1705 SUNSET TRAIL
About This Property
Surrounded by mature trees and backing directly to the Black Hammock Wilderness Area, the property offers no rear neighbors and a true Old Florida setting. The majority of the land is high and dry, making it well-suited for multiple uses, including residential, agricultural, or equestrian living. Due to the lot size, the property allows for up to four dwellings, offering the rare ability to build a primary residence along with guest homes or mother-in-law apartments.
A rustic rural stilt home currently sits on the property, featuring 1 bedroom and 1 bathroom-perfect for living on-site while constructing your custom dream home. Infrastructure is already in place with three power meters, an on-site transformer box for future expansion, and a new well filtration system installed June 2024.
Animal lovers will appreciate the poured concrete floor pole barn, detached barn, and stable with potential for horse paddocks. With no HOA, you're free to bring horses, goats, chickens, plant gardens, and fully embrace country living. Cochran Forest, a government-protected preserve dedicated to equestrian trails and hiking, lies directly behind the property-an exceptional extension of your backyard.
If you're seeking a private, rural retreat with endless potential in a protected natural setting, this is the real Florida-peaceful, secluded, and truly one of a kind.
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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by KELLER WILLIAMS REALTY AT THE LAKES | $425,000 | |
| Listed by KELLER WILLIAMS REALTY AT THE LAKES | |||
| Dec 10, 2025 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| Oct 28, 2025 | Price Decreased |
$489,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017