INCOME PRODUCING PARK!!! Great location in charming Zephyrhills for this well established income producing park with single family homes and mobile homes. Two parcels with a total of 3 single family homes and 7 mobile homes on 2.5 acres are included in the sale. Beautiful piece of property with gorgeous trees, open space for recreation and activities, spacious lots and close to shopping, restaurants, schools and medical facilities in Zephyrhills. In addition to the 10 homes that are currently rented there are two garage/storage buildings, sheds and two campers. All homes are rented with long term tenants ranging from 1 year to 7 years. All homes except for 2 have their own electric meters. There are 2 wells that are connected and provide service to the park. Six of the homes have their own septic tank with the remaining 4 homes on one septic system. The park is grandfathered in and the homes can be replaced if the owner elects to do so. Rapidly growing area with rentals in high demand. This is a rare opportunity to purchase a nice, hard to find income producing park. The current rental income is below market average and can be increased if the new owner chooses to. The current owner is satisfied with the rental income because he has stable, long term tenants in the park. Addresses included in sale: 6831 Wire Rd, 6839 Wire Rd, 38408 Neflin Ave, 38414 Neflin, 38417 Neflin, 38421 Neflin, 38425 Neflin, 38431 Neflin, 38440 Neflin. Great net income producing property with much higher income potential.
Sold for $734,000 on 10/10/23
$734,000
6831 Wire Rd, Zephyrhills, FL 33542
18beds
10baths
1sqft
Multi Family
Built in 1954
-- sqft lot
$807,700 Zestimate®
$734,000/sqft
$1,381 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 10, 2023 at 03:38pm
Listing Provided by:
Keica St. Romain 813-629-9738,
HOMEWARD REAL ESTATE 813-441-0400
Bought with:
Dinorah Sanchez, 3295079
FUTURE HOME REALTY INC
Source: Stellar MLS,MLS#: T3465216
Originating MLS: Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 10
Heating
- Other, Wall Units / Window Unit
Cooling
- Other, Wall/Window Unit(s)
Features
- Other
- Has fireplace: No
Interior area
- Total interior livable area: 1 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Fencing: Fenced
Lot
- Size: 2.50 Acres
Details
- Additional parcels included: 02-26-21-0010-02100-0030
- Parcel number: 0226210010021000020
- Zoning: AR
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Foundation: Crawlspace, Other
- Roof: Other
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Connected
Community & neighborhood
Location
- Region: Zephyrhills
- Subdivision: ZEPHYRHILLS COLONY
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 6900
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
- Road surface type: Other, Paved
Services availability
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Estimated market value
$807,700