RV Lot Details
- Purchase Method: Cash, New Loan
- Listing ID: 2094206
- Posted On: Feb 28, 2023
- Updated On: Sep 2, 2023
Description
This is a rare opportunity to own a lot at Destin Beach RV Resort. Spaces rarely come up for sale at this luxury 36 space RV Resort directly across the street from one of the most beautiful sugar white sand beaches in the entire world. Amenities of the park include private beach access, heated pool, designer paver streets, lush tropical landscaping and landscape lighting, gated entry, owners room, heated and cooled bath house and laundry facility, on site guest condo rentals. This RV Resort allows you to rent your lot within the rental management program that the HOA has established and this lot has an EXCELLENT rental history which is estimated to gross approximately $35,000 this year so as an investor at the $310,000 price you would be looking at somewhere around an estimated 5.04% CAP Rate on this RV space. HOA dues of $488/month include water, cable television, Wi-Fi and garbage services and all of the other amenities listed above. Enjoy the best of both worlds as an investment property that pays for itself while using it for family getaway vacations to one of the most beautiful beaches in the world. This RV Park not only has walk over or golf cart ride over to the beach access but it is conveniently walking distance to many fun local restaurants like Surf Hut and Whales tail as well as the Embassy Suites hotel that is adjacent to the rv park. This RV park accepts RV’s over 25ft including Class A, B, C motorhomes and travel trailers as well as 5th wheels. There are not many condo RV parks that allow rentals which cover expenses and there are also not many RV parks that you can own a space in that are this close to the beach. Feel free to reach out for further information at my email address tws@commercenetworks.com or text or call 334-332-5460