12843 KIRBY SMITH ROAD
About This Property
Here's something you almost never see anymore in the Lake Nona area: a full acre with no HOA. Most of what's on the market around here sits on a small lot with association rules. This one doesn't.
The house is a 4 bedroom, 2 bath that was just remodeled. New kitchen, updated bathrooms, new roof, and fresh paint inside and out. The acre has been completely cleared, so you have room for horses, a boat, an RV, or whatever you want to build out back. No HOA to answer to.
You're tucked between Lake Whippoorwill and Lake Hart in the Kirby Smith Road area, which still feels rural even though Lake Nona is only a few minutes down the road. Medical City is close by, including Nemours, the VA Hospital, and the new AdventHealth hospital opening in 2026. Lake Nona Town Center, Boxi Park, Walmart Supercenter, Sam's Club, and Lowe's are all a quick drive too.
If you want space and privacy without giving up convenience, this is the one to come see.
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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 8, 2026 | Listed by PROSERVE REALTY GROUP LLC | $990,000 | |
| Listed by PROSERVE REALTY GROUP LLC | |||
| Aug 24, 2010 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017