170 NE Craig Ave, Lake City, FL, 32055
About This Home
This o?ering presents a rare opportunity to acquire a **12-lot mobile home park** located in Lake City, Florida - one of North Florida's most reliable and in-demand a?ordable housing markets. The property o?ers a balanced mix of tenant-owned homes, rent-to-own contracts, and park-owned units, enabling predictable cash flow with built-in upside through unit renovations and rate optimization.The park is fully licensed, operating smoothly and supported by **recent infrastructure upgrades** , including a newly improved drain field and septic system, significantly reducing near-term capital expenditure risk. A current survey is available for buyer review. This asset is ideal for both first-time operators entering the mobile home park segment and experienced investors seeking a **low-maintenance, partially value-add park** in a growth market.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1994
Materials
- Foundation: Slab
- Roof: Metal,Shingle
- Construction materials: Wood Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: None
Bedrooms & Bathrooms
- Bedrooms: 24
- Bathrooms: 24
Features
- None
Heating & Cooling
- Heating features: Electric
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total interior livable area: 9,206 sqft
Property
Details
- Parcel number: 333S1706500001
- Zoning: MHP
- Special condition: None
Features
- Exterior features: None
Lot
- Lot size: 1.74 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Hurricane
- Heat Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Columbia County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,803 | $57,636 |
| Home Insurance * | $686 | $8,232 |
| Property Taxes | $577 | $6,924 |
| Electricity | $926 | $11,117 |
| Total | $6,992 | $83,904 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-20 | Listed for sale | $950,000 |
View on Zillow