lakefront development opportunity › d2 › pvkp74jybztdjow64zi...each office individually owned...

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Each Office Individually Owned and Operated OFFERED AT $925,000/ LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321 F: 813-930-0946 E: [email protected] 401 E. Palm Avenue Tampa, FL 33602 www.FloridaCommercialGroup.com PROPERTY FEATURES 2.44 Acre Lakefront Residential Development Opportunity 244’ of Scenic Frontage on Lake Minneola; Odessa, FL Bella Bella (Lakefront Estates) property is situated between Suncoast Pkwy & US 19 just off SR 54 CURRENT: Turn-key Mobile Home Park, 11.5% CAP RATE Future: New Construction, Residential Community of 3-4 lots Future: Luxury Home, Multi– Family or Single Family Home Site Sales Investments Leasing Property Management LAKEFRONT DEVELOPMENT OPPORTUNITY

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Page 1: LAKEFRONT DEVELOPMENT OPPORTUNITY › d2 › pvkP74jYBzTdJOw64ZI...Each Office Individually Owned and Operated OFFERED AT $925,000/ LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321

E a c h O f f i c e I n d i v i d u a l l y O w n e d a n d O p e r a t e d

OFFERED AT

$925,000/ LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321 F: 813-930-0946 E: [email protected]

401 E . Pa lm Avenue Tampa, FL 33602 www.F lo r idaCommerc ia lGroup.com

PROPERTY FEATURES

2.44 Acre Lakefront Residential Development Opportunity

244’ of Scenic Frontage on Lake Minneola; Odessa, FL

Bella Bella (Lakefront Estates) property is situated between Suncoast Pkwy & US 19 just off SR 54

CURRENT: Turn-key Mobile Home Park, 11.5% CAP RATE

Future: New Construction, Residential Community of 3-4 lots

Future: Luxury Home, Multi– Family or Single Family Home Site

Sales Investments Leas ing P roper ty Management

LAKEFRONT DEVELOPMENT OPPORTUNITY

Page 2: LAKEFRONT DEVELOPMENT OPPORTUNITY › d2 › pvkP74jYBzTdJOw64ZI...Each Office Individually Owned and Operated OFFERED AT $925,000/ LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321

L IST ING DETAILS FINANCIAL & TERMS  Status: Ac ve   Financing Available: Cash, Hard Money, Conven onal Special Sale Provision: None  Auc on: No  Price Per Acre: $379,098  

LOCATION Loca on: Lakefront, Mobile Home Park Street Name: BELLA BELLA and GRAFTON Street Number: 14402‐ 14433 Street Suffix: LANE  Street City: ODESSA  County or Parish: Pasco  La tude: 28.184105 Longitude: ‐82.577135  

THE PROPERTY Lot Size: 106,286.4 SF  Lot Dimensions: TBD Total Acreage: 2.44 Property Style: Mul ‐ Family Use  Zoning: RMH, R1MH  Site Improvements: 7 mobile homes :: 3 Co ages :: 1 SF Block Home  Parcel ID #: 35‐26‐17‐0030‐00000‐0040 Parcel ID #: 35‐26‐17‐0030‐00000‐0054 Addi onal Parcel: No Future Land Use: Res‐ 3  Front Footage in Feet: 244’ Water View: Yes  Water Access: Yes  Water Frontage: Yes 

TAXES :: Tax Year: 2018 :: Taxes: $10,431.65 

THE LISTING Driving Direc ons: Suncoast Parkway to State Road 54‐ Head West, 1.8 miles.  Turn le  onto Black Lake Road.  Follow around to Chesapeake Drive.  Arrive at Property (Mobile Home Park) on the le .  Call Lis ng Agent for a showing‐ do not disturb residences. 

THE COMMUNITY Pets Allowed: Yes  Pet Restric ons: No  Flood Zone Area: X  Internet: Yes  Flood Zone Panel: 12101C0387F 

UTILITIES Electricity: TECO Water: Pasco County U li es Waste: Waste Management  Company Communica ons: Fron er Communica ons/ Verizon/ Spectrum 

E a c h O f f i c e I n d i v i d u a l l y O w n e d a n d O p e r a t e d

LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321 F: 813-930-0946 E: [email protected]

401 E . Pa lm Avenue Tampa, FL 33602 www.F lo r idaCommerc ia lGroup.com

Sales Investments Leas ing P roper ty Management

Page 3: LAKEFRONT DEVELOPMENT OPPORTUNITY › d2 › pvkP74jYBzTdJOw64ZI...Each Office Individually Owned and Operated OFFERED AT $925,000/ LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321

L IST ING DEMOGRAPHICS

E a c h O f f i c e I n d i v i d u a l l y O w n e d a n d O p e r a t e d

LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321 F: 813-930-0946 E: [email protected]

401 E . Pa lm Avenue Tampa, FL 33602 www.F lo r idaCommerc ia lGroup.com

Sales Investments Leas ing P roper ty Management

Page 4: LAKEFRONT DEVELOPMENT OPPORTUNITY › d2 › pvkP74jYBzTdJOw64ZI...Each Office Individually Owned and Operated OFFERED AT $925,000/ LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321

S INGLE/ MULT I- FAMILY DEVELOPMENT RENDERINGS

E a c h O f f i c e I n d i v i d u a l l y O w n e d a n d O p e r a t e d

LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321 F: 813-930-0946 E: [email protected]

401 E . Pa lm Avenue Tampa, FL 33602 www.F lo r idaCommerc ia lGroup.com

Sales Investments Leas ing P roper ty Management

Page 5: LAKEFRONT DEVELOPMENT OPPORTUNITY › d2 › pvkP74jYBzTdJOw64ZI...Each Office Individually Owned and Operated OFFERED AT $925,000/ LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321

L IST ING FEATURES INVESTMENT HIGHL IGHTS

Lakef ront s i te fo r luxury home development 7 Mobi le Homes : : 3 Cottages : : 1 SFH : : 3 Lot renta l s

Al l Un i t s have been remodeled Stabi l i zed Mobi le Home Park - easy to manage

Park i s in a H igh Demand Pr ime locat ion Highest and Best use ; Redevelopment SFH s i te

Cal l fo r PNL

E a c h O f f i c e I n d i v i d u a l l y O w n e d a n d O p e r a t e d

LISTING AGENT: Tina Marie Eloian, CCIM P: 813-997-4321 F: 813-930-0946 E: [email protected]

401 E . Pa lm Avenue Tampa, FL 33602 www.F lo r idaCommerc ia lGroup.com

Sales Investments Leas ing P roper ty Management