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Highlands 33870
3113 POWER LINE ROAD
$308,000
● Land - Off Market

3113 POWER LINE ROAD

AVON PARK, FL 33825
bedrooms
Studio
bathrooms
0 Bath
$1,886
Est. Monthly
7.60%
Cap Rate

About This Property

10.86± Acres of Prime Lake-View Residential Development Land - Designated for Medium-Density Residential use, allowing you to preserve valuable development entitlements while benefiting from current Agricultural zoning to keep taxes low. Water and sewer along paved road frontage on Arbuckle Creek Road to the south. Just across the road, you'll find lakefront multi-family apartment complexes and established lakefront communities, with existing utilities already servicing these adjacent developments-positioning your property for a smooth and efficient future build.
Unit Size
-
Days on Market
216 days
Land Size
8.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
$19
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: 7 months ago (Stellar MLS #L4955788)

Price History

Date / Event Date Event Price
Apr 15, 2026 Sold
Premium
Sold
Jan 21, 2026 In contract -
In contract
Sep 11, 2025 Listed by ADVANTAGE REALTY 1 $380,100
Listed by ADVANTAGE REALTY 1
Oct 27, 2022 Sold
Premium
Sold
Aug 23, 2000 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: 387,891
  • 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 08
  • Land Acres: 0000008905
  • Standard Land Use Code: 7005
  • County Land Use Code: 66
  • Legal Description 1: BASKET LAKE GROVES IN 8-34-29 TB PG 5 LOT 36 (MCRAE) 8.91 ACRES

Neighborhood

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

Zoning

  • Zoning: AU

Geography

  • Parcel: C-08-34-29-010-0000-0360
  • Lot: 36
  • Meridian: SEC 08 TWN 34S RNG 29E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.5323
  • Longitude: -81.4428

    Address

  • Full Address: 3113 Powerline Rd
  • Address - House Number: 3113
  • Address - Street Name: Powerline
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Avon Park
  • Zip Code: 33825

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,243
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $39,176
  • Market Land Value: $39,176

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,117

    Sales

  • Current Sale Contract Date: Oct 25, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2121473
  • Previous Sale Recording Date: Aug 23, 2000
  • Previous Sale Amount: $66,900
  • 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:

$284,900

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

99

Average Home Size

1789 ft²

Average Home Age

25.6 years

Currently For Sale

358 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: Yezmin Restrepo
ADVANTAGE REALTY 1
Last Updated: 7 months ago
Data Source: Stellar MLS, MLS# L4955788
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 3113 Powerline Road built and last sold?
The property at 3113 Powerline Road was built in and last sold on Oct 25, 2022 for $168,200.
How much is this home worth?
The estimated value of the home located at 3113 Powerline Road is $383,901.
What are some comparable homes to 3113 Powerline Road?
There are currently no comparable homes to 3113 Powerline Road.
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