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515 77Th St E Palmetto, FL 34221

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For Sale
$1,800,000

Mobile home park with rental upside and infill potential.

Lot size:
2.10 Acres

Property Features for 515 77Th St E

General Information

Lot size
2.10 Acres

Source: OtherStreet Advisors Agent Enon Winkler

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Palmetto Mobile Home Park Opportunity

This mobile home park, located in Palmetto, Florida, presents a significant opportunity for rental upside. Current lot rents are approximately $589 per month below market rates compared to neighboring communities. The property also offers immediate infill potential with four vacant lots ready to be occupied. The community is serviced by well water and municipal sewer. The property has the potential to achieve a total operating income of $206,665 by year five.
Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Wholesale Shop Hotel & Motel Kitchen & Bath Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Palmetto
County
Manatee
State
Florida
Longitude
-82.559089
Latitude
27.581851

FAQs

What type of property is this?
Mobile home & RV park - Mobile home park with rental upside and infill potential.
Where is this mobile home & rv park located?
The property is located at 515 77Th St E Palmetto, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: - Significant rental upside with rents below market by ~$589/month.; - Immediate infill upside with four vacant lots ready to be filled.; - Opportunity to achieve a total operating income of $206,665 by year five.
More about this property
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