REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,295,500
Est. payment | /mo
10,000 SqFt
$ 1,295,500
Est. payment | /mo
10,000 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $129
MLS Listing ID A12055445
HOA Y/N No
Lot Size 0.920 Acres
Acres 0.92
Property Sub-Type Multi Family
Property Description
12.36% Cap Rate | $185K NOI | 100% Occupied | RV Park, Apartments & SFH Portfolio | Value-Add OpportunityBIG BASS LODGE AND RV PARK + Single Family Homes (SFH 5) 1069 MARINA LN & CRAMER LN MOORE HAVEN 33471Big Bass Lodge & RV Park is a stabilized, income-producing investment opportunity consisting of a diversified portfolio of apartment units, single-family homes, RV sites, and waterfront amenities located near Lake Okeechobee in Moore Haven, Florida.The property is currently operating at full occupancy and generates approximately $20,700 in monthly gross income with an estimated annual NOI of $185,352. The diversified tenant mix provides multiple income streams while reducing reliance on any single asset type.The portfolio includes a 9-unit CBS apartment building, multiple single-family rental homes, income-producing RV sites, common laundry facilities, carports, gazebo, and a private dock with canal frontage. The property benefits from municipal water service, Glades Electric, and on-site management.Investors will appreciate the significant value-add potential. The existing apartment building can be expanded from 9 to 11 units, and additional land on Cramer Lane offers the opportunity to develop additional RV sites, manufactured homes, container homes, tiny homes, or single-family residences, subject to buyer verification and approvals.Buyer and Buyer's Broker are encouraged to independently verify all information during the due diligence period.
Location
State FL
County Glades
Area 5940 - Other Florida County
Zoning Multifamily RV Park
Interior
Interior Features InteriorFeatures
Fireplace No
Others
Tax ID A234032U0200000050
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/kWRM1iu66Og
Listed by Richard Feldman Miami Waterfront Realty
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "