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Palm Coast 32137
231 Conservatory DRIVE
$185,000
● Land - Off Market

231 Conservatory DRIVE

PALM COAST, FL 32137
bedrooms
Studio
bathrooms
0 Bath
$1,468
Est. Monthly
$363
HOA / Fees
4.26%
Cap Rate

About This Property

Build your dream home on this beautiful oversize lot located in THE CONSERVATORY which is home to the signature Tom Watson Golf Course. The Conservatory at Hammock beach is a fast growing private golf course custom home community with 340 home sites located in Palm Coast. Club Membership options are available as well as an incentive program for club membership through the preferred builder program.
Unit Size
-
Days on Market
99 days
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$48
HOA Dues
$363
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 #FC296192)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold
Premium
Sold
Nov 15, 2023 Listed by MAY REALTY & RESORT RENTALS $215,000
Listed by MAY REALTY & RESORT RENTALS
May 20, 2005 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: 14,026
  • 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: CONSERVATORY AT HAMMOCK BEACH
  • Land Acres: 0000000322
  • Standard Land Use Code: 8000
  • County Land Use Code: 00000
  • State Land Use Code: 0000
  • Legal Description 1: CONSERVATORY AT HAMMOCK BEACH LOT 21 OR 1251 PG 662

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060104

Geography

  • Parcel: 42-10-30-3210-00000-0210
  • Lot: 21
  • Meridian: SEC 42 TWN 10S RNG 30E
  • Municipality: CITY OF PALM COAST
  • Latitude: 29.6061
  • Longitude: -81.2347

    Address

  • Full Address: 231 Conservatory Dr
  • Address - House Number: 231
  • Address - Street Name: Conservatory
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R057
  • 4-Digit Zip Code: 3033
  • Zip Code: 32137

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $51,876
  • Tax Rate Code Area: 061

    Market Valuation

  • Market Total Value: $45,000
  • Market Land Value: $45,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,000
  • Assessed Land Value: $45,000

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9156
  • Previous Sale Recording Date: May 20, 2005
  • Previous Sale Contract Date: May 06, 2005
  • Previous Sale Amount: $404,900
  • Previous Sale Document Type: 68
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 Palm Coast

Stats & Trends

Median Asking:

$359,990

Sale Price/ft²

$194

Below Asking

0.03%

Average Days on Market

77

Average Home Size

1963 ft²

Average Home Age

13.7 years

Currently For Sale

1420 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: CARSTEN GEORG
MAY REALTY & RESORT RENTALS
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC296192
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 231 Conservatory Drive built and last sold?
The property at 231 Conservatory Drive was built in and last sold on Feb 16, 2024 for $185,000.
How much is this home worth?
The estimated value of the home located at 231 Conservatory Drive is $0.
What are some comparable homes to 231 Conservatory Drive?
There are currently no comparable homes to 231 Conservatory Drive.
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