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DeBary 32713 Millers Acres
29 Palmetto DRIVE
$50,000
● Land - Off Market

29 Palmetto DRIVE

DEBARY, FL 32713
bedrooms
Studio
bathrooms
0 Bath
$322
Est. Monthly
20.85%
Cap Rate

About This Property

Build your DREAM HOME on this oversized lot Located in the heart of Debary with NO HOA! Conveniently located to I-4, the Orlando Metro area, beaches & just minutes from shopping, restaurants, medical facilities & some of the nicest natural springs in Florida.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$57
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 #O6178359)

Price History

Date / Event Date Event Price
Mar 6, 2024 Sold
Premium
Sold
Feb 14, 2024 Listed by EXP REALTY LLC $54,000
Listed by EXP REALTY LLC
May 15, 1979 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: 14,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,000
  • 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: MILLER ACRES FIRST ADD MB
  • Land Acres: 0000000321
  • Standard Land Use Code: 8001
  • County Land Use Code: 0001
  • State Land Use Code: 00
  • Legal Description 1: W 1/2 OF LOT 8 BLK C MILLER ACRES FIRST ADD MB 11 PG 240 PER OR 2072 PG 0281 PER OR 6003 PG 3253

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 090904

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: W2-0016-34
  • Account Number: 2430338
  • Subdivision Tract Number: 06
  • Parcel: 8034-06-03-0080
  • Block: C
  • Lot: 8
  • Meridian: SEC 34 TWN 18S RNG 30E
  • Municipality: DEBARY
  • Latitude: 28.8776
  • Longitude: -81.3158

    Address

  • Full Address: 29 Palmetto Dr
  • Address - House Number: 29
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Debary
  • Carrier Code: C006
  • 4-Digit Zip Code: 3205
  • Zip Code: 32713

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $67,871
  • Tax Rate Code Area: 015

    Market Valuation

  • Market Total Value: $54,320
  • Market Land Value: $54,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,320
  • Assessed Land Value: $54,320

    Sales

  • Current Sale Contract Date: Mar 04, 2024
  • Current Sale Recording Date: Mar 06, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43752
  • Previous Sale Recording Date: May 15, 1979
  • Previous Sale Contract Date: May 15, 1979
  • Previous Sale Amount: $4,000
  • Previous Sale Document Type: 27
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 Millers Acres

Stats & Trends

Median Asking:

$324,000

Sale Price/ft²

$214

Below Asking

0.03%

Average Days on Market

66

Average Home Size

967 ft²

Average Home Age

70 years

Currently For Sale

1 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: Sascha Davis
EXP REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6178359
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 29 Palmetto Drive built and last sold?
The property at 29 Palmetto Drive was built in and last sold on Mar 4, 2024 for $50,000.
How much is this home worth?
The estimated value of the home located at 29 Palmetto Drive is $54,540.
What are some comparable homes to 29 Palmetto Drive?
There are currently no comparable homes to 29 Palmetto Drive.
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