405 Del Monte Dr St. Augustine, FL 32084

Exceptional investment opportunity awaits with this 9-unit mobile home park situated on a spacious 1.2-acre lot (52,272 sq ft) at 405 Del Monte Drive, St. Augustine, FL 32084. Built in 1968, this single-story property boasts a remarkable location directly across from St. Augustine High School and First Coast Technical College, ensuring a consistent stream of reliable tenants. Currently operating at full occupancy, the park features nine single-wide units, three of which are occupied by long-term residents (tenure exceeding 10 years). All units are individually metered for electricity and share a convenient city water and septic system. The current rental rates are below market value, presenting a significant opportunity to increase revenue through rental adjustments. This multifamily property, classified as both residential and an RV park, offers a compelling return on investment for discerning buyers. The property's strategic location and strong tenant history make it an attractive and stable income-generating asset. Don't miss this chance to acquire a well-established and profitable mobile home park in a thriving Florida community.