Venice Isle Mobile Home
For Sale
$139,900
824 CERVINA Dr, Venice, FL 34285
Resident-owned 55+ mobile home park with extensive amenities.
Property Size1,152 SF
Lot Size0.15 Acres
Days on Market322
Property Features for 824 CERVINA Dr
General Information
Standard status
Active
Size
1,152 SF
Lot size
0.15 Acres
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$1,984
Building Details
Building Size
1,152 SF
Year Built
1977
Stories
1
Listing Agency:
VENICE ISLE REAL ESTATE SALES
Listed By:
Neville Demo · License #652016
(941) 485-7743
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 6
Last Checked: Oct 14 at 11:57PM
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 VENICE ISLE REAL ESTATE SALES
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Venice Isle is a resident-owned mobile home park for residents over 55. The park contains close to 1000 homes with active residents. The park offers amenities including two clubhouses, two tennis courts, a fitness center, two heated pools, two hot tubs, saunas, putting greens, shuffleboard, Bocce ball, miniature golf, art rooms, a pool room, TV lounges, card rooms, a library, horseshoes, ceramic kilns, and two ballrooms. The park also hosts Sunday services and other gatherings and shows.
Key Highlights
- Premier resident‑owned 55+ mobile home park in Venice.
- Extensive amenities including 2 clubhouses, 2 heated pools, 2 hot tubs, fitness center, and more.
- Active community with frequent park gatherings and shows.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,491
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,820
$209.8K
Cap Rate 7%
$149,871
$149.9K
Cap Rate 9%
$116,567
$116.6K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$21.3K $18.48/SF
− Vacancy
−$2.2K −$1.92/SF
EGI
$19.1K $16.56/SF
− OpEx
−$8.6K −$7.45/SF
NOI
$10.5K $9.11/SF
Area
Sarasota County, FL
Vacancy
10.40%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,820
Cap Rate 7%
$149,871
Cap Rate 9%
$116,567
Alternative Uses
Best Use
Apartment 5plus
$149.9K
$131.1K – $174.9K
NOI $10,491 @ 7.0% cap · market cap 7.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$327.4K
$286.5K – $382.0K
NOI $22,919 @ 7.0% cap · market cap 16.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
Explore this area
Business Placement
Demographics for 34285, FL
18,971
Population
16,081
Households
1.2
Avg Household Size
70
Median Age
40%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
2,286
Density / Sq Mi
$67,712
Median Household Income
$37,959
Median Earnings
$1,485
Median Rent
$295,400
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
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Resident-owned 55+ mobile home park with extensive amenities.
Where is this mobile home & rv park located?
The property is located at 824 CERVINA Dr Venice, FL.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Premier resident‑owned 55+ mobile home park in Venice.; Extensive amenities including **2 clubhouses, 2 heated pools, 2 hot tubs, fitness center**, and more.; Active community with frequent park gatherings and shows.
