Located directly on the Indian River, Sunrise MHP & APTS offers a unique investment opportunity combining strong cash flow and prime location. This 35-unit property features a mix of 11 apartment units, 20 tenant-owned homes, and 4 park-owned homes, several of which have been recently renovated to attract premium tenants. The park is fully connected to city water and sewer, ensuring reliable utility service. Lot rents are set at $465 per month, providing consistent and dependable income. Additionally, the property includes an on-site office that offers flexibility for operations or potential conversion into two additional rental units.
The park’s stunning Indian River views and convenient access to local amenities create a highly desirable living environment for residents, ensuring high occupancy rates and long-term demand. Whether you’re an experienced investor or entering the mobile home park market, Sunrise MHP & APTS offers exceptional growth potential and immediate revenue.
The park’s stunning Indian River views and convenient access to local amenities create a highly desirable living environment for residents, ensuring high occupancy rates and long-term demand. Whether you’re an experienced investor or entering the mobile home park market, Sunrise MHP & APTS offers exceptional growth potential and immediate revenue.
Property Details
Price:
$2,850,000
MLS #:
TB8336495
Status:
Active
Beds:
65
Baths:
35
Address:
3670 DIXIE HIGHWAY NE UNIT 35
Type:
Multi Family
Subdivision:
VALENTINE ESTATE SUB
Neighborhood:
32905 – Palm Bay/Melbourne
City:
PALM BAY
Listed Date:
Jan 8, 2025
State:
FL
Finished Sq Ft:
21,000
ZIP:
32905
Lot Size:
147,233 sqft / 3.38 acres (approx)
Year Built:
1954
Units:
35
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Central Air
Heating
Electric
Laundry Features
Other
Exterior
Construction Materials
Concrete, Wood Frame
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2024
Taxes
$22,209
Map
Community
- Address3670 DIXIE HIGHWAY NE UNIT 35 PALM BAY FL
- SubdivisionVALENTINE ESTATE SUB
- CityPALM BAY
- CountyBrevard
- Zip Code32905
Similar Listings Nearby
Courtesy of FLORIDA REALTY INVESTMENTS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than Stonecrest International Realty include the name of the listing broker. Neither the listing company nor Stonecrest International Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved.
3670 DIXIE HIGHWAY NE UNIT 35
PALM BAY, FL
LIGHTBOX-IMAGES