$190,000
●
House -
Off Market
305 ATLANTIC Avenue
Interlachen, FL 32148
3 Beds
2 Baths,
1
Half Bath
1,474 Ft²
$1,210
Est. Monthly
10.22%
Cap Rate
About This Property
Picturesque turn of the century charm fills this 2-story home.
Built in the late 1800 hundreds. A great investment opportunity in
Interlachen, Florida! Whether you are a seasoned investor looking
for your next fix & flip project or just starting your real estate
investment journey, don't miss the chance to capitalize on this
affordable opportunity today! With the right vision and execution,
this property holds the potential for substantial returns through a
successful flip or long term hold! This property is being sold AS
IS. It is a fixer-upper with great potential on a beautiful lot
The approx. .38 acre lot is home to a number of fruit trees
& grape vines plus a great 1-car garage. The green shed and dog pen
do not convey.
Unit Size
1,474 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1900
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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 (Real MLS #2019978)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2025 | No longer available | - | |
| No longer available | |||
| Nov 13, 2024 | Relisted | $184,000 | |
| Relisted | |||
| Nov 13, 2024 | Price Decreased |
$179,000
↓ $5K
(2.7%) | |
| Price Decreased | |||
| Nov 1, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 27, 2024 | Listed by COLDWELL REALTY YOUR HOME GUARANTEED LLC | $184,000 | |
| Listed by COLDWELL REALTY YOUR HOME GUARANTEED LLC | |||
| | |||
|
Turn of the century charm fills this 3-bedroom, 1.5-bath home located in the heart of Interlachen's historic area. Nestled on a spacious .38-acre lot, this completely fenced-in property offers both privacy and a sense of community. This residence captures the essence of small-town living. Enjoy the convenience of walking to the city park and downtown Interlachen, where you can immerse
yourself in the local culture and history. This home provides easy access to the nearby cities of Palatka and Gainesville, just a 20-minute drive away, making it an ideal location for those seeking a peaceful retreat with the benefits of urban amenities close by. With plenty of potential, this property invites you to create your dream home in a picturesque setting. Don't miss the opportunity to own a piece of Interlachen's charm and history. Contact us today to schedule a viewing and experience the unique appeal of this lovely home for yourself.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Interlachen
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Listed by: Robert Holmquist, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2019978
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2019978
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