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Sugarmill Woods 34446
1 Milbark Drive
Photo of 1 Milbark Drive
Sold on Jul 21, 2025

2

Map

Photo of 1 Milbark Drive
$22,000
● Land - Off Market

1 Milbark Drive

Homosassa, FL 34446
bedrooms
Studio
bathrooms
0 Bath
$138
Est. Monthly
45.04%
Cap Rate

About This Property

High and dry large corner lot in the up in coming area of Sugarmill Woods. Grab this .34 of an acre lot before the builders do and build your dream home, vacation home, or weekend getaway at your own pace. Just minutes to Homosassa Springs, Crystal River, and the Gulf. Buyers to do their own do diligence to verify information from tax rolls and property appraisers site.
Unit Size
-
Days on Market
31 days
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$15
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (Space Coast MLS #912670)

Price History

Date / Event Date Event Price
Jul 21, 2025 Sold
Premium
Sold
Jun 22, 2025 In contract -
In contract
Jun 20, 2025 Relisted $25,000
Relisted
Jul 12, 2024 No longer available -
No longer available
Jun 30, 2024 Relisted $28,900
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 14,907
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 1,990
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SUGARMILL WOODS (CYPRESS VILLA
  • Land Acres: 0000000342
  • Standard Land Use Code: 8001
  • County Land Use Code: 0008
  • Legal Description 1: SUGARMILL WOODS CYPRESS VLG PB 9 PG 86 LOT 1 BLK 43

Neighborhood

  • School District Name: Citrus County School District
  • School Tax School District: 00SW
  • Census Tract: 451603

Zoning

  • Zoning: PDR

Geography

  • Account Number: 1540399
  • Parcel: 18E-20S-13-0010-00430-0010
  • Block: 43
  • Lot: 1
  • Meridian: SEC 16 TWN 20S RNG 18E
  • Municipality: SUGARMILL WOODS
  • Latitude: 28.7494
  • Longitude: -82.5103

    Address

  • Full Address: 1 Milbark Dr
  • Address - House Number: 1
  • Address - Street Name: Milbark
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Homosassa
  • Carrier Code: R013
  • 4-Digit Zip Code: 4158
  • Zip Code: 34446

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $28,170
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 00SW

    Market Valuation

  • Market Total Value: $18,800
  • Market Land Value: $18,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,800
  • Assessed Land Value: $18,800

    Sales

  • Current Sale Contract Date: Jun 04, 2012
  • Current Sale Recording Date: Jun 06, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012025124
  • Previous Sale Recording Date: May 01, 2012
  • Previous Sale Contract Date: May 01, 2012
  • Previous Sale Amount: $3,200
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sugarmill Woods

Stats & Trends

Median Asking:

$337,500

Sale Price/ft²

$163

Below Asking

0.04%

Average Days on Market

87

Average Home Size

2172 ft²

Average Home Age

22.3 years

Currently For Sale

173 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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SpaceCoast

Listed by: Michelle Sales, Blue Marlin Real Estate
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 912670
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1 Milbark Drive built and last sold?
The property at 1 Milbark Drive was built in and last sold on Jun 4, 2012 for $1,900.
How much is this home worth?
The estimated value of the home located at 1 Milbark Drive is $25,250.
What are some comparable homes to 1 Milbark Drive?
There are currently no comparable homes to 1 Milbark Drive.
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