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    Updated Home in 55+ Community Title is generated by Realmo AI

    312 TOWNBRIDGE DRIVE, Haines City, FL 33844

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    For Sale
    $199,900

    Updated 2-bed, 2-bath home in a resident-owned golf community.

    Type:Mobile Home
    Property size:
    1,754 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $113/SF
    Added:
    Mar 24, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 6 at 1:00 am

    Property Features for 312 TOWNBRIDGE DRIVE

    General Information

    Standard status
    Active
    Size
    1,754 SF
    Lot size
    0.11 Acres
    Property subtype
    Mobile Home

    Building Details

    Year Built
    1989

    We can help!

    Listing Contact
    Sanda Andrews
    Sanda Andrews

    Listing agent Sanda Andrews License #3242198

    Listing office GOOD COMPANY REALTY INC.

    Listing date Mar 24, 2026

    Source Exitrealty

    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 GOOD COMPANY REALTY INC.

    HighLights

    • Resident‑owned 55+ community offering resort‑style living with low $5 green fees for 18‑hole golf.
    • HOA includes cable TV (DVR + 2 HD boxes), internet, and most utilities (excluding electric and lawn mowing).
    • Updated 1754sf home featuring a new roof (including 3 skylights), 2023 AC, stainless steel appliances, and luxury laminate floors.
    • Extensive amenities include a private pub, community room, Lake Henry access, heated pool, hot tub, 24/7 workout room, tennis, pickleball, and more.
    • Includes a golf cart, inside laundry room with storage, and a shed.
    • Enjoy a split bedroom layout with A/C Florida Room, covered side porch, dual pane tilt‑in windows, and updated bathrooms (hi‑rise toilets, counter‑height vanities).

    Overview

    This updated 1754 square foot home features 2 bedrooms and 2 bathrooms in a split bedroom layout. The property includes an air-conditioned Florida Room and a covered side porch deck patio, both accessible from the open floor plan of the kitchen and family room. The kitchen is equipped with stainless steel appliances, a breakfast bar with a cooktop, and a built-in oven and microwave. The home features a formal living room combined with a formal dining room, offering flexible space. Windows are tilt-in dual pane. The home has luxury laminate floors, textured walls, and cove molding. A new roof with 3 new skylights and carport were installed in 2023, along with a new AC unit. Both bathrooms have hi-rise toilets and counter-height vanities. The property includes an inside laundry room with added storage space and a shed. Located in a gated, golf community, residents can enjoy access to an 18-hole golf course with a small green fee. Community amenities include a private pub, community room, Lake Henry with a dock, gardens, tennis courts, shuffleboard, pickle ball, horseshoes, a heated pool, hot tub, and a 24/7 workout room. The HOA includes a DVR, 2 HD cable boxes, and internet. The community is resident-owned and for those 55+ (minimum age is 50).

    Financial Insights

    Value Estimation Calculated for Apartment 5plus

    Conservative
    $184.6K
    NOI $16,614 @ 9.00% cap · cautious / downside scenario
    Moderate
    $237.3K
    NOI $16,614 @ 7.00% cap · market / base-case scenario
    Aggressive
    $332.3K
    NOI $16,614 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Apartment 5plus

    Component $ $/SF
    Gross rent $32.2k $18.36
    − Vacancy −$2.0k −$1.14
    EGI $30.2k $17.22
    − OpEx −$13.6k −$7.75
    NOI $16.6k $9.47
    1,754 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Use Scenarios

    Best Use
    Apartment 5plus
    $237.3K
    $207.7K – $276.9K (±1% cap)
    NOI $16,614 @ 7.0% cap · market cap 8.31%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $421.5K
    $368.8K – $491.8K (±1% cap)
    NOI $29,505 @ 7.0% cap · market cap 14.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Haines City
    County
    Polk
    State
    Florida
    Longitude
    -81.6789893
    Latitude
    28.1006526

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    FAQs

    What type of property is this?
    Mobile home & RV park - Updated 2-bed, 2-bath home in a resident-owned golf community.
    Where is this mobile home & rv park located?
    The property is located at 312 TOWNBRIDGE DRIVE Haines City, FL.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Resident‑owned 55+ community offering resort‑style living with low $5 green fees for 18‑hole golf.; HOA includes cable TV (DVR + 2 HD boxes), internet, and most utilities (excluding electric and lawn mowing).; Updated 1754sf home featuring a new roof (including 3 skylights), 2023 AC, stainless steel appliances, and luxury laminate floors.
    (863) 585-9610
    We can help!
    Listing Contact
    Sanda Andrews
    Sanda Andrews
    Real Estate License ID: 3242198
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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