New exterior sidingSeasonal in-ground community poolOpen cabinetry conceptNew front porch lightNew formica countertopsUpgraded water heaterUpgraded bathrooms
Welcome to Lot 26 in The Santa Fe Mobile Home Park in the beautiful Worthington Springs area of Lake Butler, FL. This home is CURRENLTY OCCUPIED (please do Not approach), with a quality/paying tenant with good credit in the 700's and PERFECT for a new or seasoned investor seeking an Income Generating property as a first investment or stabilized portfolio add.
Currently rented at market rate of $1250mo. with a lease expiration date of June 30, 2027.
At 68k purchase price, an investor buyer will receive a Cap Rate of 14% on the acquisition + monthly cash flow of $800 after the monthly Lot Rent of $450; both numbers are a very rare find in a traditional real estate transaction!
This home was newly rehabbed, completed in 2025 from the ground up. New floor structure base (underneath the hardwood floors), new durable/scratch resistant hardwood inspired floors throughout, upgraded water heater, new Formica countertops and kitchen appliances compliment the open cabinetry concept, upgraded bathrooms, new washer + dryer units, new electrical baseboard heating systems in each room, new exterior siding, new front porch light, new custom steps on both the front and back of the home. There's also a 2-car carport on the front of the home.
The park itself is fully paved, located in an A+ school district, offers a US Post-Office at the entrance of the park, a rural scenery compliments the pond and seasonal in-ground community pool, both are located near the professional onsite leasing/management office which currently handles rent collections + tenant issues on behalf of ownership.
This investment is a true steal and priced to sell!
Only serious inquiries will be entertained and proof of funds are required prior to accommodating any in-person tours.
What the owner loves about this home
This is a tenant occupied home (PLEASE DO NOT APPROACH) and Income Generating at market rate of $1250mo.
That's a Cap Rate of 14% on the acquisition + monthly cash flow of $800 after the monthly lot rent of $450 is paid. Both numbers are unheard of in a traditional real estate transaction!
Come check out this home and claim your next investment property today.
Also, if you're seeking a vacant home to live in or also rent out, please inquire about Lot 14 which is also available in the same park.
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Listed by:
Property Owner(484) 636-8639
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Interior area
Total interior livable area: 980 sqft
Property
Lot
Size: 0.25 Acres
Construction
Type & style
Home type: MobileManufactured
Condition
New construction: No
Year built: 1975
Community & HOA
HOA
Has HOA: Yes
HOA fee: $450 monthly
Location
Region: Lake Butler
Financial & listing details
Price per square foot: $69/sqft
Date on market: 7/24/2026
PO
Property Owner
(484) 636-8639
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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