1059 Marina Ln, Moore Haven, FL 33471

$1,295,500

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List Price
$1,295,500
Price Change
▼ $90 1788221338
MLS#
A12055445
Status
ACTIVE
Type
Commercial

Property Description

12.36% Cap Rate | $185K NOI | 100% Occupied | RV Park, Apartments & SFH Portfolio | Value-Add Opportunity BIG BASS LODGE AND RV PARK + Single Family Homes (SFH 5) 1069 MARINA LN & CRAMER LN MOORE HAVEN 33471 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 property is currently operating at full occupancy and generates approximately $20,700 in monthly gross income with an estimated annual NOI of $185,352. The diversified tenant mix provides multiple income streams while reducing reliance on any single asset type. 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. Buyer and Buyer's Broker are encouraged to independently verify all information during the due diligence period.

Additional Information

Days on Market
53
Parcel Number
A23-40-32-U02-0000-0050
Lot Size
40,000
Address
1059 Marina Ln, Moore Haven

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Listing Courtesy of Miami Waterfront Realty, Contact: