Bought with Sarita Harty • Plantation Realty, Inc.
$400,000
$450,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
700 SqFt
SOLD DATE : 09/24/2025
Key Details
Sold Price $400,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $571
Subdivision Not On List
MLS Listing ID 848505
Sold Date 09/24/25
Style One Story
HOA Y/N No
Year Built 1980
Annual Tax Amount $7,300
Tax Year 2024
Lot Size 1.830 Acres
Acres 1.83
Property Sub-Type Mixed Use
Property Description
Watson Mobile Home Park – Fully Occupied Investment Opportunity. Located in Inverness Florida recently named #3 City in USA today as a charming town in the South.
This income-producing property boasts a solid cap rate and includes a block home plus 13 mobile homes, all currently rented. Each mobile received a new metal roof in 2024, and the septic systems are regularly maintained. Reliable, long-term tenants are already in place.
The owner is seeking the highest and best cash offer.
Please note: Existing units cannot be removed or replaced with newer models. The new owner can keep the exisitng residences and maintain as needed. The county will allow for the development of condos or duplexes, and impact fees may potentially be waived—offering added value for future redevelopment.
Location
State FL
County Citrus
Area 06
Zoning MDRP
Interior
Flooring Tile
Fireplace No
Exterior
Exterior Feature Unpaved Driveway
Parking Features Driveway, Shared Driveway, Unpaved
Pool None
Water Access Desc Shared Well,Well
Roof Type Metal
Building
Lot Description Acreage, Irregular Lot, Multiple lots
Entry Level One
Sewer Septic Tank
Water Shared Well, Well
Architectural Style One Story
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 1842611
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP