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Highlands 33870
1859 Hibiscus DRIVE
$44,000
● Land - Off Market

1859 Hibiscus DRIVE

SEBRING, FL 33870
bedrooms
Studio
bathrooms
0 Bath
$236
Est. Monthly
31.25%
Cap Rate

About This Property

PRIME REAL ESTATE...over .5 acre with NO HOA and some of the highest ground in Sebring! It's located in a quiet neighborhood between the Sebring Parkway and Lakeview Drive. Great place to build that perfect home with shopping, dining and downtown just minutes away. Back of property has road easement. Excellent value for the price!! Come see today. Copy of survey is available for buyer.
Unit Size
-
Days on Market
59 days
Land Size
0.62 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
HOA Dues
-
Year Built
1925

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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 #L4946358)

Price History

Date / Event Date Event Price
Sep 20, 2024 Sold
Premium
Sold
Aug 24, 2024 In contract -
In contract
Jul 23, 2024 Listed by ADVANTAGE REALTY 1 $48,000
Listed by ADVANTAGE REALTY 1

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 12
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,068
  • Gross Building Area: 2,068
  • Building Area: 2,068
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 0
  • Heated Square Feet: 2,068
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: SEBRING HEIGHTS SUB
  • Land Acres: 0000001240
  • Standard Land Use Code: 7005
  • County Land Use Code: 66
  • Legal Description 1: SEBRING HEIGHTS SUB PB 2-PG 2 LOTS 9-10-11-30-31-32 BLK 249

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 960800

Zoning

  • Zoning: R1A

Geography

  • Parcel: C-19-34-29-060-2490-0090
  • Block: 249
  • Lot: 9-10
  • Meridian: SEC 19 TWN 34S RNG 29E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.513
  • Longitude: -81.4608

    Address

  • Full Address: 1859 Hibiscus Dr
  • Address - House Number: 1859
  • Address - Street Name: Hibiscus
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sebring
  • Zip Code: 33870

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $85
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $144
  • Market Land Value: $144

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62
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 Highlands

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1729 ft²

Average Home Age

26.7 years

Currently For Sale

503 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

Unit for rent at 3125 Villa Road, FL, 33870

$1,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,029 ft²
3125 Villa Road, FL, 33870 Listing by Ashley Seetaram

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Greg Karlson
ADVANTAGE REALTY 1
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# L4946358
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 1859 Hibiscus Drive built and last sold?
The property at 1859 Hibiscus Drive was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1859 Hibiscus Drive is $0.
What are some comparable homes to 1859 Hibiscus Drive?
There are currently no comparable homes to 1859 Hibiscus Drive.
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