0 Pendleton STREET
About This Property
This parcel offers the flexibility to build your dream home exactly as you envision it. Need even more space? The property next door is also available for purchase! Complete with a pool and fresh updates, it's move-in ready. Combine the two for a total of over 0.7 acres to create your private sanctuary or a dual-parcel investment!
Nestled just minutes from iconic local attractions such as Weeki Wachee Springs, Buccaneer Bay, Sunwest Park, and the breathtaking Gulf Beaches, this land puts you in the center of nature's best offerings. Dive with manatees at Hospital Hole, fish or explore at Bayport Park Pier, or savor old Florida charm at Mary's Fish Camp. It's no wonder this area is called the Nature Coast-come discover why!
Conveniently located close to shopping, hospitals, and essential services, this property also keeps you connected to the broader Tampa Bay area, with Tampa International Airport just 45 minutes away. Whether you're looking to escape the hustle and bustle or enjoy easy access to the best of Florida, this location has it all.
They're not making any more land, so don't miss out-buy your slice of paradise now!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Listed by REAL BROKER, LLC | $50,000 | |
| Listed by REAL BROKER, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017