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Flagler 32136
36 Secretariat LANE
$350,000
● Land - Off Market

36 Secretariat LANE

FLAGLER BEACH, FL 32136
bedrooms
Studio
bathrooms
0 Bath
$2,282
Est. Monthly
$175
HOA / Fees
2.79%
Cap Rate

About This Property

THE SKY IS THE LIMIT! Bring your builder and purchase this PRISTINE 5.14 ACRE LOT within the developing and luxurious Gated Flagler Beach Polo Club West. Join this growing equestrian community of expansive residential lots decorated with stately oaks trees, maple trees, natural beauty and winding, navigable waterways are a canoeing or kayaking enthusiast's dream right outside their front door! With plenty of room to roam, peace and privacy, you can build a main house, guest house, massive garage, oasis-like pool or whatever you desire! Just minutes away from the beach - this is the best location for your new home!
Unit Size
-
Days on Market
273 days
Land Size
5.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$148
HOA Dues
$175
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 #FC295862)

Price History

Date / Event Date Event Price
Aug 1, 2024 Sold
Premium
Sold
Jun 12, 2024 In contract -
In contract
May 22, 2024 Price Decreased $399,000
↓ $26K (6.1%)
Price Decreased
Apr 11, 2024 Price Decreased $425,000
↓ $50K (10.5%)
Price Decreased
Feb 29, 2024 Price Decreased $475,000
↓ $24K (4.8%)
Price Decreased
Show More

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: 223,898
  • 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: FLAGLER BEACH POLO CLUB WEST
  • Land Acres: 0000005140
  • Standard Land Use Code: 8000
  • County Land Use Code: 00000
  • State Land Use Code: 0000
  • Legal Description 1: FLAGLER BEACH POLO CLUB WEST LOT 33 OR 1284 PG 1945 OR 1284 PG 1892

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060304

Zoning

  • Zoning: AC

Geography

  • Parcel: 38-12-31-2250-00000-0330
  • Lot: 33
  • Meridian: SEC 38 TWN 12S RNG 31E
  • Municipality: UNINCORPORATED
  • Latitude: 29.4439
  • Longitude: -81.1548

    Address

  • Full Address: 36 Secretariat Ln
  • Address - House Number: 36
  • Address - Street Name: Secretariat
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Flagler Beach
  • Carrier Code: H008
  • 4-Digit Zip Code: 4390
  • Zip Code: 32136

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $133,377
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $92,500
  • Market Land Value: $92,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,500
  • Assessed Land Value: $92,500

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8403
  • Previous Sale Recording Date: Jan 07, 2021
  • Previous Sale Contract Date: Jan 05, 2021
  • Previous Sale Amount: $110,000
  • 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 Flagler

Stats & Trends

Median Asking:

$378,990

Sale Price/ft²

$200

Below Asking

0.03%

Average Days on Market

79

Average Home Size

2065 ft²

Average Home Age

15.6 years

Currently For Sale

2125 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: ANDREW KALCOUNOS
COLDWELL BANKER PREMIER PROPERTIES (HAMMOCK)
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC295862
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 36 Secretariat Lane built and last sold?
The property at 36 Secretariat Lane was built in and last sold on Feb 28, 2023 for $175,000.
How much is this home worth?
The estimated value of the home located at 36 Secretariat Lane is $0.
What are some comparable homes to 36 Secretariat Lane?
There are currently no comparable homes to 36 Secretariat Lane.
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