965 Cr 439

    Lake Panasoffkee, FL 33538
    • $895,000
    • STATUS: Active
    • ON SITE: 703 days
    • MLS #: A4173806
    UPDATED: 25 min ago
    $895,000
    • 0
      BEDS
    • 2.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2004
    County:

    School Ratings & Info

    Description

    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 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.

    Monthly Payment Calculator




    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-12-13T23:41:34.63.
    www.onebluerealestate.com/homes/69013398

    965 Cr 439 Lake Panasoffkee, FL 33538

    • Price: $895,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: A4173806
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.62
    Acres
    2004
    Built
    Neighborhood:
    none
    County:
    Sumter
    Area:
    Lake Panasoffkee
    Property Description
    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 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.
    Exterior Features

    Carport Yn No Construction Materials BlockSidingWood Frame Exterior Features Outdoor Grill Lot Features Cul-De-SacIn CountySidewalkStreet Dead-EndStreet Paved Lot Size Dimensions 218X524 Parking Features BoatDrivewayNone Patio And Porch Features CoveredDeckPatioPorchScreened Pool Private Yn No Roof Shingle View Water Water Access Lake Water Access Yn Yes Water Body Name Lake Panasoffkee Water Extras Dock - Slip Deeded On-SiteFishing PierSeawall - Concrete Water Extras Yn Yes Water Frontage Feet Lake 114232 Water View Lake Waterfront Features Lake Waterfront Feet Total 114232 Waterfront Yn Yes

    Interior Features

    Cooling Central AirZoned Heating CentralElectric Water Source Public

    Property Features

    Additional Parcels Yn Yes Annual Expenses 120000 Annual Net Income 180000.00 Association Amenities Boat SlipDockPrivate Boat Ramp Association Fee Requirement None Cdd Yn No Community Features SidewalkWater AccessWaterfront Complex Dpryn No Flood Zone Code 50055252 Garage Yn No Homestead Yn No New Construction Yn No Pet Restrictions 0 Pets Allowed Yes Property Sub Type Multi-Family Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Not Applicable Tax Annual Amount 3200 Tax Year 2016 Total Num Buildings 12 Utilities Bb/Hs Internet AvailableCable ConnectedElectricity Connected Zoning 50055252


    Listing information © 2018 Florida Regional MLS.
    Listing provided courtesy of All Florida Realty & Auction C.



    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-12-13T23:41:34.63.
     
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    Orlando FL, 32809