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Highlands 33870
2901 POWER LINE ROAD
$510,000
● Land - Off Market

2901 POWER LINE ROAD

AVON PARK, FL 33825
bedrooms
Studio
bathrooms
0 Bath
$2,647
Est. Monthly

About This Property

Great opportunity to own a 17+ acre parcel at the SE corner of FL-17 & Power Line Rd. About 8 min from the Sebring Walmart. Residential properties in half a mile radius.
Unit Size
-
Days on Market
112 days
Land Size
17.77 acres
Price per sqft
-
Property Type
Land
Property Taxes
$30
HOA Dues
-
Year Built
-

Payment Calculator

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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: 2 years ago (Stellar MLS #TB8311904)

Price History

Date / Event Date Event Price
Feb 5, 2025 Sold
Premium
Sold
Oct 30, 2024 In contract -
In contract
Oct 13, 2024 Listed by QUICKSILVER REAL ESTATE GROUP $533,000
Listed by QUICKSILVER REAL ESTATE GROUP
Nov 4, 2022 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • 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: 773,889
  • 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: A
  • Subdivision: BASKET LAKE GROVES SEC 07
  • Land Acres: 0000017766
  • Standard Land Use Code: 7005
  • County Land Use Code: 66
  • Legal Description 1: BASKET LAKE GROVES 7-34-29 PER TB PG 5 LOTS 48 + 49 LESS RD R/WS 17.77 ACRES (INGLE 62 BLOCK)

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 960200

Zoning

  • Zoning: AU

Geography

  • Parcel: C-07-34-29-010-0000-0480
  • Lot: 48,49
  • Meridian: SEC 07 TWN 34S RNG 29E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.5321
  • Longitude: -81.4514

    Address

  • Full Address: 2901 Power Line Rd
  • Address - House Number: 2901
  • Address - Street Name: Power Line
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Avon Park
  • Zip Code: 33825

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $53,492
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $57,797
  • Market Land Value: $57,716
  • Market Improvement Value: $81

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,551

    Sales

  • Current Sale Contract Date: Oct 25, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2122743
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:

$280,000

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

99

Average Home Size

1807 ft²

Average Home Age

25.1 years

Currently For Sale

363 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

Unit for rent at 1808 Grand Ridge Street, Sebring, FL, 33870

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,811 ft²
1808 Grand Ridge Street, Sebring, FL, 33870 Listing by Abdul S Wahid

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Jay Nair, P.A.
QUICKSILVER REAL ESTATE GROUP
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8311904
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 2901 Powerline Road built and last sold?
The property at 2901 Powerline Road was built in and last sold on Oct 25, 2022 for $381,200.
How much is this home worth?
The estimated value of the home located at 2901 Powerline Road is $0.
What are some comparable homes to 2901 Powerline Road?
There are currently no comparable homes to 2901 Powerline Road.
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