000 COUNTY HWY 83A W
About This Property
SURVEY AVAILABLE
Buyer to verify all lot detentions, zoning, access and information deemed important.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2025 | Listed | $565,500 | |
| Listed | |||
| | |||
|
This 8.7-acre wooded property is zoned Rural Village, and it allows residential use with a density allowance of 2 dwelling units per acre. The land offers a blend of privacy, natural beauty, and development potential. In addition to its residential zoning, the zoning allows for the possibility of commercial use, subject to local planning and zoning approvals. This adds flexibility for mixed-use development or small-scale commercial ventures that complement the rural character of the area.
It is the buyer's responsibility to verify all information concerning zoning, use, development potential, availability of utilities, and property dimensions.
| |||
| Aug 4, 2023 | No longer available | - | |
| No longer available | |||
| Nov 15, 2022 | Listed by Realty ONE Group Emerald Coast | $750,000 | |
| Listed by Realty ONE Group Emerald Coast | |||
| Aug 1, 2022 | Price Decreased |
$250,000
↓ $30K
(10.7%) | |
| Price Decreased | |||
| May 20, 2022 | Price Increased |
$279,900
↑ $35K
(14.3%) | |
| Price Increased | |||
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Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 912000
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