1016 ANVIL WAY
About This Property
Discover a rare opportunity to nearly an acre of residential lots in beautiful Glades County, Florida. This property totals .92 acres of high and dry land in the desirable X flood zone – meaning no flood insurance is required!
Located in a peaceful and growing area, these lots offer the perfect setting for building your dream home, investing in future development, or creating a private retreat away from the hustle and bustle.
Property Features:
• Total Area: .92 acres (2 combined lots, number 1 and 2)
• Zoning: Residential
• Flood Zone: X (no flood insurance required)
• Parcel Count: 2 individual lots (can be sold together or separately)
• Topography: Level, lightly wooded
• Utilities: Nearby (buyer to verify)
Why You'll Love It:
No HOA
Quiet rural setting
Easy access to local highways
Ideal for custom homes or investment
Minutes from fishing, boating, and Lake Okeechobee recreation
Don't miss this incredible opportunity to own multiple residential parcels in one of Florida's most serene and affordable counties. Whether you're a builder, investor, or future homeowner, these lots have unmatched value and potential.
Contact us today for more information, parcel maps, or to schedule a visit!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017