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Putnam
109 PINE Trail
$19,000
● Land - Off Market

109 PINE Trail

Melrose, FL 32666
bedrooms
Studio
bathrooms
0 Bath
$115
Est. Monthly

About This Property

Build your new home or place your mobile home in 1 ACRE DRY LOT. This beautiful lot is located in an area close to many LAKES, SPRINGS and the St John's River. This lot has a lot potential for people that love water life. 5 minutes from Keystone heights. 25 minutes from Gainesville, Green Cove and Middleburg.. LOT EASY TO CLEAR. SURVEY ON FILE
Unit Size
-
Days on Market
325 days
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$9
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 (Real MLS #2030899)

Price History

Date / Event Date Event Price
May 2, 2025 Sold
Premium
Sold
Apr 14, 2025 In contract -
In contract
Sep 11, 2024 Price Decreased $21,500
↓ $1K (4.4%)
Price Decreased
Jun 11, 2024 Listed by FLORIDA HOMES REALTY & MTG LLC $22,500
Listed by FLORIDA HOMES REALTY & MTG LLC
Mar 25, 2024 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: 43,560
  • Lot Size Depth Feet: 2,020
  • Lot Size Frontage Feet: 2,160
  • 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: HALF MOON LAKE HOMESITES
  • Land Acres: 0000001000
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: PT OF NE1/4 OR302 P2001 (HALFMOON LAKE HOMESITES UNREC BLK K LOTS 7 & 8)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950300

Geography

  • Account Number: 11446
  • Parcel: 10-09-23-3407-0110-0070
  • Block: 11
  • Lot: 7
  • Meridian: SEC 10 TWN 09S RNG 23E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.7312
  • Longitude: -81.9875

    Address

  • Full Address: 109 Pine
  • Address - House Number: 109
  • Address - Street Name: Pine
  • State: FL
  • City Name: Melrose
  • Zip Code: 32666

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,820
  • Tax Rate Code Area: 000

    Market Valuation

  • Market Total Value: $7,520
  • Market Land Value: $7,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,520
  • Assessed Land Value: $7,520

    Sales

  • Current Sale Contract Date: Mar 08, 2024
  • Current Sale Recording Date: Mar 25, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7454
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 Putnam

Stats & Trends

Median Asking:

$279,950

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1774 ft²

Average Home Age

45.5 years

Currently For Sale

409 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

Rentals Near You

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Real MLS

Listed by: RAMIRA GONZALES, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2030899
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 109 Pine Trail built and last sold?
The property at 109 Pine Trail was built in and last sold on Mar 8, 2024 for $10,000.
How much is this home worth?
The estimated value of the home located at 109 Pine Trail is $21,715.
What are some comparable homes to 109 Pine Trail?
There are currently no comparable homes to 109 Pine Trail.
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