$2,850,000
For Sale

3670 DIXIE HIGHWAY NE #35

Palm Bay, FL 32905
65 beds | 3.38 acres | #TB8336495
Browse 9 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Property Details
      • Utility FeaturesElectricity Connected, Sewer Connected, Water Connected
      • SubdivisionVALENTINE ESTATE SUB
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • InteriorThermostat
      • Original List Price$2,850,000
      • MLS #TB8336495
      • MLS #TB8336495
      • CountyBrevard
      • Taxes Annual$22,209
      • Cost2850000
      • Utility SourcePublic
      • Exterior MaterialsOther
      • Acres3.38
      • Year Built1954
      • FoundationSlab
      • Bedrooms65
      • Days on Market (Cumulative)7

Location

Stephanie LeFew | Keys to Castles GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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