Very nice commercial location with a lot of potential for many types of business ventures. The property has a 2160 sq. ft warehouse space and a 768 sq. ft. office space. The property has a nice location on CR 470 approximately 2 miles west of I-75. The office space has a new galvalume metal roof, new facia and new soffit.
We are delighted to offer an exceptional investment opportunity within the fast-expanding RV park market: a 36 Pad RV Development situated at 1914 County Rd 470, Lake Panasoffkee, FL 33538. This proposition stands out as a unique chance to secure a property with immense potential for both income generation and capital growth. Positioned to become a sought-after destination for RV enthusiasts, the development promises quality, convenience, and proximity to a plethora of outdoor activities. Each pad is projected to generate $600 in monthly rental income or $275 weekly. The park in its completed form would be valued at around $2.52M ($70,000 each pad). This offers a dual opportunity: investors can either capitalize on immediate income through rentals or pursue selling the fully finished 36 Pad RV Park.
The median home value in Lake Panasoffkee, FL is $206,300. This is lower than the county median home value of $408,100. The national median home value is $338,100. The average price of homes sold in Lake Panasoffkee, FL is $206,300. Approximately 55.77% of Lake Panasoffkee homes are owned, compared to 17.44% rented, while 26.8% are vacant. Lake Panasoffkee real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Panasoffkee real estate agent to arrange a tour today!
Lake Panasoffkee, Florida 33538 has a population of 3,631. Lake Panasoffkee 33538 is more family-centric than the surrounding county with 21.76% of the households containing married families with children. The county average for households married with children is 6.32%.
The median household income in Lake Panasoffkee, Florida 33538 is $36,597. The median household income for the surrounding county is $63,323 compared to the national median of $69,021. The median age of people living in Lake Panasoffkee 33538 is 52.7 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 44.6 degrees. The average rainfall is approximately 51 inches per year, with 0 inches of snow per year.