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About This Property
With the land already cleared, you can immediately appreciate the size and potential of the property. Whether you're looking for the perfect setting to build your future home, create a private country retreat, established pasture for horses or livestock, or simply invest in a piece of Florida land, this property offers plenty of possibilities.
The generous road frontage provides excellent access and gives you flexibility when planning the future use of the property. The wide-open landscape offers room to spread out, enjoy the outdoors, and create the country lifestyle you've been looking for.
If you've been searching for cleared acreage in Myakka City with substantial road frontage and room for your plans to grow, this one deserves a closer look. Bring the house plans, bring the horses, and bring your vision--this property is ready for what's next.
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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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by Real Broker LLC | $625,000 | |
| Listed by Real Broker LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017