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965 CR 439

Multi-family Recently Sold
$650,000

BTC: 6.82773038

ETH: 212.07108623

Sold on: 2020-01-29
961 days
Waterfront
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Live your dream and own one of the most breathtaking Marinas in the state of Florida. Retired or still working and looking for an Income. This is a very versatile Property with numerous options for great income and return on your investment. Easy 13+% Net Cap Rate just from the rental cottages, R/V lots, and boat slip rentals without even including the on site restaurant income potential that is up and running. If the owner operates the restaurant and bait shop shemselves the numbers go up 30-40%. Waterfront restaurant features indoor and outdoor seating for up to 75 persons that could be rented out. Open as a catch and cook along with a menu restaurant. Your guest would love to eat what they caught.The restaurant has become extra income and a great asset to the area. There is a very nice 3/2 unit for the owners to live in, or choose a smaller unit and rent the larger one out. There are 28 boat slips, or 56 half slips for the average bass boat. Great income also comes in from the 11 units an upto 13 R/V lots on site. Start your own kayaking, canoeing, jet ski, paddle board or boat rental business or fishing tours. There are numerous ways to double your income possibilities.

Location

Facts and features

Type:
Residential Income
Parking:
Boat / Driveway / None
Year Built:
2004
Lot:
2.62 Acres
Heating:
Central / Electric
Price/sqft:
No Data
Cooling:
Central Air / Zoned
HOA:
No Data
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Zoned

  • Parking

    • Boat

    • Driveway

    • None

    Property

    • Exterior Features: Outdoor Grill

    Lot

    • Lot: 2.62 Acres

    Other Property Information

    • Parcel Number: J04001

    • Zoning: 5005, 5252

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $3,717

  • Source details

    • MLS ID: A4173806

    Other facts

    • Construction Materials: Block / Siding / Wood Frame

    • Lot Features: Cul-De-Sac / In County / Sidewalk / Street Dead-End

    • Patio And Porch Features: Covered / Deck / Patio / Porch / Screened

    • Waterfront: Yes

    • Water Body Name: Lake Panasoffkee

    • Water Source: Public

    • Lot Size Dimensions: 218 x 524

    • Subdivision Name: NONE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: All Florida Realty & Auction C