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Lehigh Acres 33972 Richmond
1008 Pine Avenue
$31,500
● Land - Off Market

1008 Pine Avenue

Lehigh Acres, FL 33972
bedrooms
Studio
bathrooms
0 Bath
$234
Est. Monthly
36.45%
Cap Rate

About This Property

Half acre lot ready to build in prime location! Easy access to Fort Myers, close to SR 82 & RSW Airport.
Unit Size
-
Days on Market
77 days
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$38
HOA Dues
-
Year Built
-

Payment Calculator

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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: 2 years ago ( #224041822)

Price History

Date / Event Date Event Price
Jul 24, 2024 Sold
Premium
Sold
May 8, 2024 Listed by Hamilton-Franklin Realty LLC $39,900
Listed by Hamilton-Franklin Realty LLC
Aug 20, 2019 No longer available -
No longer available
Aug 2, 2019 Listed $11,500
Listed
Build your dream home here!! Half acre lot in a developing area of Lehigh Acres.
Jul 30, 2019 Sold
Premium
Sold
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

    Dimensions

  • Lot Size Square Feet: 21,693
  • 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: LEHIGH ACRES
  • Land Acres: 0000000498
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: LEHIGH ACRES UNIT 6 BLK.18 DB 252 PG 234 LOT 8

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 040212

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: 32B
  • Account Number: 10376784
  • Subdivision Tract Number: 06
  • Parcel: 19-44-27-06-00018.0080
  • Block: 18
  • Lot: 8
  • Meridian: SEC 19 TWN 44S RNG 27E
  • Municipality: LEHIGH ACRES FIRE & LIGHT
  • Latitude: 26.6367
  • Longitude: -81.6604

    Address

  • Full Address: 1008 Pine Ave
  • Legal Unit: 6
  • Address - House Number: 1008
  • Address - Street Name: Pine
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lehigh Acres
  • Carrier Code: R015
  • 4-Digit Zip Code: 8335
  • Zip Code: 33972

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $44,305
  • Tax Rate Code Area: 048

    Market Valuation

  • Market Total Value: $14,852
  • Market Land Value: $17,121

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,852
  • Assessed Land Value: $17,121

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Jul 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019000177206
  • Previous Sale Recording Date: Feb 26, 2003
  • Previous Sale Contract Date: Feb 10, 2003
  • Previous Sale Amount: $3,500
  • Previous Sale Document Type: 71
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 Richmond

Stats & Trends

Median Asking:

$338,999

Sale Price/ft²

$205

Below Asking

0.02%

Average Days on Market

83

Average Home Size

1631 ft²

Average Home Age

9.5 years

Currently For Sale

288 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

Unit for rent at 117 Stetson Street, Lehigh Acres, FL, 33936

$1,250 /mo

  • 1 Bed
  • 1 Bath
  • 619 ft²
117 Stetson Street, Lehigh Acres, FL, 33936 Listing by Luis Gonzalez

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 1008 Pine Avenue built and last sold?
The property at 1008 Pine Avenue was built in and last sold on Jul 23, 2019 for $11,000.
How much is this home worth?
The estimated value of the home located at 1008 Pine Avenue is $40,299.
What are some comparable homes to 1008 Pine Avenue?
There are currently no comparable homes to 1008 Pine Avenue.
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