12340 Highway 2301
About This Property
Lot 55, Block A, offers 1.23 +/- acres with 109 feet of frontage on Highway 2301. This is your canvas for a cozy home, mobile home, or modular home - tailored to your budget and dreams.
Frontage Spanning 109' across Hwy 2301 at 370' deep this lot sits nestled in District 55, unincorporated Youngstown, amidst a small-town atmosphere where community matters. Zoned Agriculture 2 (1 unit per 20 ac), with extensions from Agriculture 1, envision your own space within nature. A single-family dwelling is possible, is inviting you to create a snug haven surrounded by the tranquility in the country.
Appreciate the positives: Despite mostly sitting in Flood Zone A with wetlands, these features are embraced here. Enjoy a 30-foot buffer around the wetlands, showcasing the beauty of nature. While wetlands typically raise concerns, they become assets when approached creatively. A true wetlands delineation study could open doors to unlocking this lot's hidden potential.
Investing in your future is within reach.
Gulf Coast Electric Coop serves the area. No gas, public water, or sewer is available - a chance to explore self-sufficiency.
Private Well - needed.
Septic - needed.
Gas - Propane tank needed.
Education and convenience meet here. Waller Elementary caters to the young learners while Northwest Florida Beaches International Airport is a mere 21 miles away. Public beach access, just 30 miles away, brings relaxation to home and away.
For outdoor enthusiasts, the Ecofina Creek Canoe Livery awaits to the north. Begin your journey down 7 miles of the Ecofina, embracing nature's splendor.
Turn dreams into reality with Lot 55. Your country living journey starts here. Connect with us to explore this affordable gem, ready to shape into your very own haven.
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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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Price Decreased |
$21,000
↓ $2K
(8.7%) | |
| Price Decreased | |||
| Sep 6, 2024 | Listed by The Agency Northwest Florida Beaches | $23,000 | |
| Listed by The Agency Northwest Florida Beaches | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017