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Two Mobile Home & RV Parks
For Sale
$3,100,000

19140 Us Highway 301 DADE CITY, Dade City, FL 33523

Two established parks with 47 units on 9.84 acres, off US Highway 301, with city water or wells and septic systems.

Property Size15,838 SF
Lot Size9.84 Acres
Price / SF$195.73
Days on Market111

Property Features for 19140 Us Highway 301 DADE CITY

General Information

Standard status Active
Size 15,838 SF
Lot size 9.84 Acres
Zoning C2

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Business Included Yes
Multifamily Units 47

Taxes and HOA fees

Annual Taxes $19,453

Amenities

Public Records
true
Well
9.8386
9.84
40
false
Asphalt,Dirt
Crawlspace
Highway
15838
47

Building Details

Building Size 15,838 SF
Year Built 1982
Buildings 47
Tenancy Multi
Listed By: Chrissy Hayden
Source: Therealestatecollection
Added: Jul 6 Changed: Oct 4 Last Checked: Oct 7 at 9:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chrissy Hayden

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Investment Insights

Based on property information with market context.

For sale: a mobile home and RV parks portfolio consisting of two established communities, Great Bay and Forest Oak, totaling 47 units across 9.84 acres. The majority of units have been updated, with city water or well support and septic systems in place for reliable on-site utilities.

The property is positioned off US Highway 301 in Dade City, Florida, offering strong visibility and convenient access just minutes from the heart of town.

Both parks are located within Flood Zone X. The setting is described as surrounded by farmland.

Key Highlights

  • Two established mobile home/RV parks (Great Bay and Forest Oak) totaling 47 units on 9.84 acres in Dade City, FL
  • Off US Highway 301 with highway road frontage for visibility and convenient access
  • Most units have been updated, supporting consistency for rental operations

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 (±1% cap)
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 (±1% cap)
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

Lease Details

47
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Two established parks with 47 units on 9.84 acres, off US Highway 301, with city water or wells and septic systems.
Where is this mobile home & rv park located?
The property is located at 19140 Us Highway 301 DADE CITY 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: Two established mobile home/RV parks (Great Bay and Forest Oak) totaling 47 units on 9.84 acres in Dade City, FL; Off US Highway 301 with highway road frontage for visibility and convenient access; Most units have been updated, supporting consistency for rental operations
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