$52,500
●
Land -
Off Market
26643 SE 159th LANE
UMATILLA, FL 32784
Studio
0 Bath
$83,519
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
You will not believe this incredible peaceful location. This very
well may be your next homesite if you've always wanted to build a
custom lakefront home in a gated, exclusive community. Only 22
total homesites are within this 114-acre property known as Hidden
Oaks Lakefront Country Estates. It's a short 13 miles to The
Villages and Weirsdale, 4 miles to Altoona and 8 miles to Umatilla.
From your back porch, you can look across Lake Nicatoon at the 100
square mile Ocala National Forest. Saddle up your horse and ride
the many groomed horse trails. All of Hidden Oaks was lovingly
cleared by the original owners with attention paid to keeping the
land as natural as possible. All roads were put in place with the
same attention to details. Make plans today to venture to the
wonderful spot in north Lake County.
Unit Size
-
Days on Market
-
Land Size
2.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$35
HOA Dues
$130
Year Built
-
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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 #G5023506)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2024 | Listed | $165,000 | |
| Listed | |||
| | |||
|
Find your heavenly retreat Umatilla, FL, with this expansive 2.06-acre vacant land. Architectural plans for a 5,000 sft home included. Surrounded by nearby attractions, envision your dream life in this flourishing community. Embark on a retreat in nature with Alexander Springs Recreation Area just 20 minutes away. Explore the scenic beauty and tranquil landscapes that define Umatilla. Unwind in the serene ambiance of Sunnyhill Restoration Area, a mere 10 minutes away. Enjoy moments of peace and reconnect with nature in the heart of Umatilla. Discover the natural splendor of Lake May Reserve, only 21 minutes away. This reserve offers a picturesque setting, providing the perfect backdrop for your dream retreat. Immerse yourself in the wonders of nature at Trout Lake Nature Center, a short 19-minute drive away. Witness wildlife and embrace the natural charm of Umatilla. Experience recreational bliss at Ferrand Park, just 21 minutes away. This park invites you to indulge in outdoor activities amidst the vibrant energy of Umatilla. Seize the opportunity to own this beautiful vacant land in Umatilla, FL, and create your natural sanctuary. Whether you seek a retreat or an investment opportunity, act promptly to secure this prime 2.06-acre canvas. Embrace the natural charms of Umatilla and design your dream home in this wonderful secluded community.
| |||
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Oct 4, 2021 | No longer available | - | |
| No longer available | |||
| Jul 10, 2021 | Price Decreased |
$74,900
↓ $35K
(31.9%) | |
| Price Decreased | |||
| Jun 24, 2021 | Relisted | $109,900 | |
| Relisted | |||
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About Marion
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Listed by: Betty Hensinger
WEICHERT REALTORS HALLMARK PRO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# G5023506
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.
WEICHERT REALTORS HALLMARK PRO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# G5023506
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017