58
$1,298,900 (0%) Sale
Listed 87 days ago
1069 Marina
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Key Facts
Key facts for 1069 Marina
Property Type
Other, Unspecified
Parking
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MLS #
A12055493
Size
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Basement
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Listed on
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Lot size
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Tax
$15,000 /yr
Days on Market
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Year Built
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Maintenance Fee
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Description
Big Bass Lodge & RV Park is a stabilized, income-producing investment business with real estate consisting of a diversified portfolio of apartment units, single-family homes, RV sites, and waterfront amenities located near Lake Okeechobee in Moore Haven, Florida. The property is currently operati...ng at full occupancy and generates approximately $20,700 in monthly gross income with an estimated annual NOI of $185,352. The diversified tenant mix provides multiple income streams while reducing reliance on any single asset type. The portfolio includes a 9-unit CBS apartment building, multiple single-family rental homes, income-producing RV sites, common laundry facilities, carports, gazebo, and a private dock with canal frontage. The property benefits from municipal water service, Glades Electric, and on-site management. Investors will appreciate the significant value-add potential. The existing apartment building can be expanded from 9 to 11 units, and additional land on Cramer Lane offers the opportunity to develop additional RV sites, manufactured homes, container homes, tiny homes, or single-family residences, subject to buyer verification and approvals. The sale includes multiple contiguous parcels located on Marina Lane and Cramer Lane, creating flexibility for future expansion while maintaining strong in-place cash flow. Buyer and Buyer's Broker are encouraged to independently verify all information during the due diligence period.
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Listing courtesy of: Miami Waterfront Realty