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4747 Highway 83 N - Camp Serenity RV Park 11.73 Acres of Commercial Land Offered at $2,850,000 in Defuniak Springs, FL 32433
Investment Highlights
- Asking Price: $2,850,000
- Site Area / Program: 11.73± acres | 72 RV sites | 15 tent sites
- Appraised As Is Value: $2,650,000
- Location: 4747 State Highway 83 North, DeFuniak Springs, FL 32433
- Current Status: Partially completed development | Key Remaining Execution: Final construction, approvals, opening, and stabilization
- Estimated Remaining Cost: $1,965,000
Executive Summary
Ownership has advanced the project through substantial site clearing, grading, utility installation, engineering, and development work. The appraisal reports that underground utilities were substantially complete at the time of inspection, most electrical pedestals had been installed, and water service had been connected. Remaining work includes the sewer tie-in, internal roads, RV sites, amenity building, and final site improvements.
The property is offered at $2,850,000. Sage Commercial Advisory concluded an As Is value of $2,650,000, a prospective As Complete value of $5,200,000, and a prospective As Stabilized value of $5,700,000. The appraisal estimates approximately $1,965,000 of remaining construction cost, subject to its assumptions and limiting conditions.
Camp Serenity is best suited for experienced RV park operators, developers, private investors, and leisure platforms capable of completing construction, opening the property, and executing the lease-up and stabilization strategy.
Property Facts
| Price | $2,850,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 11.73 AC |
| Property Type | Land |
| Price | $2,850,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 11.73 AC |
1 Lot Available
Lot
| Price | $2,850,000 | Lot Size | 11.73 AC |
| Price Per AC | $242,966.75 |
| Price | $2,850,000 |
| Price Per AC | $242,966.75 |
| Lot Size | 11.73 AC |
±11.73-acre RV park development site with approvals and infrastructure progress for 72 full-hookup RV sites and 15 tent sites.
Description
Camp Serenity RV Park presents a partially completed outdoor hospitality development opportunity on approximately 11.73 acres along State Highway 83 North in DeFuniak Springs, Florida. The planned project includes 72 full-hookup RV sites and 15 tent sites, creating a total of 87 proposed accommodations designed to serve the growing demand for recreational travel and outdoor lodging in Northwest Florida. Ownership has completed significant development work, including site clearing, grading, engineering, utility installation, and related infrastructure improvements. According to the appraisal, underground utilities were substantially complete at the time of inspection, most electrical pedestals had been installed, and water service had been connected. Remaining improvements include the sewer connection, internal road network, RV site construction, amenity building, and final site enhancements. The property offers investors and operators the opportunity to acquire a project that has advanced beyond the initial entitlement and infrastructure stages while retaining meaningful upside through construction completion and operational stabilization. Appraisal conclusions indicate an As Is value of $2,650,000, a prospective As Complete value of $5,200,000, and a prospective As Stabilized value of $5,700,000, with approximately $1,965,000 in remaining construction costs subject to the appraisal's assumptions and conditions. Camp Serenity is positioned for experienced RV park operators, developers, and hospitality investors seeking to complete development and bring a planned RV destination to market.
