Presenting the lowest‑priced property in the entire zip code, surrounded by active Airbnb's, and just two blocks from Lake Panasoffkee — one of Florida’s top bass‑fishing destinations. This property is perfect for BRRRR, airbnb, or as a long‑term hold.
This single-family home was built in 1999, has 2 bedrooms, 1 bathroom, 560 square feet, and a 400-square-foot garage with electricity. The house was treated 5-6 years ago for termites, and no flood insurance is required in Zone X.
The short‑term rental market consistently delivers strong performance with average nightly STR rates ranging from $120 to $145 for renovated cottages similar to this property. Demand is driven by year‑round fishing tourism, winter snowbird traffic, and a limited supply of updated small homes, creating a stable pricing environment with reliable occupancy. Investors benefit from a submarket where clean, modernized units outperform quickly, and simple upgrades — such as improved A/C systems, outdoor amenities, and pet‑friendly policies — can push nightly rates even higher. This area offers an attractive entry point for investors seeking predictable STR income with room for value‑add appreciation.
Also, the Hammock Oaks Golf & RV Resort is officially approved. It's will have 589 RV pads, a golf course, recreation amenities, and centralized utilities. This kind of large‑scale development pushes values up, drives tourism, boosts rental demand, and fuels job growth.
This is a rare, under‑market entry point in a rapidly developing pocket of Central Florida. Contact your EquityPro Advisor now for access and property videos.