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8814 HONEYWELL RD GIBSONTON, FL 33534 – MLS# U8017345

, Gibsonton
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13% CAP RATE!!!!!! MONEY MACHINE!! WATERFRONT!! This is a 4 parcel, 5.5 acre property with 2 block houses, 2 double wide mobile homes, 3 single wide mobile homes, and an office portable that backs up to Bullfrog Creek! Monthly rent revenue of approx $5900!! Mobile homes are permanent (not vehicle tagged). There also is flat bottom boat access to Hillsborough Bay. The property backs up to Bullfrog Creek. Continue to upgrade the property to build it out to more, or bring the bulldozer and build something amazing on the huge plot of land! Seller owns a demolition company and may be willing to demolish anything requested with the right offer. There is a full RV park a few properties down the road, so the potential is endless. The property is being sold as-is, with no repairs. Buyer to verify all information within this listing. Heated/Total square footage is based on the 8814 Block House only and does not include the other units/houses. Neighboring properties include a mobile home park and RV park. Currently generates cash-flow at approx 13% cap rate with more income potential!






*Listing Information provided by Florida Regional MLS or MFRMLS


Your energy class is A+









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Property Id : 61902
Energy class: A+
Listing Key Numeric: 507080942
Listing Id: U8017345
Updated On: 04-18-2019 21:17


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