3670 Dixie Hwy NE Unit 35 Palm Bay, FL 32905
Bayfront Village NeighborhoodEstimated payment $17,758/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: TB8336495

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