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Address not disclosed Lake Worth Beach, FL 33461
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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10292163
Sold Date 02/28/22
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 62252
Year Built 1954
Annual Tax Amount $15,640
Tax Year 2020
Lot Size 1.429 Acres
Property Description
We are happy to present a fully occupied mobile home park on almost 1.5 acres in a very desirable area on Lake Worth that is close to everything. The property consists of 15 Mobile home pads, 2 CBS cottages and one CBS single family home. It is almost impossible to get approved for a mobile home park license in Palm Beach County. 3 Homes and 1 mobile home are owned by the seller.
Rent across the board are below market and present almost at 25% value add component to the opportunity.
Location
State FL
County Palm Beach County
Area Palm Beach 5670; 5680; 5700; 5710
Zoning RM
Exterior
Water Access N
Private Pool No
Building
Foundation Cbs Construction, Manufactured/Mobile Home
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Bought with Hudson Capital Realty LLC
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095