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Seminole 32732 Mullet Lake Retreat
1783 Marsh WAY
$125,000
● Land - Off Market

1783 Marsh WAY

GENEVA, FL 32732
bedrooms
Studio
bathrooms
0 Bath
$129,417
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Secluded and quiet 5 acres in Geneva where you can build your home and enjoy nature and all it has to offer.  Lots of wildlife with a peaceful environment.  Just around the corner from Mullet Lake park where you can launch your boat.  Circular driveway is in place, Mullet Lake water meter is already installed, wetland dilineation reports and buildable lot letter has already been done.  Ready for you to find your plans and build your dream home.  A rated schools and close to shopping and major roads for easy commuting.  Owner will consider owner financing with 50% down, terms to be determined.
Unit Size
-
Days on Market
115 days
Land Size
5.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$62
HOA Dues
-
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 #O6121800)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Jun 27, 2023 Listed by KM HOMES AND LAND LLC $129,900
Listed by KM HOMES AND LAND LLC
Mar 18, 2014 Sold
Premium
Sold
Oct 1, 2009 Sold
Premium
Sold

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: 222,592
  • 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: MULLET LAKE RETREAT 5 ACRE DEVELOPMENT
  • Land Acres: 0000005110
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: SEC 05 TWP 20S RGE 32E N 1/2 OF SE 1/4 OF SE 1/4 OF NW 1/4

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: COUNTY-TX DIST
  • Census Tract: 021201

Zoning

  • Zoning: A5

Geography

  • Assessors Map Reference: 00878C72
  • Subdivision Tract Number: 301
  • Parcel: 05-20-32-301-001V-0000
  • Lot: 28
  • Meridian: SEC 05 TWN 20S RNG 32E
  • Municipality: COUNTY-TX DIST 1
  • Latitude: 28.7811
  • Longitude: -81.1415

    Address

  • Full Address: 1783 Marsh Way
  • Address - House Number: 1783
  • Address - Street Name: Marsh
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Geneva
  • Carrier Code: R002
  • 4-Digit Zip Code: 9679
  • Zip Code: 32732

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $79,758
  • Tax Rate Code Area: 01

    Market Valuation

  • Market Total Value: $73,840
  • Market Land Value: $73,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,501

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 97290
  • Previous Sale Recording Date: Mar 18, 2014
  • Previous Sale Contract Date: Feb 14, 2014
  • Previous Sale Amount: $6,000
  • 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 Mullet Lake Retreat

Stats & Trends

Median Asking:

$647,500

Sale Price/ft²

$367

Above Asking

0.00%

Average Days on Market

54

Average Home Size

1973 ft²

Average Home Age

21 years

Currently For Sale

0 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

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STELLAR

Listed by: Kimberly Brown
KM HOMES AND LAND LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6121800
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 1783 Marsh Way built and last sold?
The property at 1783 Marsh Way was built in and last sold on Oct 20, 2023 for $125,000.
How much is this home worth?
The estimated value of the home located at 1783 Marsh Way is $0.
What are some comparable homes to 1783 Marsh Way?
There are currently no comparable homes to 1783 Marsh Way.
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