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Highlands 33825
2148 N Olivia DRIVE
$12,625
● Land - Off Market

2148 N Olivia DRIVE

AVON PARK, FL 33825
bedrooms
Studio
bathrooms
0 Bath
$17,337
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Residential lot, vacant land - excellent site, great location on a paved road for your new home. Enjoy Avon Park living, close to Lake Olivia, local stores, golf courses and lakes. Centrally located, would be a great investment for future development. Also for sale, the lot directly backing up to this - #U8122287
Unit Size
-
Days on Market
47 days
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
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 #U8122289)

Price History

Date / Event Date Event Price
May 22, 2023 Sold
Premium
Sold
Mar 21, 2023 No longer available -
No longer available
Mar 7, 2023 Price Decreased $319,900
↓ $15K (4.5%)
Price Decreased
Jan 27, 2023 Listed by COASTAL PROPERTIES GROUP $334,900
Listed by COASTAL PROPERTIES GROUP
Jun 8, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage

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: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • 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: AVON PARK LAKES
  • Land Acres: 0000000184
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: AVON PARK LAKES UNIT 17 PB 5 PG 10 LOTS 5562 + 5563

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 960402

Zoning

  • Zoning: R1

Geography

  • Parcel: C-01-33-28-010-0000-5562
  • Lot: 5562
  • Meridian: SEC 01 TWN 33S RNG 28E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.6256
  • Longitude: -81.5485

    Address

  • Full Address: 2148 N Olivia Dr
  • Address - House Number: 2148
  • Street Direction: N
  • Address - Street Name: Olivia
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Avon Park
  • Carrier Code: R002
  • 4-Digit Zip Code: 9425
  • Zip Code: 33825

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,622
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $6,700
  • Market Land Value: $6,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,700
  • Assessed Land Value: $6,700

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2152297
  • Previous Sale Recording Date: Jun 08, 2022
  • Previous Sale Contract Date: Jun 03, 2022
  • Previous Sale Amount: $22,000
  • 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 Highlands

Stats & Trends

Median Asking:

$284,900

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

99

Average Home Size

1789 ft²

Average Home Age

25.6 years

Currently For Sale

358 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 2544 N Arrowhead Road, AVON PARK, FL, 33825

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
2544 N Arrowhead Road, AVON PARK, FL, 33825 Listing by Leila Sabat

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Sarah Stone
COASTAL PROPERTIES GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8122289
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 2148 North Olivia Drive built and last sold?
The property at 2148 North Olivia Drive was built in and last sold on May 19, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 2148 North Olivia Drive is $320,504.
What are some comparable homes to 2148 North Olivia Drive?
There are currently no comparable homes to 2148 North Olivia Drive.
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