1069 Marina Ln & Cramer Ln, Moore Haven, FL 33741

$1,294,900

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List Price
$1,294,900
Price Change
▼ $90 1788221338
MLS
A12055431
Complex Name
Big Bass Lodge Rv Park + F
Status
ACTIVE
Type
Multifamily

Property Description

12.36% Cap Rate | $185K NOI | 100% Occupied | RV Park, Apartments & SFH Portfolio | Value-Add Opportunity Big Bass Lodge & RV Park is a stabilized, income-producing investment opportunity consisting of a diversified portfolio of apartment units, single-family homes, RV sites, and waterfront amenities located near Lake Okeechobee in Moore Haven, Florida. The portfolio includes a 9-unit CBS apartment building, multiple single-family rental homes, income-producing RV sites, common laundry facilities, carports, gazebo, and a private dock with canal frontage. The property benefits from municipal water service, Glades Electric, and on-site management. Investors will appreciate the significant value-add potential. The existing apartment building can be expanded from 9 to 11 units, and additional land on Cramer Lane offers the opportunity to develop additional RV sites, manufactured homes, container homes, tiny homes, or single-family residences, subject to buyer verification and approvals. The sale includes multiple contiguous parcels located on Marina Lane and Cramer Lane, creating flexibility for future expansion while maintaining strong in-place cash flow. Buyer and Buyer's Broker are encouraged to independently verify all information during the due diligence period.

Additional Information

Days on Market
53
Waterfront Description
Canal Front, Lake
Style
Quadruplex, Fourplex
Special Information
Substantially Remodeled
Water Access
Boatlock, Community Boat Ramp
#Parking Spaces
100
Year Built
1972
Development Name
Big Bass Lodge Rv Park + F
#Stories
1
Construction Type
Concrete Block Construction

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Listing Courtesy of Miami Waterfront Realty, Contact: