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Property profile & analytics
OFF-MARKET
Land

1914 County Rd Lake Panasoffkee, FL 33538

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 36-pad RV park development located at 1914 County Rd 470, Lake Panasoffkee, FL 33538. Situated in Sumter County, this commercially zoned land offers significant potential for income generation and capital appreciation. The property is ideally positioned near Lake Panasoffkee and a short drive from The Villages, Florida's premier active adult retirement community, providing easy access to fishing, golfing, and other recreational activities. Each of the 36 RV pads is projected to generate $600 in monthly rental income, or $275 weekly, totaling substantial annual revenue. Upon completion, the park is estimated to be valued at approximately $2.52 million, representing a significant return on investment. This presents a dual opportunity: investors can immediately capitalize on rental income or pursue the sale of the fully developed 36-pad RV park. The property's prime location and strong potential for both short-term and long-term rentals make it an attractive investment in a rapidly growing market. The asking price for this unique opportunity is $975,000. This is a rare chance to acquire a well-situated RV park with substantial upside potential in a desirable Florida location.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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