This Property Brings in Gross $348,000 a Year Nets around $245,000 to $260,000. It is almost a 10 Cap. Can be Developed to 115 Apartment Units. (An example: If you Developed 115 Units and they were 2 Bed 1 Bath. They would Rent out for $750 a Month. So $750 x 115= $86,250 a Month. So you could bring in 1,035,000 a Year.) The Land alone in this area is worth about 3 to 4 Million. The Property is 240,000 SQ FT or 5.5 Acres. It is Zoned Planned Development Commercial-Pd-C. This Sale Includes 55 Park Owned Units (Including 11 frame bungalows) 12 Lot Owners 12 Lot Owners 11 Lot Vacant Total 80 Spaces, as well as a 2,000 sq ft (approximately) Commercial building. The property is conveniently located within mile of the rapidly developing and highly desirable intersection of Fletcher Avenue and Nebraska Avenue. The property is .5 miles from the interstate access (275), 1.7 miles to University of South Florida Campus and University mall and also not far from Busch Gardens. The property offers 450 unobstructed feet of frontage on Nebraska Avenue.