47-Unit Mobile Home and RV
For Sale
$3,100,000
19140 US HIGHWAY 301, Dade City, FL 33523
Commercial Sale, DADE CITY, FL
Property Size15,838 SF
Lot Size9.84 Acres
Price / SF$195.73
Days on Market422
Property Features for 19140 US HIGHWAY 301
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Subdivision
ACREAGE
Directions
Go N on Us Highway 301 from the downtown Dade City area and turn right into the park entrance
Standard status
Active
APN
34-23-21-0000-01600-0010
Size
15,838 SF
Lot size
9.84 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
COM AT NW COR OF SE1/4 OF SE1/4 OF SEC TH SOUTH 450 FT TH S76DEG30'E 129 FT TH S74DEG 30'E 85.15 FT TO EAST R/W LINE OF USHWY 301 FOR POB TH S74DEG 30"E 214.85 FT TH N04DEG55'E 103 FT TH EAST 606 FT MOL TO WEST R/W LINE OF SCL RR TH NWLY ALG SAID R/W 304 FT MOL TH WEST 677 FT TO EAST R/W LINE OF US HWY 301 TH SWLY ALG SAID R/W 349.50 FT TO POB EXC PCL LOCATED IN NW COR THEREOF WITH DIMENSION OF 140 FT MOL EAST & WEST & WLY BDY DIMEN- SION OF 165 FT & EAST BDY DIMENSION OF 195 FT
Tax Annual Amount
19453
Legal Description
COM AT NW COR OF SE1/4 OF SE1/4 OF SEC TH SOUTH 450 FT TH S76DEG30'E 129 FT TH S74DEG 30'E 85.15 FT TO EAST R/W LINE OF USHWY 301 FOR POB TH S74DEG 30"E 214.85 FT TH N04DEG55'E 103 FT TH EAST 606 FT MOL TO WEST R/W LINE OF SCL RR TH NWLY ALG SAID R/W 304 FT MOL TH WEST 677 FT TO EAST R/W LINE OF US HWY 301 TH SWLY ALG SAID R/W 349.50 FT TO POB EXC PCL LOCATED IN NW COR THEREOF WITH DIMENSION OF 140 FT MOL EAST & WEST & WLY BDY DIMEN- SION OF 165 FT & EAST BDY DIMENSION OF 195 FT
Utilities
Sewer type
Septic Tank
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Well
Building Details
Year built
1982
Floors in Building
1
Building materials
Metal Siding, Vinyl Siding
Listing Agency:
MIHARA & ASSOCIATES INC.
(813) 960-2300
Listed By:
Raymond Mihara · License #639109
(813) 964-1225
Added: Aug 18, 2025
Changed: Aug 24
Last Checked: Oct 13 at 8:06PM
MLS# TB8417713
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Great Bay and Forest Oak comprise two mobile home and RV parks with 47 units across 9.84 acres. The property includes 15,838 square feet of improvements, was built in 1982, and features metal and vinyl siding. Most units have been updated. Cooling is provided by wall or window units, while water service includes a well and wastewater is handled by septic tanks.
The parks are positioned along US Highway 301 near Dade City, with surrounding farmland and access to the town center. The property is classified as C2 and lies within Flood Zone X. The combined site offers two separately named park operations and existing utility infrastructure for continued use.
The parks are positioned along US Highway 301 near Dade City, with surrounding farmland and access to the town center. The property is classified as C2 and lies within Flood Zone X. The combined site offers two separately named park operations and existing utility infrastructure for continued use.
Key Highlights
- 47 units across 9.84 acres
- Great Bay and Forest Oak parks included together
- 15,838 square feet of improvements built in 1982
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,664
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,913,280
$2.9M
Cap Rate 7%
$2,080,914
$2.1M
Cap Rate 9%
$1,618,489
$1.6M
Market Conditions
NOI Build-Up for 15,838 SF
Gross rent
$285.1K $18.00/SF
− Vacancy
−$20.2K −$1.28/SF
EGI
$264.8K $16.72/SF
− OpEx
−$119.2K −$7.52/SF
NOI
$145.7K $9.20/SF
Area
Pasco County, FL
Vacancy
7.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,913,280
Cap Rate 7%
$2,080,914
Cap Rate 9%
$1,618,489
Alternative Uses
Best Use
Apartment 5plus
$2.08M
$1.82M – $2.43M
NOI $145,664 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.61M
$3.16M – $4.21M
NOI $252,546 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 33523, FL
18,540
Population
8,132
Households
2.3
Avg Household Size
42
Median Age
21%
College-Educated
83%
High-School Grad
105.4 sq mi
ZIP Area
176
Density / Sq Mi
$60,897
Median Household Income
$35,283
Median Earnings
$1,020
Median Rent
$231,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Two named parks include updated units, well water, and septic systems within a C2-zoned property.
Where is this mobile home & rv park located?
The property is located at 19140 US HIGHWAY 301 Dade City, FL.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 47 units across 9.84 acres; Great Bay and Forest Oak parks included together; 15,838 square feet of improvements built in 1982
