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    11240 Northwood Dr Inglis, FL 34449-9008

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    11240 Northwood Dr Inglis, FL 34449-9008


    • Specialty properties
    • 740 SF
    • 24.31 lot acres
    Off-Market
    Last Sale Feb 1, 2022
    $3,316,500
    Property ID
    US18-8425371
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,040,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Crystal River Village / Housing Complex
    • Citrus River Village I / Campground & RV Park
    • Northwood Estates / Campground & RV Park

    Property Details for 11240 Northwood Dr

    Year built
    1984
    Construction
    WOOD FRAME
    Lot size
    24.31 lot acres
    Property size
    740 SF
    Zone code
    MHP MOBILEHOME PARK
    Property type
    Specialty properties
    APN
    16E-17S-03-0010-001.A
    APU
    16E17S030010001A

    Description

    This exceptional investment opportunity presents a 43-unit mobile home park in Inglis, Florida, currently boasting 100% occupancy. The property, located at 11240 N Northwood Dr, Inglis, FL 34449 (APN: 16E17S030010 001A), is zoned MHP and features 40 pads accommodating 36 mobile homes, 4 park models, and 3 RVs. Each unit enjoys dedicated parking. The park generates a substantial net operating income (NOI) of $49,015, resulting in an attractive 12.25% cap rate at an asking price of $400,000 ($10,000 per pad). Lot rents cover common area maintenance, minimizing operational responsibilities. The business is offered as a net lease, providing a hands-off investment approach. Significant upgrades have been implemented within the homes. Seller financing is available with a 30% down payment. This is a turnkey operation ideal for a passive income investor seeking a strong return on investment. The property's strong performance and high occupancy rate make it a compelling opportunity in the Florida market. This is a rare chance to acquire a well-established, income-producing mobile home park with minimal management requirements.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,880,000
      ML approach
      $2,650,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Inglis
    County
    Citrus
    State
    Florida
    Longitude
    -82.6783
    Latitude
    29.0231
    CBSA code
    26140
    CBSA name
    HOMOSASSA SPRINGS, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $52,833
    $1,895,660
    $804,900
    $2,700,560
    -
    $1,895,660
    $804,900
    $2,700,560
    More about this property
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