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Highlands 33852
3045 Cacao ROAD
$7,000
● Land - Off Market

3045 Cacao ROAD

LAKE PLACID, FL 33852
bedrooms
Studio
bathrooms
0 Bath
$46
Est. Monthly

About This Property

Residential Lot in Leisure Lakes available for a great price! .23 acre to build your future home in a rustic area of Highlands County. Not too far from the town of Lake Placid or the City of Sebring, this affords you the peace and quiet of natural Florida without driving hours to civilization.
Unit Size
-
Days on Market
94 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$7
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 #L4945019)

Price History

Date / Event Date Event Price
Aug 26, 2024 Sold
Premium
Sold
Aug 7, 2024 In contract -
In contract
May 24, 2024 Listed by ADVANTAGE REALTY 1 $7,800
Listed by ADVANTAGE REALTY 1
Jan 26, 2023 Sold
Premium
Sold
May 2, 2005 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: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • 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: LEISURE LAKES SEC 07
  • Land Acres: 0000000230
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: LEISURE LAKES SEC 7 PB 7-PG 8 LOT 3 BLK 73

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961604

Zoning

  • Zoning: R1

Geography

  • Parcel: C-21-36-29-070-0730-0030
  • Block: 73
  • Lot: 3
  • Meridian: SEC 21 TWN 36S RNG 29E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.3493
  • Longitude: -81.4238

    Address

  • Full Address: 3045 Cacao Rd
  • Address - House Number: 3045
  • Address - Street Name: Cacao
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lake Placid
  • Zip Code: 33852

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,303
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $5,000
  • Market Land Value: $5,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,000
  • Assessed Land Value: $5,000

    Sales

  • Current Sale Contract Date: Jan 26, 2023
  • Current Sale Recording Date: Jan 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2133916
  • Previous Sale Recording Date: May 02, 2005
  • Previous Sale Contract Date: Apr 25, 2005
  • Previous Sale Amount: $9,000
  • Previous Sale Document Type: 71
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:

$281,990

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

99

Average Home Size

1796 ft²

Average Home Age

25.1 years

Currently For Sale

366 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

Rentals Near You

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STELLAR

Listed by: Susan Geitner
ADVANTAGE REALTY 1
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# L4945019
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 3045 Cacao Road built and last sold?
The property at 3045 Cacao Road was built in and last sold on Jan 26, 2023 for $8,000.
How much is this home worth?
The estimated value of the home located at 3045 Cacao Road is $0.
What are some comparable homes to 3045 Cacao Road?
There are currently no comparable homes to 3045 Cacao Road.
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