This exceptional 11-acre development opportunity in Interlachen, Florida, presents a fully entitled 116-pad RV resort. The property boasts a prime location, offering easy access to major cities like St. Augustine (one hour away), Gainesville (30 minutes), Ocala (45 minutes), and Orlando (1.5 hours). The site is also conveniently located near numerous natural attractions, including springs and lakes, hiking and biking trails, and more, ensuring high demand from outdoor enthusiasts. The existing infrastructure includes a 1,400 sq ft building with a new metal roof (2017). The property features a permitted Recreational PUD zoning, allowing for up to 133 spaces. Construction plans are complete for 116 spaces, including a mix of super sites, pull-thrus, and back-ins. Amenities planned include a clubhouse, lounge, bathhouse, resort-level pool, and a fully fenced perimeter. Extensive pre-development work is already completed, including boundary, topo, and tree surveys, environmental and traffic studies, and geotechnical sampling. The final site plan is fully engineered and approved, and the property is ready for phase 1 building permits. A clubhouse design is underway. The property's strong pro-forma projections, based on various nightly and weekly rate structures, indicate a significant return on investment. Comparable properties have sold for $5-7 million, with a similar park currently listed at $8.5 million. The asking price is $1,499,000, with a current NOI of $1,000,000, representing a 20% cap rate and a pro-forma cap rate of 55.59%. Seller financing is available. This is a rare opportunity to acquire a fully entitled RV resort development site in a high-demand location with exceptional potential for growth.
Property Features for 135 Interlachen Blvd
General Information
Property type
Multifamily properties
Class
A
Lot Size
479,160 SF
Building Details
Year Built/Renovated
1990/2024
Buildings
2
Stories
1
Units
116
HighLights
Prime Florida location.
Conveniently situated near popular destinations for day trips.
Multifamily property - 116-pad RV resort, fully entitled, high ROI.
Where is this multifamily property located?
The property is located at 135 Interlachen Blvd Interlachen, FL.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Prime Florida location.; Conveniently situated near popular destinations for day trips.; Walkable location enhances guest experience.
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135 Interlachen Blvd Interlachen, FL 32148
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Cap approach
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Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
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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.
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135 Interlachen Blvd Interlachen, FL 32148
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135 Interlachen Blvd, Interlachen, FL
Townsend Russell
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135 Interlachen Blvd, Interlachen, FL
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135 Interlachen Blvd, Interlachen, FL
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to 135 Interlachen Blvd Interlachen, FL 32148
135 Interlachen Blvd, Interlachen, FL
Townsend Russell
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