Mobile Home Lots Investment
$899,000
1542-1582 Northeast Dove Avenue, Stuart, FL 34994
0.13 acres
Lot Area
RT
Zoning
Details:
Highlights:
- Existing rental income of $1,200/month
- Four vacant lots with future income potential
- Opportunity to expand cash flow through additional rental units (subject to approvals)
- No HOA restrictions
- Located in an established residential community
- Minutes from shopping, dining, parks, beaches, and downtown districts
- Convenient access to US-1
Description:
This five-lot mobile home investment presents a rare combination of immediate cash flow and future income potential. One lot is currently improved with an established mobile home generating $1,200 per month in rental income, providing investors with an existing revenue stream from day one.
The remaining four vacant lots offer a exciting value-add opportunity. Subject to applicable approvals and utility availability, a new owner may have the ability to install additional mobile homes, creating multiple new income-producing units and significantly increasing the property's overall cash flow.
Located within an established mobile home community with no HOA, the property offers operational flexibility while benefiting from its proximity to major employment centers, shopping, restaurants, beaches, and Downtown Jensen Beach and Stuart. With convenient access to US-1, the location attracts long-term tenants seeking affordable housing in a highly desirable area.
Documents:
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| Offering Memorandum |
Location
Gallery