2005 Double-Wide on 0.7 Acres – Value-Add Opportunity

  • $79,900
Rabbit Track Rd, Florida 32189
  • Manufactured/Mobile
  • Property Type
  • 2
  • Bedrooms
  • 2.00
  • Bathrooms
  • 1,248
  • Moderate
  • Estimated Rehab Cost
  • $150,000-$165,000 +/-
  • Estimated ARV

Overview

  • Manufactured/Mobile
  • Property Type
  • 2
  • Bedrooms
  • 2.00
  • Bathrooms
  • 1,248
  • Moderate
  • Estimated Rehab Cost
  • $150,000-$165,000 +/-
  • Estimated ARV

Description

This 2005-built 3-bed, 2-bath double-wide mobile home offers over 1,400 sq ft of living space on a spacious 0.7-acre lot in Satsuma. The property has central AC with an additional wall unit in the kitchen.  This could be good as either a rental or resale after improvements.

The home will need a roof along with general cleaning, debris removal, interior/exterior paint, and cosmetic updates.

🛠️ Rehab Scope

  • New roof
  • Trash-out & debris removal
  • Full interior/exterior paint
  • Deep clean & cosmetic refresh

🔴 Comparable Sales

  • 130 Rabbit Track Rd – 1,782 sq ft, built 2004 → Sold $195,000 ($109/sq ft)
  • 364 Hoot Owl Rd – 1,288 sq ft, built 1979 → Sold $157,400 ($122/sq ft)
  • 129 Michener Ave – 1,770 sq ft, built 1985 → Sold $255,000 ($144/sq ft)

💰 ARV & Rent Potential

  • Based on comps at $109–$144 per sq ft, ARV projects around $160k–$190k.
  • Market rents for 3/2 double-wides in the area run $1,250–$1,450/month, depending on condition.

Details

  • Price: $79,900
  • Property Size (Sq. ft.): 1,248
  • Land Area (Acres): 0.70
  • Garage: None
  • Year Built: 2005
  • Property Type: Manufactured/Mobile
  • Property Status: Cash Flow, Flip
  • County: Putnam
  • Estimated ARV: $150,000-$165,000 +/-
  • Estimated Rehab Cost: Moderate
  • Estimated Monthly Rent: $1,400 +/-
  • Yearly Taxes: $527
  • HOA Monthly Cost: $0
  • Construction Type: Prefab
  • Pool: None

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