1603 PINE TREE Drive
About This Property
Escape to the serene beauty of Steinhatchee, nestled in Florida's charming Big Bend region on the Gulf Coast. This unique property offers TWO mobile homes that are perfect for large families, hosting guests, or rental income. Whether you're seeking a personal sanctuary, a family compound, or an excellent investment, this property offers it all.
Located on a quiet road, the property is just a short golf cart ride away from all the local attractions, including marinas, boat ramps, restaurants and nightlife.
Spend your days exploring the vibrant waterways in this outdoor paradise known for its world-class fishing, scalloping or just relaxing in this laid back fishing village. Whether you're an avid angler, a nature enthusiast, or someone who just loves the Florida sun, Steinhatchee has something special for you.
Contact me for more information and to schedule a visit!
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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Dec 1, 2024 | Listed by COLDWELL BANKER BEN BATES INC | $199,500 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
| Nov 27, 2024 | No longer available | - | |
| No longer available | |||
| Sep 13, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017