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Levy 32668
21491 SE 73RD PLACE
$26,000
● Land - Off Market

21491 SE 73RD PLACE

MORRISTON, FL 32668
bedrooms
Studio
bathrooms
0 Bath
$154
Est. Monthly

About This Property

OCALA HIGHLANDS WEST 1.25 ACRE BUILDING LOT. Zoned Agricultural/Rural Residential allows for your new manufactured or site-built home. The parcel measures about 165' x 330'. The parcel is located on a fairly developed block with electric service readily available. Away from the cities in the country, you can still commute to Ocala in less than 25 minutes. Bring your animals and build your mini farm. The adjacent corner lot could be negotiated into one transaction to buy both lots.
Unit Size
-
Days on Market
676 days
Land Size
1.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$12
HOA Dues
-
Year Built
1979

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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: 2 years ago (Stellar MLS #OM662131)

Price History

Date / Event Date Event Price
Jun 10, 2025 Sold
Premium
Sold
May 20, 2025 In contract -
In contract
Jan 30, 2025 Price Increased $29,000
↑ $5K (20.8%)
Price Increased
Jun 18, 2024 Price Decreased $24,000
↓ $2K (7.7%)
Price Decreased
May 20, 2024 Price Decreased $26,000
↓ $2K (7.1%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 18
  • Roof Shape Type: 6
  • Roof Cover Type: 5
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 912
  • Gross Building Area: 948
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 19
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCALA HIGHLAND WEST
  • Land Acres: 0000001250
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 0200
  • Mobile Home Indicator: T
  • Legal Description 1: 33-14-19 OCALA HIGHLANDS WEST BLK 34 LOT 8 OR BOOK 858 PAGE 713

Neighborhood

  • School District Name: Levy County School District
  • School Tax School District: FIRE11
  • Census Tract: 970501

Geography

  • Assessors Map Reference: MB 4, 16-C8 PAG
  • Parcel: 09639-007-00
  • Block: 34
  • Lot: 8
  • Meridian: SEC 33 TWN 14S RNG 19E
  • Municipality: SW FLORIDA WT MG
  • Latitude: 29.226
  • Longitude: -82.4122

    Address

  • Full Address: 21491 Se 71st Pl
  • Address - House Number: 21491
  • Street Direction: SE
  • Address - Street Name: 71st
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Morriston
  • Carrier Code: R002
  • 4-Digit Zip Code: 5740
  • Zip Code: 32668

Valuation

    Tax

  • Total Area: 859
  • Tax Year: 2022
  • Tax Amount: $73,293
  • Tax Rate Code Area: SW

    Market Valuation

  • Market Total Value: $25,309
  • Market Land Value: $13,000
  • Market Improvement Value: $12,309

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,309
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $12,309

    Sales

  • Current Sale Contract Date: Sep 27, 2003
  • Current Sale Recording Date: Oct 20, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 414637
  • Previous Sale Recording Date: Sep 06, 2002
  • Previous Sale Contract Date: Sep 27, 2001
  • Previous Sale Amount: $11,500
  • Previous Sale Document Type: 55

    Financing

  • First Mortgage Financing Type: UNK
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 Levy

Stats & Trends

Median Asking:

$299,950

Sale Price/ft²

$202

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1906 ft²

Average Home Age

31.9 years

Currently For Sale

194 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 21771 Se 62nd Street, MORRISTON, FL, 32668

$1,450 /mo

  • 2 Beds
  • 2 Baths
  • 924 ft²
21771 Se 62nd Street, MORRISTON, FL, 32668 Listing by Rosario Cornman

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Lorena Freyn
HARRIETT DOWNS REAL ESTATE LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OM662131
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 21491 Southeast 73rd Place built and last sold?
The property at 21491 Southeast 73rd Place was built in 1979 and last sold on Sep 27, 2003 for $13,500.
How much is this home worth?
The estimated value of the home located at 21491 Southeast 73rd Place is $29,290.
What are some comparable homes to 21491 Southeast 73rd Place?
There are currently no comparable homes to 21491 Southeast 73rd Place.
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