5774 Highway 1

Beds
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/ Sq. Ft.
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per Sq. Ft.

Description

38 unit cash flowing RV/Mobile Home Park. 21 RV Sites and 17 Mobile Homes. Gross income of $339,000/yr, this property is perfect for the savvy investor looking for a great cap rate. This park sits on a 6.53acre parcel of land zoned CG-1 per St Johns County. Water and Sewer was added to the site back in 2002. Market RV rate is $650/month and mobile home is $800/month. This park is established and stays full! High and dry in flood zone X with low county taxes. Lots of bang for your buck here!38 unit cash flowing RV/Mobile Home Park. 21 RV Sites and 17 Mobile Homes. Gross income of $339,000/yr, this property is perfect for the savvy investor looking for a great cap rate. This park sits on a 6.53acre parcel of land zoned CG-1 per St Johns County. Water and Sewer was added to the site back in 2002. Market RV rate is $650/month and mobile home is $800/month. This park is established and stays full! High and dry in flood zone X with low county taxes. Lots of bang for your buck here!
  1. Listed by David Kfoury • Endless Summer Realty
  2. Listed by Robin Arnold • Endless Summer Realty

Property Details for 5774 Highway 1

Subdivision/Condo
Sabate Grant
Zoning
CG-1
LISTING UPDATED: 01/31/2020 05:42 PM

Property Details for 5774 Highway 1

StatusClosed
MLS #191256
Days on Market83
Taxes$6,319 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMultifamily / Apartments (5+ Units)
Year Built-
Lot Size-
CountySt. Johns County

Location

Listing Courtesy of Endless Summer Realty

Sold By Endless Summer Realty

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Building Information for 5774 Highway 1

Stories-Residences38Year Built-Building Size-Lot Size-

Payment Calculator

$10,094 per month

30 year fixed, 6.46% Interest

Principal and Interest

$9,567

Property Taxes

$527

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5774 Highway 1

Summary
Location and General Information
  • Area: 01
Owner
  • Owner: Massie Living Trust
Taxes and HOA Information
  • CDD: No
  • Lvt Date: 11-06-2019
  • Tax Year: 2019
Property
Lot Information
  • Lot Size: 6.53ac
  • Parcel Id: 074680-0000
Property and Assessments
  • Legal Description: 31 PT OF SABATE GRANT SEC 50 & PT OF DANIEL HURLBERT GRANT SEC 51 225.228FT ON US 1 N OF COLEE (EX 0.26AC IN R/W US 1 DB228/285) ALL LYING W OF CENTER LIN E OF OLD BRICK RD OR326/84
Utilities
  • Water: City
  • Waste: Sewer
Multi-Unit Information
Multi-Unit Information
  • Gross Annual Income: $339,000
  • Total Annual Expense: $118,650
  • Units: 38
Unit 1 Information
  • Unit 1: MH 1
  • Unit 1 Features: 4/2
  • Unit 1 Liv Area: 1809.0
  • Unit 1 Rent/Unit: $1,200
Unit 2 Information
  • Unit 2: MH 2
  • Unit 2 Features: 3/2
  • Unit 2 Liv Area: 1756.0
  • Unit 2 Rent/Unit: $1,200
Unit 3 Information
  • Unit 3: MH 3
  • Unit 3 Features: 2/2
  • Unit 3 Liv Area: 660.0
  • Unit 3 Rent/Unit: $750
Unit 4 Information
  • Unit 4: MH 4
  • Unit 4 Features: 2/2
  • Unit 4 Liv Area: 800.0
  • Unit 4 Rent/Unit: $800
Unit 5 Information
  • Unit 5: MH 5
  • Unit 5 Features: 2/2
  • Unit 5 Liv Area: 800.0
  • Unit 5 Rent/Unit: $800
Rent Information
Lease/Rent Information
  • Directions: From St Augustine Airport, head north on US1 to #5774. Frog Hollow Mobile Home Park

Property History for 5774 Highway 1

DateEvent & SourcePriceAppreciation
Jan 31, 2020

Sold

SASJMLS #191256

$1,900,000
Jan 28, 2020

Pending

SASJMLS #191256

Nov 21, 2019

In Contract

SASJMLS #191256

DateEvent & SourcePrice
01/31/2020

Sold

SASJMLS #191256

$1,900,000
01/28/2020

Pending

SASJMLS #191256

11/21/2019

In Contract

SASJMLS #191256

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5774 Highway 1

This home is within St. Johns.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 8 to 12
Public - 12
Rating
School
Distance
Ketterlinus Elementary School
PublicPK to 5

Sebastian Middle School
Public6 to 8

St. Augustine High School
Public8 to 12

Life Work/Project Search
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Endless Summer Realty

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.