94 Unit Phase II Development Opportunity


Located within the existing Crystal Pointe manufactured home community, the Phase II development opportunity consists of Ninety-Four (94) to-be-developed manufactured home sites within the Crystal Pointe sub-division just north of Crystal River Florida. Design and create your own mobile home development community of land lease, fee simple or mixed units.



* Completed the Park layout, site work and lot development.
* Lease individual home sites as an operating business.
* Re-Sale the improved home sites to tenants or end- users.



The two commercial parcels along CR495 consist of 3.85 (+/-) acres each. Phases II and III are approved for 190 to- be-developed pre-platted mobile home sites. The improved and to-be-developed parcels will have use of HOA recreational areas and an existing 5,500 SF club house and 67,000 gallon heated pool. The community can be age restricted, land lease, fee simple or mixed. The current price for the 94 lots in the Phase II development is $5,000 per home site or $470,000. The price for the 96 lots in the Phase III development is $6,500 per home site or $576,000, comprising a total bulk sale of $1,046,000. Phase II and III can be purchased individually or as a combined purchase.


Investment Highlights:
2 Commercial Parcels (3.8 Acres Each)
190 Approved Home Sites on 80 Acres
Within 110 Acre Subdivision
Phases II & III Ready for Development
Wooded Lots
Zoning: Manufactured Homes
Fee Simple Lots
Optional Use: Age 55+



HOA Amenities:
5,500 SF Clubhouse
67,000 Gallon Heated Pool
Common Areas
Trails


Location Information:
Florida’s Nature Coast
4 Miles to Crystal River
10 Miles to Gulf of Mexicao
50 Miles to Tampa
80 Miles to Orlando



Investment Opportunity Summary:
Comprehensive Development and Re-Sale Strategy
Development or Sale of Commercial Frontage
Re-sale of Existing Homes Sites
Development of 2 Phases – 190 Home Sites
Re-sale of Developed Sites Individually or In Bulk
Purchased and Developed Sites Can Be Rented