2.43 Acre Lot with Garage in Mims Hog Valley Rd. Mims, FL. 32754
Property Detail
Property Description
The parcel consists of a 2.43 acre lot with a 24’x 26′ block garage and a 10×10 shed. The septic needs replacement and the well is 26′ deep and works fine according to the seller. There is an old mobile home that will need to be removed.
The easiest route would be to bring in a new or used mobile home on the parcel and sell to an end buyer or hold as a rental. There are comps on houses in the $200-$450k range within about 2 miles. Vacant lots with no infrastructure and without impact fees paid sell for $30-60k an acre.
Comps:
4751 Pine Needle – built in 1999 1574 sqft on 1.25 acres – renovated and sold for $180k on 6/25/20
4194 Hog Valley – 1993 Mobile Home 1344 sqft on 1 acre – sold for $150k on 5/29
Ours in a bigger lot with a few extra buildings. There is a lot of demand it seems to bring in a used MH for $20k, clear out the old one, and get a quick and easy profit.
