Active
3670 DIXIE HWY NE #35
PALM BAY FL, 32905
$2,850,000
$135.71 per sqft
Active
65 Beds
35 Baths
21,000 sqft
Multi-family
Built in 1954
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.
TB8336495
MLSⓇ ID
January 8, 2025
Listed
January 9, 2025
Updated
Map
3670 DIXIE HWY NE #35
PALM BAY FL, 32905
Interior Features
Bedrooms
65
Total Bathrooms
35
Interior Features
Thermostat
Laundry Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
3.38 Acres
Exterior Features
Other
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
32905 - Palm Bay/Melbourne
Taxes
$22,209
Tax Frequency
Annually
Days on Market
1
Association Fee Frequency
Monthly
Garage
No
View
No
County
Brevard
Municipality
28
Water Source
Public
Pool
No
Zoning
RM10
Listed by FLORIDA REALTY INVESTMENTS
Listing Contact: 407-207-2220
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Data last updated 1/9/2025, 12:56 PM UTC
