Opportunity to expand cash flow through additional rental units (subject to approvals)
No HOA restrictions
Located in an established residential community
Minutes from shopping, dining, parks, beaches, and downtown districts
Convenient access to US-1
Property Details
Price:
$999,000
Property Type:
Investment, Residential Income Property
Availability:
Available
Transaction Type:
For Sale
Building Size:
470 SF
Lot Size:
0.63 AC
Zoning Description:
RT
APN/Parcel ID:
Multiple
No. of Lots:
5
Property Description
Excellent opportunity to acquire five mobile home lots in an established residential community along NE Dove Avenue in Stuart, Florida.
The property offers immediate cash flow with significant value-add potential, making it ideal for investors seeking to expand their rental portfolio.
One lot is improved with an established mobile home currently generating $1,200 per month in rental income, while the remaining four vacant lots provide the opportunity to add additional mobile homes and substantially increase future cash flow.
Situated within a quiet neighborhood with no HOA restrictions, the property enjoys a highly desirable location just minutes from shopping, dining, parks, beaches, and everyday conveniences.
