6
Map
16016 SHELDRAKE LOOP
About This Property
Jump-start the construction of your dream home on this beautiful, spacious lot in Weeki Wachee! Much of the initial site preparation has already been completed, saving you valuable time and unknown risks. This property features a cleared homesite, an established build pad, and a well that is already drilled with excellent water production! The lot has also been surveyed and perc tested, making it that much easier to move forward with your building plans.
No TURTLES on the lot at time of listing.
Take advantage of this rare opportunity to purchase an over 1/2-acre homesite with substantial improvements already in place. Bring your builder and start turning your dream home into reality!
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 20, 2026 | Listed by PINNACLE REALTY ADVISORS | $65,000 | |
| Listed by PINNACLE REALTY ADVISORS | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Royal Highlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
PINNACLE REALTY ADVISORS
Last Updated: 17 days ago
Data Source: Stellar MLS, MLS# TB8559798
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017