Lakefront Residential/ Multi-Family Development Opportunity, Pasco County
14402-14433 Bella Bella Lane
Odessa, FL 33556
- Potential to be an Excellent Income Producer! Upside for Investor- 7.24% Cap Rate!
- Property’s Price has been Reduced for a Quick Close…
- Park may be Converted to a 55+ Community Mobile Home Park
- Park may be Split and Redeveloped
- 5.3 miles from the intersection of Little Road and SR 54
- Suncoast Parkway and 1-75 in close proximity on SR 54
- Pasco County is Becoming one of the Most Sought after Areas within the Tri- County region to Live/Work
- Seller Motivated… Bring ALL Offers
Charming Re-development land site in the heart of Odessa, FL just off State Road 54 and Black Lake Road. Mobile home park is being Sold as is and consists of 7 Mobile Homes, 4 Houses, and a lot Directly on Lake Minneola. There is room to add another Mobile Home Unit as Septic, Electric and Water are already in place. Park is rectangular in shape with 2 entrances and sits on a total of 3.41 acres. All of the Mobile Homes and 3 of the houses have been renovated. This is an Investor’s dream! Located just off Chesapeake Drive; Property has a Great Country Feel with I-75 Interchange, Suncoast Parkway and Gunn Highway Convenience- just 15 Minutes Away in either direction. Arrive in Tampa within 25-35 minutes. Great Place to Relocate and live, have a Vacation home or call Your Winter Home!!! Limitless Potential!
This Property yields a 7.24% Cap rate with the potential to increase even further.
*** Note: Sellers are motivated and all reasonable offers will be considered!!
Located just off State Road 54 and directly on ski Lake Minneola in Odessa Florida.