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Ocoee 34761 Lake Olympia Club
128 Olympus DRIVE
$169,000
● Land - Off Market

128 Olympus DRIVE

OCOEE, FL 34761
bedrooms
Studio
bathrooms
0 Bath
$198,790
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

BACK IN THE MARKET..LOCATION, LOCATION, LOCATION!! Enjoy the sunset or the lake anytime. Lot is big enough to build a big house. Beautiful Lake front home site. Build your dream home on a lake close to Orlando. This is the best priced home site on a lake in Orange county. Enjoy waterskiing every day on the certified slalom course. The pristine crystal Clear water in this lake makes you feel like your relaxing in a giant swimming pool. Don't miss this one.
Unit Size
-
Days on Market
72 days
Land Size
0.70 acres
Price per sqft
-
Property Type
Land
Property Taxes
$180
HOA Dues
$44
Year Built
-

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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: 3 years ago (Stellar MLS #O5937381)

Price History

Date / Event Date Event Price
Feb 22, 2024 Sold
Premium
Sold
Jan 25, 2024 In contract -
In contract
Dec 2, 2023 Price Decreased $675,000
↓ $5K (0.7%)
Price Decreased
Dec 1, 2023 Price Decreased $680,000
↓ $10K (1.5%)
Price Decreased
Nov 22, 2023 Price Decreased $690,000
↓ $6K (0.9%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,413
  • Total Building Area: 2,909
  • Gross Building Area: 2,909
  • Building Area: 2,207
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,207
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE OLYMPIA CLUB
  • Land Acres: 0000000698
  • Standard Land Use Code: 1001
  • County Land Use Code: 0030
  • State Land Use Code: 00
  • Legal Description 1: LAKE OLYMPIA CLUB 25/81 LOT 61

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5300
  • Census Tract: 018100

Zoning

  • Zoning: R-1AA

Geography

  • Assessors Map Reference: 69B
  • Subdivision Tract Number: 4719
  • Parcel: 16-22-28-4719-00-610
  • Lot: 61
  • Meridian: SEC 16 TWN 22S RNG 28E
  • Municipality: OCOEE
  • Latitude: 28.5696
  • Longitude: -81.5213

    Address

  • Full Address: 128 Olympus Dr
  • Address - House Number: 128
  • Address - Street Name: Olympus
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ocoee
  • Carrier Code: C005
  • 4-Digit Zip Code: 4107
  • Zip Code: 34761

Valuation

    Tax

  • Total Area: 2,430
  • Tax Year: 2023
  • Tax Amount: $296,403
  • Tax Rate Code Area: 65-OCO

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 453,432
  • High Value: 529,431
  • Low Value: 377,433

    Market Valuation

  • Market Total Value: $175,000
  • Market Land Value: $175,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,000
  • Assessed Land Value: $175,000

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 105386
  • Previous Sale Recording Date: Jun 28, 2021
  • Previous Sale Contract Date: Jun 25, 2021
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: 71
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 Lake Olympia Club

Stats & Trends

Median Asking:

$477,000

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

108

Average Home Size

2216 ft²

Average Home Age

35 years

Currently For Sale

1 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

Unit for rent at 1100 Jamela Drive, OCOEE, FL, 34761

$1,295 /mo

  • 1 Bed
  • 1 Bath
  • 771 ft²
1100 Jamela Drive #B, OCOEE, FL, 34761 Listing by Billy Cannon, Jr
Unit for rent at 58 Mileham Drive, ORLANDO, FL, 32835

$1,197 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
58 Mileham Drive, ORLANDO, FL, 32835 Listing by Lore Perdomo

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Luis Bello
ACTION PLUS REALTY SERVICES
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5937381
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. Information is deemed reliable but not guaranteed. 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 128 Olympus Drive built and last sold?
The property at 128 Olympus Drive was built in and last sold on Feb 16, 2024 for $660,000.
How much is this home worth?
The estimated value of the home located at 128 Olympus Drive is $0.
What are some comparable homes to 128 Olympus Drive?
There are currently no comparable homes to 128 Olympus Drive.
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