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Map
3753 Bunyon Drive
About This Property
This multi-parcel property delivers a rare combination of acreage, flexibility, and layout options-ideal for those seeking land with multiple avenues for future use. With open areas, wooded sections, and a 2,264 sq ft distressed home ready for redevelopment, the possibilities are wide-ranging.
The first parcel (00000000-00-3334-0003) will be sold without the southwest portion (approx. 2.25 acres), leaving approximately 8.63 acres across two separate lots. The size and layout provide an excellent foundation for new construction, agricultural plans, recreational use, or phased development projects.
The second parcel (00000000-00-3335-0003) will be sold without its southwest section (approx. 3.30 acres), leaving an approx. 1.25-acre lot across the street. This parcel connects to the lot with the distressed home, creating opportunities for a primary residence, investment property, or additional build site to complement the surrounding acreage.
One of the included lots is wooded and features a small finger of Pine Log Lake extending onto the property, adding scenic character and enhancing the land's appeal for outdoor-minded buyers or those envisioning a natural buffer around future improvements.
With multiple parcels, varying landscapes, and buildable configurations, this property supports a wide array of potential uses-from a private residential setup to multi-site planning or a long-term hold in an expanding market. The proximity to Hwy 77 N further increases accessibility for future projects. Call a REATLOR today to schedule a private property tour.
Buyer to verify all measurements, parcel boundaries, and usage opportunities.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2025 | Listed by Empire Real Estate of Florida LLC | $130,000 | |
| Listed by Empire Real Estate of Florida LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017