A 9-acre RV park in Largo has sold in a $10.5 million deal to a new operator.
PJ Davis Inc. sold the Indian Rocks Travel Park, located at 12121 Vonn Road, to Beach House RV Resort LLC.
The buying LLC entity is connected to Edward Zeman, a Chairman of Chicago-based real estate company Zeman Homes.
The full-service RV community is located in a mixed residential area two miles from Indian Rocks Beach. According to its website, the park has 175 sites and provides propane services, an electric amp, storage during the summer, a dump station and laundry facilities.
It also offers a swimming pool and clubhouse.
A Zeman Homes representative was not immediately available to comment on the new acquisition and plans for the property.
Zeman Homes is one of the largest manufactured home and RV park operators in the country.
The company owns the Paradise Pointe RV Resort in Naples, now known as the Caribbean Naples park.
Zeman Homes also owns a 55-and-older-age-restricted manufactured home community in Haines City and is currently building a new park in Arcadia.
The new Arcadia residential development called South Sands Signature RV Resort, located just south of the Peace River and 25 minutes from Charlotte Harbor, will have a swimming pool, pickleball courts, a dog park and other amenities.
While the Largo transaction marks the company’s entrance into the Pinellas County market, other RV and mobile home communities in the area have been recently acquired by out-of-state buyers.
In October, the Isle of Palms Mobile Home Park, located at 7400 46th Ave. N. in St. Petersburg, sold in a $9.9 million deal.
The seller, which is connected to a South Florida-based investor, sold the 161-unit, age-restricted park to Utah-based manufactured home developer Havenpark Communities.