Mobile Home Park has 19 pads on 2.62 acres in the the center of Palm Beach Gardens & Juno Beach, Florida. Interstate 95, Florida Turnpike and beaches are 10 minutes away. Park is approved for twenty townhomes which is in effect till April 2009. All mobile homes are owned by the seller with each unit having separate electric meters and sewer connection. Each tenant pays $15.00 month for there city water consumption. Present owners had originally purchased park for the land value to erect twenty townhomes, unfortunately the new housing market is not what it was hence the reason for the sale. Sellers purchased all mobile homes and renovated several of them. The current income on month to month leases is $71,520.00 per year and the vacant spaces with a mobile home would be an additional $70,200.00 for a total of $147,900.00 per year. Total expenses are approximately $28,505.00. This is being sold for less then what the sellers paid for it.