Camp Serenity RV Park is a partially completed RV park development opportunity located on approximately 11.73 acres at 4747 State Highway 83 North in DeFuniak Springs, Walton County, Florida. The planned program includes 72 full-hookup RV sites and 15 tent sites, for a total of 87 planned sites.
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.