See Home Value
Pigeon Forge 37863
2834 Florence Drive
$1,119,826*
House - Off Market

2834 Florence Drive

Pigeon Forge, TN 37863
bedrooms
6 Beds
bathrooms
5 Baths
square feet
3080 Sqft
$896,000 - $1,094,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Unique one of a kind property in the heart of downtown Pigeon Forge.  Zoned as commercial C2, this presents an excellent investment opportunity in the current market.  Projected annual rental revenue of $120,000-$130,000.  There simply is no other cabin located in the heart of Pigeon Forge within walking distance to The Island and surrounding attractions of the Parkway, let alone one that offers these amenities - Amazing new outdoor area with a  new swim spa, outdoor fireplace on a large deck, theater room, hot tub and game room.  All of this with no winding or steep roads, an abundance of level parking, and 2 Master Bedroom Suites on the main level.Projected Cap Rate of 8 to 8.7% from credible, high producing cabin property management company.

The manager has listed the unit size as 3080 square feet.
Unit Size
3,080Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$323
Property Type
House
Property Taxes
$2,056
HOA Dues
-
Year Built
1965

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 2, 2021 Sold to Properties Llc 71l $995,000
Sold to Properties Llc 71l
Apr 3, 2021 In contract -
In contract
Mar 26, 2021 Price Increased $995,000
↑ $95K (10.6%)
Price Increased
Mar 26, 2021 Relisted $899,900
Relisted
Show More

Property Highlights

Fireplace
Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3.5 Baths
3,376 ft²
$326/ft²
$1,100,000 May 25, 2023
-
$633/mo
House
3 Beds
4.5 Baths
2,475 ft²
$432/ft²
$1,070,000 Feb 25, 2023
-
$45/mo
House
3 Beds
5 Baths
2,399 ft²
$479/ft²
$1,150,000 Jan 14, 2023
-
$123/mo
House
4 Beds
5 Baths
2,064 ft²
$557/ft²
$1,150,000 Jun 28, 2023
-
$1,176/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210115
01/15/2021
6 Bed
5 Bath
3080 ft²
$899,000
bedrooms
6 Bed
bathrooms
5 Bath
square feet
3080 ft²
-
-
-
-
20180703
07/03/2018
7 Bed
5 Bath
3008 ft²
-
bedrooms
7 Bed
bathrooms
5 Bath
square feet
3008 ft²
-
-
-
-

Building Info

2834 Florence Drive 2834 Florence Drive, Pigeon Forge, TN 37863
More about this Building
2834 Florence Drive
Want to find out who owns 2834 Florence Drive, Pigeon Forge, TN 37863? Get detailed property transactions here .

About Pigeon Forge


Similar Homes for Sale

Unit for sale at 631 Kings Hills Boulevard, Pigeon Forge, TN 37863

$1,150,000

  • 4 Beds
  • 5 Baths
  • 2,064 ft²
631 Kings Hills Boulevard, Pigeon Forge, TN 37863 Listing by Carl Young
Unit for sale at 2868 Sequoia Road, Pigeon Forge, TN 37863

$1,070,000

  • 3 Beds
  • 4.5 Baths
  • 2,475 ft²
2868 Sequoia Road, Pigeon Forge, TN 37863 Listing by Heidi Molle
Unit for sale at 506 Pine Mountain Road, Pigeon Forge, TN 37863

$1,100,000

  • 5 Beds
  • 3.5 Baths
  • 3,376 ft²
506 Pine Mountain Road, Pigeon Forge, TN 37863 Listing by Gracie Mayfield

Nearby Rentals

Unit for rent at

$2,295 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,750 ft²
Listing by Nathalie Apteker


Nearby Counties
Quantcast