965 CR 439, LAKE PANASOFFKEE, FL 33538
$995,000
Multi-Family Home Taxes: $3,200.00 Built in 2004 Type: Multi-Family Listed on 01/09/2017 MLS # A4173806
Property Photo

Description of 965 CR 439, LAKE PANASOFFKEE, FL 33538

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 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.

Directions to 965 CR 439, LAKE PANASOFFKEE, FL 33538

I 75 north to exit 321 west to Sunoco Station turn right go straight to Lake.

Features of 965 CR 439, LAKE PANASOFFKEE, FL 33538

Heating/Cooling

  • Central air
  • Central heat
  • Electric heat
  • Zoned heat

Exterior

  • Block exterior
  • Deck
  • Frame exterior
  • Patio
  • Porch
  • Wood frame exterior

Lot

  • Cul-de-sac location
  • Improvement: sidewalks
  • Lot acreage is: 2.62
  • Lot dimension is: 218x524
  • Lot has lake access
  • Lot has lake view
  • Lot has water view
  • Lot on or near lake
  • Lot zoned: 5005, 5252
  • Subdivision: NONE
  • Waterfront lot

Roofing

  • Shingle roof

Construction

  • Units in building(s): 12

Other

  • Community boat facilities
  • Pets allowed
  • Tax year: 2016

Mortgage Payments for 965 CR 439, LAKE PANASOFFKEE, FL 33538

The approximate monthly Principal & Interest payment for this property would be $4,825. This payment is based on a 30-year loan at a fixed rate of 4.54 % with a down payment of $99,500. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.