TREMENDOUS UPSIDE BY LEASING THE 24 UNOCCUPIED MOBILE HOME LOTS, WHICH COULD YIELD A $100,000 NOI INCREASE WITHOUT RAISING LOT RENT, SIMPLY BY FILLING THESE VACANT SPACES! INCREASE PROPERTY VALUE BY $1,000,000 JUST BY MAXIMIZING OCCUPANCY! LESS THAN $36,000 PER UNIT Property Overview This property is situated in San Mateo, FL, a tranquil and picturesque area in Putnam County, Florida. Conveniently located midway between Orlando and Jacksonville, it’s less than an hour from the beaches of St. Augustine and Daytona. San Mateo Estates is an established, mixed-use mobile home and RV community with IMMENSE potential. Spanning 36.26 acres, the property includes: 57 mobile home lots – 21 park-owned homes (including the office and manager’s residence) are included in the sale. 33 RV lots 24 vacant lots PRIMED for income generation Current Operations Mobile Home Occupancy: 31 of 57 lots occupied (54%) RV Occupancy: 13 of 34 lots occupied (38%) Additional Income Streams: Warehouse lease, farm lease, vehicle/boat/RV storage, potential apartment rental space. Gross Income History: 2024: $560,731 2023: $526,173 2022: $535,364 Included Park-Owned Home Inventory: Multiple 2019 Clayton models, a 2008 Springfield, and other rentable units. Total estimated retail value: $873,131. Investment Potential: There is considerable opportunity to enhance occupancy and increase rental rates to market levels. With vacant pads ready for tenants and untapped storage/apartment income, the park could be transformed into a highly profitable venture. Please email lia@florentineholding.com for more information Amenities & Features This turnkey park offers multiple amenities that enhance resident satisfaction and boost potential rental income: Office building Swimming pool Clubhouse Laundry facilities with restrooms Several stocked ponds Fenced livestock area with barn with a yearly tenant Large steel storage building with a yearly tenant