1027 PINEAPPLE Street
About This Property
✨ Property Highlights:
Ready to Build: High and dry in Flood Zone X (no mandatory flood insurance required!).
Easy Access: Situated right on a paved road, making construction and daily commuting a breeze.
Agricultural Zoning (AG): Enjoy maximum flexibility, extra privacy, and fewer restrictions on how you use your land.
🎣 The Ultimate Location for Outdoor Lovers
Welaka is famously known as the 'Bass Capital of the World,' and this property puts you right in the heart of the action.
River Access: You are just a few short miles from a public boat ramp on the majestic St. Johns River. Spend your weekends fishing, boating, or cruising the waterways. Springs & Recreation: Take a quick drive to explore the stunning nearby natural springs, perfect for kayaking, swimming, and viewing local wildlife.
Dining & Community: Enjoy the local flavor at several fantastic waterfront restaurants just minutes away.
Whether you are looking to build a weekend fishing retreat or a permanent homestead, this property offers the relaxed, natural Florida lifestyle you've been searching for.
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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 22, 2026 | Sold | ||
| Sold | |||
| Aug 31, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Listed by TIMBER TO TIDES REALTY LLC | $27,900 | |
| Listed by TIMBER TO TIDES REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017