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About This Property
Discover an exceptional opportunity to own 6.22 acres in Frostproof, Central Florida. This unique property includes two separate parcels, a beautifully renovated, move- in- ready manufactured home situated on 1.22 acres, plus an adjoining 5 acres cleared parcel offering incredible potential- The property also features a spacious detached warehouse, ideal for storage, equipment, hobbies, or workspace. Privacy of country living with room for agriculture, livestock, a custom home, additional structures, or future investment opportunities. Whether you are looking for a private retreat, acreage to build on, or an investment with room to grow, this property offers outstanding versatility.
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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 |
|---|---|---|---|
| Oct 21, 2026 | Listed by CANVAS REAL ESTATE | $369,000 | |
| Listed by CANVAS REAL ESTATE | |||
| Oct 8, 2026 | Price Decreased |
$369,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Jun 16, 2026 | Listed by Canvas Real Estate | $379,000 | |
| Listed by Canvas Real Estate | |||
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Welcome to your private Central Florida retreat! This exceptional offering presents a rare opportunity to own 6.22 total acres across two separate parcels. The property features a beautifully transformed, move-in-ready residence situated on 1.22 acres, complemented by an adjacent 5-acre cleared parcel ready for a custom home, additional structures, agricultural use, or future development.
A standout feature is the spacious detached warehouse, providing endless possibilities for entrepreneurs, hobbyists, and those seeking substantial storage or workspace. Whether you're looking to expand, invest, build, or simply enjoy a private country setting, this one-of-a-kind property offers a level of versatility and opportunity rarely available in Central Florida.
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| Mar 30, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017