Prime Waterfront Investment Opportunity in Central Florida
Pana Vista Lodge is a historic and profitable waterfront property strategically positioned at the mouth of the Outlet River, connecting Lake Panasoffkee to the Withlacoochee River. This premier freshwater fishing and outdoor recreation destination attracts RV travelers and outdoor enthusiasts nationwide.
Situated in the heart of Central Florida, the property benefits from seamless connectivity to major markets, including Orlando, Ocala, Clearwater, Daytona, and Gainesville. Additionally, its proximity to **The Villages—the nation’s largest and fastest-growing retirement community—**enhances long-term growth potential and demand.
Investment Summary
Pana Vista Lodge presents a rare opportunity to acquire a legacy waterfront asset with strong existing cash flow and high long-term upside. With immediate expansion potential and increasing demand from Florida’s outdoor tourism and retirement markets, this property offers an attractive investment with substantial ROI potential. Seller will consider holding a note for qualified investors with reasonable terms.
Total Size: ±41 acres with 600 ft. of waterfront & a scenic live oak canopy. Offering Price: $7.5M+ | Submit Offers
INVESTMENT HIGHLIGHTS
Income-Generating Assets:
• 65 RV Pads (expandable by 116 additional spaces)
• 15 Rental Cabins
• 12 Mobile Home Spaces (11 Tenant-Owned Homes, 1 Park-Owned Home)
• 1 Storefront with retail/commercial potential
• 50+ Boat Slips & Docks
• Storage Facilities and a Single-Family Home
Infrastructure:
• County Water (Master Metered)
• 21,000-gallon Waste Water Treatment Plant (fully permitted for expansion, managed by a state utility company)
• Paved & Dirt Roads
• Individual Electric Hookups
• 800' ± of Commercial Hwy
Financial Performance & Growth Potential:
• Gross Revenue: $700K+ annually with predictable operational expenses that currently run at 43% of gross.
• Occ. Rates: 90%+ during peak season / 50% off-season (with owner limiting occupancy—opportunity to increase with advertising).
Value-Add Opportunities:
• Below-market rents present an immediate upside for increased revenue.
• Advertising & marketing efforts can drive higher year-round occupancy.
• Expansion-ready: 30 new RV pads can be added in Year 1, with long-term potential for further development.