💸 CASH COW: Mobile on Owned Land (No HOA!) - 34654

About this property

MOON LAKE ESTATES STEAL Address: 12450 Lantana Ave, New Port Richey, FL 34654 Asking Price: $100,000 Proforma ARV: $150,000 Potential Rent: $1,300 - $1,450/mo (Long Term) | $2,500+ (Airbnb) THE PLAY: Stop paying lot rent! This is a FEE SIMPLE sale (you own the dirt). While stick-built homes on this street are selling for $220k - $260k, you can pick up this cash-flow machine for under $100k. The Asset: 2 Bed / 2 Bath Mobile Home (Approx 805 sq. ft.) on a nice 7,700+ sq. ft. lot. Condition: Solid 1982 vintage. Needs cosmetic refresh (LVP flooring, paint, updated kitchen/bath) to maximize rent. Zero Restrictions: NO HOA. NO LOT RENT. Park your boat, RV, or work truck. COMPS & VALUE: Neighborhood Ceiling: Stick-built homes nearby are hitting $260k+ (e.g., 11521 Rose Tree Dr ), making this land extremely valuable. Mobile Comp: 12540 Gurnee Ave sold for $120,000 recently. Mobile Comp: 12510 Banbury Ave (Double Wide) sold for $210,000 in July 2026! Land Value: The empty lot next door (12426 Lantana ) sold for cash in 2026, proving land demand is active. EXIT STRATEGIES: The BRRRR: Buy for $95k -> Rehab $15k -> Rent for $1,400/mo. (Refi out at $135k valuation). The "Snowbird" Flip: Renovate to "cute & cozy" standards and sell to a northern retiree looking for a cheap Florida base under $140k. New Construction Play: Hold for cash flow now, replace with a larger Double Wide or Stick Built later to hit the $220k+ mark. [ 1 ] ACCESS & TERMS: EMD: $5,000 (Non-Refundable) Closing: On or before August 31, 2026 Title: Clear & Ready. LAND-OWNED DEALS UNDER $100K DO NOT LAST. VIDEO ACCESS: Don't wait for photos.

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