💎 DOUBLE WIDE DEAL: Own the Land (Moon Lake) - $55k+ Spread! 💎

About this property

NEW PORT RICHEY OFF-MARKET Address: 12440 Lantana Ave, New Port Richey, FL 34654 Asking Price: $100,000 ARV: $165,000 Est. Rehab: $25k (Cosmetic) THE DEAL: This is a FEE SIMPLE Mobile Home opportunity (You own the land!). Located in the rental-friendly Moon Lake Estates with NO HOA. The Asset: 1989 Manufactured Home on a.18 Acre Lot. The Spread: Buy for under $95k, put in $25k (floors, paint, kitchen), and sell for $155k+ or rent for $1,500/mo. REAL MARKET COMPS: SOLD: $165,000 - 10323 Lake Dr (Renovated Double Wide) SOLD: $155,000 - 12024 Moon Lake Cir (Renovated Mobile on Land) SOLD: $210,000 - 12510 Banbury Ave (Newer Double Wide - Shows the ceiling!) WHY BUY: Land Value: The dirt alone in Moon Lake is selling for $35k-$45k. You get a livable house for barely more than land cost. Cash Flow: With no lot rent and low taxes, this cash flows heavily as a rental or Airbnb. ACCESS & TERMS: EMD: $5,000 (Non-Refundable) Closing: Fast close preferred (14-21 days). Title: Clear title ready to go. VIDEO ACCESS: Don't wait for photos.

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