2505 Fishermans Paradise Rd, Apopka, FL 32703

Property Status: Available (Wholesale) |  For Sale: $650,000.00


Multiple Family


Property Photos


Mobile Home Park F O R S A L E HUGE LAKEFRONT VALUE ADD! $200k UNDER MARKET VALUE ON LAKE APOPKA-Asking $650,000


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $650,000.00
Property Details:
Multiple Family
Property Style:
Land
Finished Sq Ft:
196,020
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
Well and Septic In Place
Contact Info
Street Wise Property Investments, LLC
(407) 595-3342

View on Individual's Website
This 4.51 acre Mobile Home Park sits right on Lake Apopka, right off the 429 and the 414 leaving you minutes from Winter Garden, Maitland and Downtown Orlando. Recent Appraisal for the property at $850k!! Take advantage of the 24% below market value. The Mobile Home Park is priced $200,000 below Appraised Value. The Park currently has a total of 6 units and a laundry room however, the value is in the land. With the drawn up plans as a Mobile Home Park, you can place 16-18 homes (4 sfh/mobile homes per acre) on the 4.51 acres. The appraisal may easily come in around 8% cap! You can also zone the land for a 16-18 single family homes subdivision. Additional concept plans are drawn up to have SFHs and an RV park on the land. The majority of the park is zoned C-2 but the Future Land Use makes it very easy to rezone for whatever you'd see fit. The park runs on Septic and Well with a 600ft deep pump. Possibility to connect to city water and sewer. The value add potentials are limitless! Site Details: Park Address: 2505 Fishermans Paradise Rd Apopka FL 32703 County-Orange Land Size 4.51 Acres +/- Units 6 Units: There are 4 mobile homes and 2 single family homes. Park Zoned for 16-18 mobile homes, sfh or develop town homes. (4 homes per acre allowed) Property Use Mobile Home Park, Potential Development Utilities The whole park is on Well and Septic. May connect to City Every unit is individually metered Taxes $10,504.62 (2019) Traffic Count 11,900. Ocoee Apopka Rd, High Concentration Deal As-is Appraisal at $851,856 Huge Value Add potential Asking $650,000 Located within 10 minutes from busy market areas including Dollar General, Sunoco, UF Research Campus The is lakefront to Lake Apopka. A total of 4.51+/- acres. There is a lot of space to add tremendous value! and the new Apopka Hospital. Property Details Status: Available State: FL County: Orange Parcel Number: 30-21-28-0152-00-231 Short Legal Description: GEORGE W ANDERSON SUB A/6 LOTS 23 & 24 LAND ON W TO WATERS OF LAKE APOPKA (LESS E 520 FT OF LOT 23) Size (In Acres): 4.5 Road Access: Yes - Unpaved Electricity: Yes Improvements Septic System Well Similar properties in the area are listed or have been recently sold for around $850,000. Buy this property today for just $650,000! (You save $200,000)

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Central Florida Realty Investors Association, Inc. is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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