4747 Highway 83 N - Commercial LAND FOR SALE


Defuniak Springs, FL 32433 510,959 SF
$2,850,000 USD
813-728-6481
4747 Highway 83 N, Defuniak Springs, FL for Sale
$2,850,000 USD
Commercial LAND - FOR SALE
1/11
510,959 SF

4747 Highway 83 N
Defuniak Springs, FL 32433


HIGHLIGHTS

  • Asking Price: $2,850,000
  • Location: 4747 State Highway 83 North, DeFuniak Springs, FL 32433
  • Site Area / Program: 11.73± acres | 72 RV sites | 15 tent sites
  • Current Status: Partially completed development | Key Remaining Execution: Final construction, approvals, opening, and stabilization
  • Appraised As Is Value: $2,650,000
  • Estimated Remaining Cost: $1,965,000

OVERVIEW

Camp Serenity RV Park is a partially completed RV park development opportunity located on approximately 11.73 acres at 4747 State Highway 83 North in DeFuniak Springs, Walton County, Florida. The planned program includes 72 full-hookup RV sites and 15 tent sites, for a total of 87 planned sites. Ownership has advanced the project through substantial site clearing, grading, utility installation, engineering, and development work. The appraisal reports that underground utilities were substantially complete at the time of inspection, most electrical pedestals had been installed, and water service had been connected. Remaining work includes the sewer tie-in, internal roads, RV sites, amenity building, and final site improvements. The property is offered at $2,850,000. Sage Commercial Advisory concluded an As Is value of $2,650,000, a prospective As Complete value of $5,200,000, and a prospective As Stabilized value of $5,700,000. The appraisal estimates approximately $1,965,000 of remaining construction cost, subject to its assumptions and limiting conditions. Camp Serenity is best suited for experienced RV park operators, developers, private investors, and leisure platforms capable of completing construction, opening the property, and executing the lease-up and stabilization strategy.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/ACRE

$242,967/AC

PRICE/SF

$6 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Camp Serenity RV Park

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

11.73 AC

LAND SF

510,959 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

03-3N-19-190000-002-0040

ASK ABOUT THIS PROPERTY

Jose VillaoLeisure Investment Properties GroupMore Info
813-728-6481

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Jose VillaoLeisure Investment Properties GroupMore Info
813-728-6481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.