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    11980 Shiloh Rd Cedar Key, FL 32625

    Sponsored
    For Sale
    $1,050,000

    30 RV Lots, High ROI, Gulf Coast

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents 30 luxurious RV lots in a Cedar Key, Florida RV park, available for bulk purchase at $1,050,000. Built in 2010 and renovated in 2019, this 108,000 square foot property boasts a 10% cap rate and a $105,000 NOI. Each lot offers ample space (3,600 sq ft) and the park enjoys a 95% occupancy rate during peak season (late fall to winter). The property is conveniently located just 10 minutes from downtown Cedar Key on the Gulf Coast. On-site management handles all operations, minimizing maintenance and maximizing rental income. Lots can be retained for ongoing rental income or sold individually for a potential profit. The individual lot value significantly exceeds the bulk sale price. This turnkey operation provides a hassle-free path to substantial returns, with potential for additional income through work camper rentals. The property includes 30 parking spaces, one per unit. This is a rare opportunity to acquire a well-established, high-performing RV park portfolio.

    Property Features for 11980 Shiloh Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    1 SF

    Building Details

    Year Built/Renovated
    2010/2019
    Units
    30

    HighLights

    • 30 luxurious RV lots available for bulk purchase at Cedar Key RV Resort.
    • No maintenance required; ideal for passive income generation.
    • Short‑term rentals generate daily, weekly, and monthly income; on‑site management handles all operations.
    • Maximize returns by keeping lots in the continuously generating rental pool; potential for work camper rentals.
    • 95% average occupancy during peak season (late fall to winter); prime Gulf Coast location, 10 minutes from downtown Cedar Key.
    • Individual lot values significantly exceed bulk purchase price; potential for rental income or resale profit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cedar Key RV ... Rv Park DocWolf Publishing Publisher

    Suggested Use

    Wholesale Shop Food Market Storage Facility Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Key
    County
    Levy
    State
    Florida
    Longitude
    -82.9693518
    Latitude
    29.2173302

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    FAQs

    What type of property is this?
    Multifamily property - 30 RV Lots, High ROI, Gulf Coast
    Where is this multifamily property located?
    The property is located at 11980 Shiloh Rd Cedar Key, FL.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: 30 luxurious RV lots available for bulk purchase at Cedar Key RV Resort.; No maintenance required; ideal for passive income generation.; Short-term rentals generate daily, weekly, and monthly income; on-site management handles all operations.
    Request Owner's contact information
    11980 Shiloh Rd Cedar Key, FL 32625
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    Cedar Key, FL 32625
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    11980 Shiloh Rd Cedar Key, FL 32625
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