Price Reduced Listing12.36% Cap Rate | $185K NOI | 100% Occupied | RV Park, Apartments & SFH Portfolio | Value-Add Opportunity Big Bass Lodge & RV Park is a stabilized, income-producing investment opportunity consisting of a diversified portfolio of apartment units, single-family homes, RV sites, and waterfront amenities located near Lake Okeechobee in Moore Haven, Florida. The portfolio includes a 9-unit CBS apartment building, multiple single-family rental homes, income-producing RV sites, common laundry facilities, carports, gazebo, and a private dock with canal frontage. The property benefits from municipal water service, Glades Electric, and on-site management. Investors will appreciate the significant value-add potential. The existing apartment building can be expanded from 9 to 11 units, and additional land on Cramer Lane offers the opportunity to develop additional RV sites, manufactured homes, container homes, tiny homes, or single-family residences, subject to buyer verification and approvals. The sale includes multiple contiguous parcels located on Marina Lane and Cramer Lane, creating flexibility for future expansion while maintaining strong in-place cash flow. Buyer and Buyer's Broker are encouraged to independently verify all information during the due diligence period.
| MLS # | A12055431 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 41 |
| Listing Provided By | Miami Waterfront Realty | Richard Feldman |
| Story(s) | 1 |
|---|---|
| Zoning | MULTIFAMILY RV PARK |
| Water Front | Yes |
| Lot Features | One To Two Acres |
|---|
| Tax Annual Amount | 15000 |
|---|
| State | FL |
|---|---|
| County | Glades |
| City | Moore Haven |
| Zip Code | 33741 |
| Area | 5940 Florida Other |
| Subarea | Other Geographic Area (Out Of Area Only) |
| Community Name | BIG BASS LODGE RV PARK + F |
| Listing VS Median (in BIG BASS LODGE RV PARK + F) | |
Price: $1,294,990 low | high Med: $0 On site: 41 low | high Med: | |
| State | FL |
|---|---|
| County | Glades |
| City | Moore Haven |
| Zip Code | 33741 |
| Area | 5940 Florida Other |
| Subarea | Other Geographic Area (Out Of Area Only) |
| Community Name | BIG BASS LODGE RV PARK + F |
| Listing VS Median (in BIG BASS LODGE RV PARK + F) | |
Price: $1,294,990 low | high Med: $0 On site: 41 low | high Med: | |