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Home for Sale at 965 Cr 439, Lake Panasoffkee, FL 33538

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965 Cr 439, Lake Panasoffkee, FL 33538
Listing# A4173806
Price: $749,900
Type: Residential Income
County: Sumter
    Photo of home for sale at 965 CR 439, Lake Panasoffkee FL
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Property Description:
Live your dream and own one of the most breathtaking Marinas in the state of Florida. Retired or still working and looking for an Income. This is a very versatile Property with numerous options for great income and return on your investment. Easy 13+% Net Cap Rate just from the rental cottages, R/V lots, and boat slip rentals without even including the on site restaurant income potential that is up and running. If the owner operates the restaurant and bait shop shemselves the numbers go up 30-40%. Waterfront restaurant features indoor and outdoor seating for up to 75 persons that could be rented out. Open as a catch and cook along with a menu restaurant. Your guest would love to eat what they caught. The restaurant has become extra income and a great asset to the area. There is a very nice 3/2 unit for the owners to live in, or choose a smaller unit and rent the larger one out. There are 28 boat slips, or 56 half slips for the average bass boat. Great income also comes in from the 11 units an upto 13 R/V lots on site. Start your own kayaking, canoeing, jet ski, paddle board or boat rental business or fishing tours. There are numerous ways to double your income possibilities.

Property Type:Residential Income
Property Subtype:Multi-Family
Listing Status:Active
Year Built:2004
Construction Materials:Block, Siding, Wood Frame
Lot Square Feet:114232
Lot Dimension:218x524
Lot Features:Cul-de-sac, In County, Sidewalk, Street Dead-End, Street Paved
Total Acreage:Two + to Five Acres
Parking Features:Boat, Driveway, None
Heating:Central, Electric
Cooling:Central Air, Zoned
Utilities:BB/HS Internet Available, Cable Connected, Electricity Connected
Exterior Features:Outdoor Grill
Community Features:Sidewalk, Water Access, Waterfront Complex
Association Amenities:Boat Slip, Dock, Private Boat Ramp
Water Extras:Dock - Slip Deeded On-Site, Fishing Pier, Seawall - Concrete
Water Access:Lake
Waterfront Features:Lake
Listing Price:$749,900
Annual Taxes:$3,717
Tax Year:2018
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Data Last Updated: 08/24/2019, 10:26:14 AM


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