1739 Rice Ln, PONCE DE LEON

$275,000

0 Beds
0 Baths
261,360 Sqft
6 Acres
0 Garages

I have come across a very promising investment opportunity that I believe will be of interest to you. The property in question is a mobile home park that is situated on a sprawling six-acre tract of pristine wooded land, located just under four miles away from the charming town of Ponce De Leon. The park boasts two fully functional wells that supply water to all twelve units. The cost of operating these wells is kept at a minimum, ensuring that the water supply remains both sustainable and cost-effective for all those who reside within the park. One of the biggest advantages of this property is its prime location. The park is conveniently situated near Ponce De Leon Springs and Vortex Springs, two of the most popular natural attractions in the area. Moreover,..it is just 50 miles north of the world-famous Emerald Coast beaches, providing residents with ample opportunity to soak up the sun and enjoy the surf.

Perhaps even more importantly, the park is easily accessible from Interstate I-10, which is just a short five-mile drive away. This means that residents have easy access to all the amenities and attractions that the surrounding area has to offer.

As for the mobile homes themselves, they are all owned by the seller and rent for $750 per month. What's more, there is the possibility of an increase in rent, making this investment even more lucrative.

Overall, I believe that this mobile home park represents a fantastic investment opportunity that is well worth your consideration.

Essential Information
MLS® #927492
Price$275,000
Square Footage261,360
Acres6.00
TypeCommercial Sales
StatusActive
Community Information
Address1739 Rice Ln
AreaOther Counties
CityPONCE DE LEON
CountyHOLMES
StateFL
Zip Code32455
Exterior
Lot Description625 x 418
Additional Information
Days on Website304
Property History
Price Reduced from $350,000 to $275,000
Price Reduced from $395,000 to $350,000
Price Reduced from $425,000 to $395,000
Price Reduced from $525,000 to $425,000
LISTING MAP

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DISCLAIMER: Information Deemed Reliable but not guaranteed. 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.
Listing Courtesy Of Twenty Eight Realty Co. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on May 11th, 2024 at 1:15pm CDT.

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