$2,850,000 for Sale
3670 dixie highway #35, palm bay, FL 32905
| Beds 65 | Baths 35 | 21,000 Sqft | 3.38 Acres |
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Property Description
Located directly on the Indian River, Sunrise MHP & APTS offers a unique investment opportunity combining strong cash flow and prime location. This 35-unit property features a mix of 11 apartment units, 20 tenant-owned homes, and 4 park-owned homes, several of which have been recently renovated to attract premium tenants. The park is fully connected to city water and sewer, ensuring reliable utility service. Lot rents are set at $465 per month, providing consistent and dependable income. Additionally, the property includes an on-site office that offers flexibility for operations or potential conversion into two additional rental units. The park's stunning Indian River views and convenient access to local amenities create a highly desirable living environment for residents, ensuring high occupancy rates and long-term demand. Whether you're an experienced investor or entering the mobile home park market, Sunrise MHP & APTS offers exceptional growth potential and immediate revenue.
General Information
Sale Price: $2,850,000
Price/SqFt: $136
Status: Active
MLS#: TB8336495
City: palm bay
Post Office: palm bay
County: Brevard
Subdivision: valentine estate sub
Acres: 3.38
Bedrooms:65
Bathrooms:35
House Size: 21,000 sq.ft.
Acreage: 3.38 est.
Year Built: 1954
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Concrete, Wood Frame
Exterior Misc: Other
Basement: No
Foundation : Slab
Cooling: Central Air
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $22,209
Legal Description: VALENTINE ESTATE SUBD PT OF S 35 FT OF LOT 2 & PART OF N 165 FT OF LOT 3 ALL LYING E OF FEC RR AS DES IN ORB 2222 PG 2026
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that 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 By: Tito Urbano Perez of FLORIDA REALTY INVESTMENTS, Phone: 407-207-2220
