Adult 55+
Address
11951 SW Shiloh ROAD, CEDAR KEY, FL
Price
$ 6,200,000
Property Attributes
- MLS#OM662472
- TypeCommercial
- CountyLEVY
- CityCEDAR KEY
- AreaCedar Key
- Zip32625
- StyleMulti Family
- Year Built2006
- Taxes$ 18942
- Price$ 6,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4886
- Lot Size30.17 Acres
Data Source:
Stellar MLS
Property Description
RV PARK FOR SALE - Located just 3 miles from the gulf of Mexico. Phase one has 79 developed income producing sites. Phase two is in process of being entitled for 166 sites at preset. We are selling as phase one and two - willing to separate. Phase one is 79 sites that have the following amenities - Office, Camp Store, Propane Sales, Pool, Large newer manager doublewide, laundry, media center, outside showers, community center with warm kitchen area. Utilities - Water is provided by private well and septic is by 3 mound septic tanks. Management is on site. The trailing twelve months reflect an NOI of just a few dollars off $350,000 these numbers are accurate as they are derived from bank statements. Currently there is no vacancy for the winter season (October to March) and supports a waiting list. Phase one sold separately based on a 7.5 cap rate is offered at $4,650,000 - $58,860 per site. Phase two is currently in the process of entitlements, the concept is for 166 large sites on 20 acers, modern community center, office, media, exercise room, beauty shop, card rooms etc. Large attractive designed pool and sauna, pickle ball courts, bocce ball courts, dog walks, all lots are a minimum of 35x65 concrete pads with patios, 50 amp services. Totally landscaped, each lot lighted and marked, private entrance, professionally landscaped. The park can be marketed as a 5 star quality destination park (55+) or if the owner wishes some overnights as well, We are offering phase two for sale as an entitled shovel ready for development park at $1,550,00 - $9,338 per site. We currently have a list of potential tenants of well over 100 at the present. Note Phase two is contiguous to phase one property.
| Price History | |
|---|---|
| 8/9/2023 | Listed $6,200,000 |
General Features
| Cooling | Central Air |
|---|---|
| Construction Materials | Vinyl Siding |
| Year Built | 2006 |
| Property SubType | Multi Family |
| Tax Year | 2022 |
| Percent Ownership | Other |
| County | Levy |
| New Construction | No |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | From US 19/US 98 - Turn left on to FL 24 W./2nd Ave/NE Ste. Rd. 24 - Turn Right onto Co Rd. 453,Turn Right,Destination will be on your right. |
| City | CEDAR KEY |
| Buyer Agent Compensation | 2% |
| MLS Area | 32625 - Cedar Key |
| Lot Size Square Feet | 443005 |
| Waterfront Y/N | No |
| Street Name | Shiloh |
| Tax Annual Amount | 18942 |
| Public Remarks | RV PARK FOR SALE - Located just 3 miles from the gulf of Mexico. Phase one has 79 developed income producing sites. Phase two is in process of being entitled for 166 sites at preset. We are selling a |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/OM662472 |
| Days on Market | 153 |
| Standard Status | Active |
| Tax Lot | C |
| Legal Description | 36-14-13 0010.17 ACRES E1/2 OF NW1/4 OF SW1/4 LYING N OF SR 24 & NORTHEASTERLY OF L C R 453 (SHILOH RD) OR BOOK 1639 PAGE 705 |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Street Suffix | ROAD |
| Living Area Units | Square Feet |
Exterior Features
| Lot Size Area | 10.17 |
|---|---|
| Foundation Details | Pillar/Post/Pier |
| Number of Buildings | 5 |
| Building Area Total | 4886 |
| Lot Size Acres | 30.17 |
| Road Surface Type | Asphalt |
| Lot Size Units | Acres |
| Road Frontage Type | Highway |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32625
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on May 14, 2024 7:18 AM UTC The listing information on this page last changed on Last updated on May 14, 2024 7:18 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 14, 2024 7:18 AM UTC
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
