1087 Brake Road
About This Property
30-acre hunting and recreational retreat in Ponce de Leon, FL! This high-and-dry property is set up for outdoor enthusiasts with a partially completed cabin, deep well, established trail system, 1-acre food plot, and two hunting box blinds. A spring-fed creek with approximately 850 feet of frontage runs through the property, while an ATV bridge provides access across the creek to explore the entire tract. Deer, turkey, and wild hogs are frequently seen on the property, making it an ideal hunting and recreational getaway. Located just 8 minutes from Vortex Spring and 15 minutes from Morrison Springs, this private retreat also features a cleared perimeter fence line and electricity available along the road. The cabin has been framed on the interior and is ready for the next owner to finish to their liking. Seller may consider completing the cabin with acceptable terms. Not located in a flood zone. Whether you're looking for a hunting camp, weekend retreat, or future homesite, this unique property offers the best of Northwest Florida's outdoor lifestyle.
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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 |
|---|---|---|---|
| Sep 26, 2026 | Relisted | $239,900 | |
| Relisted | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 26, 2026 | Price Decreased |
$239,900
↓ $10K
(4%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by Bastion Realty LLC | $249,900 | |
| Listed by Bastion Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017