15
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1 PINE STREET
About This Property
This homesite provides the perfect balance of privacy and natural surroundings while still being part of an established, deed-restricted neighborhood known for its tranquil setting and well-maintained homes. There's plenty of room to create your ideal Florida retreat.
Paved road access makes future development more convenient. No utilities are currently connected, allowing buyers to customize services to their needs.
Enjoy low HOA fees of approximately $132/year, plus the option to join the Sugarmill Woods Civic Association for just $20/year, which provides access to community features such as golf, pool, pickleball, and tennis (additional fees may apply).
Residents appreciate the peaceful surroundings, community planning, and proximity to nature, golf, and the Gulf Coast. Conveniently located near shopping, dining, medical facilities, and outdoor recreation-including boating, fishing, and the famous freshwater springs of Citrus County.
Buyers - it is recommended you perform your due diligence including, but not limited to, zoning, rental restrictions, utilities, environmental studies, school assignment and availability, survey and easements, flood and evacuation zones, crime maps, sinkhole maps, and development possibilities to fully explore the potential this property has to offer. Appointment required-do not access property without authorization. Vacant land with unknown terrain; use caution. Hazards may include uneven ground, holes, vegetation, insects, and wildlife. Seller and listing broker make no representations regarding condition or safety. Enter at your own risk.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Relisted | $16,500 | |
| Relisted | |||
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Relisted | $16,500 | |
| Relisted | |||
| Jul 12, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Relisted | $16,500 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017