5774 US Highway 1 N $1,900,000

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    5774 US Highway 1 N St Augustine, FL 32095

    Closed
    SOLD 1/31/2020

    $1,900,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 191256
    Favorite Share
    Views: 25 Days On Market: 22

    Property Details

    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!

    • General Features
      • Area 01
      • Bank Corporate Owned No
      • MLS Status Closed
      • Unit MH 2
      • Unit MH 3
      • Unit MH 4
      • Unit MH 5
      • Waste Sewer
      • Water City
    • Building Features
      • Unit MH 1
      • Units 38
    • Room Features
      • Unit 1 Liv Area 1809
      • Unit 2 Liv Area 1756
      • Unit 3 Liv Area 660
      • Unit 4 Liv Area 800
      • Unit 5 Liv Area 800
    • Property Features
      • Lot Size 6.53ac

    Neighborhood

    32095 (St Augustine) Demographics

    48 Median Age
    158 Population Density (per sq. mile)
    49% College Educated
    $64,705 Estimated Median Income
    2,410 Estimated Total Home Owners
    634 Estimated Total Renters
    79% / 21% Estimated Owner / Renter Divide
    1 Estimated Average Household Size
    7,887 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $314,985 Median Sales Price
    59 Homes Sold
    91 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        1/31/2020 3:00:00 AM Sold Source New Value: $1,900,000
        1/28/2020 4:41:31 PM Status Changed Source New Value: Pending
        11/21/2019 6:41:28 PM Status Changed Source New Value: Contingent

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        Meet Burnie

        Marvin ‘Burnie’ Burnsed

        Marvin ‘Burnie’ Burnsed

        Marvin “Burnie” Burnsed (NMLSR ID: 1012448) serves as the Mortgage Consultant for the Beaches/Intracoastal West office. With 17 years of mortgage industry experience, Burnie loves working with homebuyers, taking the time to explain the process of qualifying in a consultative, no pressure approach. He has experience working products that include conforming, jumbo, government, and USDA programs and helping to place clients based on their financing needs.

        Burnie’s experience includes originating loans for Wells Fargo, Bank of America and VyStar Credit Union. He has also worked in underwriting and post-close auditing. He brings a broad experience and knowledge and strives to structure the best loan possible for his customers. Burnie has lived in the Jacksonville area since 1997, is a veteran of the US Navy, the father of three adult children and two rescue dogs. He enjoys almost anything outdoors and sports related, especially when it includes family and friends!

        I look forward to working with you and helping you achieve your financial goals!

        BurnieBurnsed.phmloans.com

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