4844 Main St Mims, FL 32754
This exceptional investment opportunity presents 165 fully entitled mobile home lots in a gated 55+ community situated on 46.54 acres in Mims, Florida. Located in Brevard County, at 4844 W Main St, zip code 32754, this shovel-ready property boasts approved plans and permits already in place, with construction currently underway. Phase 1 site work is complete, including the creation of a 2.5-acre lake, and all necessary materials are on-site. The community is strategically positioned along Highway 46, offering convenient access to Highway 1 and I-95, placing it within minutes of Titusville and approximately 35 minutes from Orlando. The zoning designation is TR-3, and the property includes 13 acres of green space, creating a desirable and amenity-rich environment. The asking price is $2,950,000, representing a price per pad of $17,878.79. This fully engineered development offers a unique opportunity to capitalize on the growing demand for 55+ manufactured home communities in the Space Coast region of Florida. The property is for sale by owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.