$2,850,000

Estimated payment $17,758/month

Total Views 5,777
65 Beds
35 Baths
21,000 Sq Ft
$136 Price per Sq Ft

Highlights

  • 3.38 Acre Lot
  • Central Air
  • Heating Available
  • No HOA

About This Home

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.

Listing Agent

Tito Urbano

FLORIDA REALTY INVESTMENTS Brokerage Phone: 407-207-2220 License #3470017

FLORIDA REALTY INVESTMENTS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,209

Year Built

  • Built in 1954

Lot Details

  • 3.38 Acre Lot

Home Design

  • 21,000 Sq Ft Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Siding

Bedrooms and Bathrooms

  • 65 Bedrooms
  • 35 Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Thermostat

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 28 3714-FK-*-2.05

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 35 Units
  • Valentine Estate Sub Subdivision

Building Details

  • Gross Income $326,413

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,209

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Concrete, Frame
  • Fireplace: No
  • Living Area: 21000
  • Lot Size Acres: 3.38
  • New Construction: No
  • Year Built: 1954
  • Lot Size Sq Ft: 147233
  • Directions to Property: North on Dixie Hwy NE, take a left on Hillside Ave.
  • Status: Active
  • Street Post Direction: NE
  • Ownership: Fee Simple
  • Escrow City: Orlando
  • Escrow Postal Code: 32804
  • Escrow State: FL
  • Escrow Street Name: Delridge Ave
  • Escrow Street Number: 1005
  • List Office Head Office Key Nume: 1049636
  • RATIO Current Price By Calculate: 135.71
  • Total Acreage: 2 to less than 5
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 407-207-2220
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Thermostat
  • Foundation Details: Slab
  • Total Bedrooms: 65
  • Street Number Modifier: 3670
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 1950.96

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RM10
  • Parcel Number: 28 3714-FK-*-2.05
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 13678

Green Features

  • Green Verification Count: 0

Multi Family

  • Gross Income: 326413
  • Number Of Units Total: 35
  • Total Num Buildings: 8
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 22209.05
  • Tax Block: X
  • Tax Book Number: 1-67
  • Tax Lot: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 For Sale $2,850,000 -- $136 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: TB8336495

Stellar MLS