24540 NOVA LANE
About This Property
This property is located away from major highways and traffic corridors, creating a peaceful setting where you can enjoy the sounds of nature instead of road noise. Mature oak trees, abundant wildlife, and an established bald eagle nest contribute to the property's unique Old Florida character.
Located just minutes from Publix, Winn-Dixie, Walmart, restaurants, US-41, and I-75, you'll enjoy the tranquility of country living without sacrificing access to everyday conveniences.
With no HOA, no deed restrictions, no flood zone, and no Scrub Jay restrictions, the property offers exceptional flexibility. Originally part of multiple homesites that were later combined, the property may offer future development flexibility, subject to buyer verification.
Large acreage parcels offering this combination of quiet, privacy, convenience, and potential are becoming increasingly difficult to find.
Property Highlights: 8.75 Acres (Two Adjacent Folios Sold Together), Quiet Location Away from Highway Noise, No HOA, No Deed Restrictions, Not Located in a Flood Zone, Not Located in a Scrub Jay Review Area, Equestrian Community, Mature Oak Trees & Abundant Wildlife, Established Bald Eagle Nest (located at 26.992255, -82.040473), Minutes to Shopping, Dining, US-41 & I-75, Surrounded by Estate Homes and Acreage Properties.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2026 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Jul 30, 2026 | Listed by HOUWZER INC | $475,000 | |
| Listed by HOUWZER INC | |||
| Sep 13, 2025 | No longer available | - | |
| No longer available | |||
| Jun 5, 2025 | Price Decreased |
$500,000
↓ $50K
(9.1%) | |
| Price Decreased | |||
| Jan 30, 2025 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017