UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,110 sqft
Price per Sqft $212
Subdivision Zephyrhills Colony Co Lands Sub
MLS Listing ID W7871434
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $5,417
Lot Size 2.360 Acres
Acres 2.36
Property Sub-Type Multi-Family
Property Description
Discover this well-established, income-producing property in the heart of charming Zephyrhills! Spanning 2.5 acres across two parcels, this property includes 3 single-family homes, 7 mobile homes, and an established RV slot, all currently rented by long-term tenants with rental histories ranging from 1 to 7 years. The property features additional amenities such as two garages/storage buildings, sheds, and two campers, as well as beautiful open spaces with mature trees, perfect for recreation and activities. With ample space available, there is incredible potential to expand by adding more mobile homes or additional RV slots, further maximizing income.
The property is equipped with separate electric meters for all but two homes, serviced by two wells, and supported by a combination of individual and shared septic systems—six homes have individual septic tanks, while four share one system. Conveniently located near shopping, dining, schools, and medical facilities, this property is situated in a rapidly growing area with high rental demand. Furthermore, the park is grandfathered in, allowing the homes to be replaced if the new owner chooses, and current rental rates are below market average, presenting an excellent opportunity for increased income.
This rare investment opportunity offers a well-maintained, income-generating property with immediate cash flow and room for significant growth in one of Florida's fastest-growing regions. Don't miss your chance to capitalize on this expanding market—contact us today for more information or to schedule a private showing!
Location
State FL
County Pasco
Community Zephyrhills Colony Co Lands Sub
Zoning AR
Interior
Interior Features Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Laundry In Garage
Exterior
Exterior Feature Fence, Storage
Garage Spaces 4.0
Utilities Available Cable Available, Electricity Available
Roof Type Metal
Attached Garage false
Garage true
Private Pool No
Building
Foundation Crawlspace, Other
Lot Size Range 2 to less than 5
Sewer Septic Tank
Water Well
Structure Type Block,Other,Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Other
Membership Fee Required None
Listing Terms Cash, Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7871434

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