $750 per month. What's more, there is the possibility of an increase in rent, making this investment even more lucrative. Overall, I believe that this mobile home park represents a fantastic investment opportunity that is well worth your consideration.

Property Details
Price $275,000
Lot Size 625 x 418
Lot Size Area 6.0002
Lot Size Area Units Acres
Acres 6
Property Type Commercial
MLS Sub type Multi Family
Year Built 1988
Foundation Pillar/Post/Pier
Geographic Data
Directions 2838 FL-81 Ponce De Leon, FL 32455 Head south on FL-81 S toward US-90 W 315 ft Turn left at the 1st cross street onto US-90 E 2.2 mi Turn left onto Oak Grove Church Rd/Oak Grv Rd/Old U.S. 90 W Continue to follow Oak Grove Church Rd/Oak Grv Rd 0.7 mi Slight left onto Valee Rd 0.8 mi Turn right onto Kile Rd/Rice Ln 384 ft Slight right onto Rice Ln Destination will be on the left 0.1 mi 1739 Rice Ln Ponce De Leon, FL 32455
County Holmes
Latitude 30.756767
Longitude -85.912362
Market Area 32455 - Ponce de Leon
Address Information
Address 1739 Rice LANE, PONCE DE LEON, FL 32455
Postal Code 32455
City PONCE DE LEON
State FL
Country United States
Listing Information
Listing Office TWENTY EIGHT REALTY CO
Listing Office Phone 850-842-1328
Listing Agent Stephanie Burroughs
Listing Agent Phone 850-842-1328
Buyer Agency Compensation 2.5%
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
Ownership Sole Proprietor
Terms Cash, Conventional, Other, Private Financing Available, Special Funding
Virtual Tour URL https://www.propertypanorama.com/instaview/stellar/T3458688
MLS® Information
Days on market 235
MLS® Status Active
Listing Date Jul 12, 2023
Listing Last Modified Apr 2, 2024
Tax ID 1814.00000000022.000
Tax Year 2022
Tax Annual Amount 1455
MLS® Area 32455 - Ponce de Leon
MLS® # T3458688

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