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Highlands
2316 Ute AVENUE
$92,000
● Land - Off Market

2316 Ute AVENUE

LORIDA, FL 33857
bedrooms
Studio
bathrooms
0 Bath
$5,222
Est. Monthly
-39.50%
Cap Rate

About This Property

WOW! Nearly 5 acres on a PAVED ROAD that is NOT in the flood zone other than the very small pond near the front of the property!  MOBILE/MANUFACTURED homes  are OK here!   Best of both worlds to have the option, there are very nice houses with indoor pools on both sides of this lot, you are also free to have a mobile home if you like!! This lot has also been mostly cleared of trees and is partly fenced due to neighboring houses. The removal of trees and partial fencing alone should save you around $10,000 - $15,000  VS. buying a fully wooded, unimproved lot this size. "AU" zoning.  Great place for your mini farm. Priced to sell quickly.
Unit Size
-
Days on Market
56 days
Land Size
4.81 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4,706
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 #O6217578)

Price History

Date / Event Date Event Price
Aug 19, 2024 Sold
Premium
Sold
Aug 7, 2024 In contract -
In contract
Jun 24, 2024 Listed by SAND DOLLAR REALTY GROUP INC $105,000
Listed by SAND DOLLAR REALTY GROUP INC
Apr 19, 2005 Sold
Premium
Sold
Oct 27, 2004 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: 209,475
  • Lot Size Depth Feet: 6,330
  • Lot Size Frontage Feet: 3,310
  • 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: C
  • Subdivision: FLORIDA HIGHLANDS
  • Land Acres: 0000004809
  • Standard Land Use Code: 0010
  • County Land Use Code: 99
  • Legal Description 1: FLORIDA HIGHLANDS PB 5-PG 64 LOT 6 BLK 5

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961000

Zoning

  • Zoning: AU

Geography

  • Subdivision Tract Number: 6
  • Parcel: C-04-35-31-010-0050-0060
  • Block: 5
  • Lot: 6
  • Municipality: COUNTY SOUTH FLORIDA WATER
  • Latitude: 27.4652
  • Longitude: -81.2387

    Address

  • Full Address: 2316 Ute Ave
  • Address - House Number: 2316
  • Address - Street Name: Ute
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lorida
  • Carrier Code: H062
  • 4-Digit Zip Code: 8600
  • Zip Code: 33857

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $53,638
  • Tax Rate Code Area: 60

    Market Valuation

  • Market Total Value: $48,100
  • Market Land Value: $48,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,100
  • Assessed Land Value: $48,100

    Sales

  • Current Sale Contract Date: Apr 15, 2005
  • Current Sale Recording Date: Apr 19, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1310343
  • Previous Sale Recording Date: Oct 27, 2004
  • Previous Sale Contract Date: Oct 12, 2004
  • Previous Sale Amount: $3,300
  • Previous Sale Document Type: 69
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:

$289,990

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1729 ft²

Average Home Age

26.4 years

Currently For Sale

500 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

Rentals Near You

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STELLAR

Listed by: Robert Arnold, Jr
SAND DOLLAR REALTY GROUP INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6217578
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 2316 Ute Avenue built and last sold?
The property at 2316 Ute Avenue was built in and last sold on Apr 15, 2005 for $80,000.
How much is this home worth?
The estimated value of the home located at 2316 Ute Avenue is $0.
What are some comparable homes to 2316 Ute Avenue?
There are currently no comparable homes to 2316 Ute Avenue.
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