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Poinciana 34759 Lake Marion Village
1353 Congo DRIVE
$58,000
● Land - Off Market

1353 Congo DRIVE

POINCIANA, FL 34759
bedrooms
Studio
bathrooms
0 Bath
$59,777
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to Poinciana. Come see why many builders are already here building new homes for the fast increasing population of this town. This front lot is cleared, utilities are present on the street, and is ready to be built on. Contact for more info.
Unit Size
-
Days on Market
401 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$15
HOA Dues
$23
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 #S5073688)

Price History

Date / Event Date Event Price
Jan 4, 2024 Sold
Premium
Sold
Oct 12, 2023 Sold
Premium
Sold
Aug 31, 2022 Listed by THE FIRM RE $60,000
Listed by THE FIRM RE
Mar 22, 2022 Sold
Premium
Sold
Oct 20, 2021 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: 7,004
  • 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: POINCIANA SUBDIVISION NBRHD 2 WEST VIL 7
  • Land Acres: 0000000161
  • Standard Land Use Code: 8001
  • County Land Use Code: 0001
  • State Land Use Code: 00
  • Legal Description 1: POINCIANA NEIGHBORHOOD 2 WEST VILLAGE 7 PB 55 PGS 5/18 BLK 436 LOT 11

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 014127

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 934460
  • Parcel: 28-27-33-934460-436110
  • Block: 436
  • Lot: 11
  • Meridian: SEC 33 TWN 27S RNG 28E
  • Municipality: UNINCORP/SOUTH FL WMD
  • Latitude: 28.0889
  • Longitude: -81.5147

    Address

  • Full Address: 1353 Congo Dr
  • Address - House Number: 1353
  • Address - Street Name: Congo
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Kissimmee
  • Carrier Code: R090
  • 4-Digit Zip Code: 4606
  • Zip Code: 34759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,268
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 30000

    Market Valuation

  • Market Total Value: $28,000
  • Market Land Value: $28,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,000
  • Assessed Land Value: $28,000

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Jan 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2302
  • Previous Sale Recording Date: Oct 12, 2023
  • Previous Sale Contract Date: Oct 06, 2023
  • Previous Sale Amount: $58,000
  • 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 Marion Village

Stats & Trends

Median Asking:

$278,700

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

112

Average Home Size

1610 ft²

Average Home Age

9.7 years

Currently For Sale

212 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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STELLAR

Listed by: Naf Zaman
THE FIRM RE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# S5073688
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 1353 Congo Drive built and last sold?
The property at 1353 Congo Drive was built in and last sold on Dec 29, 2023 for $335,800.
How much is this home worth?
The estimated value of the home located at 1353 Congo Drive is $60,600.
What are some comparable homes to 1353 Congo Drive?
There are currently no comparable homes to 1353 Congo Drive.
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