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$1,200,000
Est. payment /mo
10,574 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 10,574 sqft
Price per Sqft $113
MLS Listing ID GC538704
HOA Y/N No
Year Built 1972
Annual Tax Amount $10,486
Lot Size 9.700 Acres
Acres 9.7
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
Excellent investment opportunity featuring three separate parcels with multiple income-producing properties and steady monthly cash flow of $12,975. Several tenants have been in place for multiple years, providing stable and consistent income. The listing includes a mobile home park registered with FEMA, currently consisting of two FEMA homes paying lot rent, one FEMA home owned by the park, and ten additional homes owned by the park, along with two additional income-producing rental units located on separate parcels. Utilities for the mobile home park only include two wells and four septic tanks, with recent improvements including a new septic tank installed in 2024 and a new drain field installed in 2025. In 2024 the income from FEMA was $74,000 and in 2025 $44,000. The park owner pays electricity for the wells and common area lighting, while tenants pay their own electric service. This property offers strong existing income, long-term tenant stability, and infrastructure improvements already in place, making it an excellent addition to an investment portfolio.
Location
State FL
County Suwannee
Area 32060 - Live Oak
Zoning A-1
Interior
Heating Central, Ductless
Cooling Central Air, Wall/Window Unit(s)
Appliance Refrigerator
Building
Story 1
Foundation Pillar/Post/Pier
Lot Size Range 10 to less than 20
Sewer Septic Tank
Water Well
Structure Type Metal Siding,Other,Vinyl Siding
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Daniel Crapps DANIEL CRAPPS AGENCY, INC.