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Volusia 32174 Plantation Pines
430 NEEDLES Drive
$40,000
● Land - Off Market

430 NEEDLES Drive

Ormond Beach, FL 32174
bedrooms
Studio
bathrooms
0 Bath
$75,543
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

2+ acres in upscale rural community. 8 miles west of I-95. Not far from pavement. Freshly cleared with oversized 30ft culvert. High lot located on eastern edge of development. Lot backs up to Rima Ridge preserve, vacant lot on one side and across the street, quiet neighbor on the other side. Voluntary HOA. Deed restrictions do not allow Mobile homes, site built homes only. Horses allowed. Excellent drainage with ditches on front and back of property. Great neighborhood 10 minutes to Walmart and shopping, 20 minutes to beaches. Perfect location for those looking for peace and quiet.
Unit Size
-
Days on Market
-
Land Size
2.13 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2021

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: 3 years ago (Real MLS #840552)

Price History

Date / Event Date Event Price
Mar 7, 2020 No longer available -
No longer available
Feb 27, 2020 Sold
Premium
Sold
Jan 27, 2020 Relisted $89,000
Relisted
Jan 26, 2020 No longer available -
No longer available
Jan 17, 2020 Listed by REALTY EXCHANGE LLC $89,000
Listed by REALTY EXCHANGE LLC
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 17
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 92,783
  • Total Building Area: 1,856
  • Gross Building Area: 1,856
  • Building Area: 1,856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,856
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLANTATION PINES UNREC SUB
  • Land Acres: 0000002130
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 00
  • Mobile Home Indicator: T
  • Legal Description 1: PARCEL IN SECTION 7 15 31 BEING 300 FT ON N/L & 310 FT ON W/L AKA LOT 339 PLANTATION PINES UNREC SUB NO 246 PER OR 2738 PG 0573 PER OR 6404 PG 3356 PER OR 7249 PG 2673 PER OR 7304 PG 3817 PER OR 7821 PG 1510

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 083206

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: W1-0012
  • Account Number: 2082844
  • Section: 7
  • Subdivision Tract Number: 01
  • Parcel: 4035-01-00-3390
  • Lot: 339
  • Meridian: SEC 35 TWN 14S RNG 30E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.2184
  • Longitude: -81.2286

    Address

  • Full Address: 430 Needles Dr
  • Address - House Number: 430
  • Address - Street Name: Needles
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: R014
  • 4-Digit Zip Code: 8053
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $524,967
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 448,098
  • High Value: 525,418
  • Low Value: 370,778

    Market Valuation

  • Market Total Value: $316,377
  • Market Land Value: $60,066
  • Market Improvement Value: $256,311

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,377
  • Assessed Land Value: $60,066
  • Assessed Improvements Value: $256,311

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 2020
  • Current Sale Recording Date: Feb 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-041959
  • Previous Sale Recording Date: May 04, 2016
  • Previous Sale Contract Date: Apr 29, 2016
  • Previous Sale Amount: $14,000
  • 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 Plantation Pines

Stats & Trends

Median Asking:

$572,000

Sale Price/ft²

$306

Below Asking

0.07%

Average Days on Market

96

Average Home Size

1050 ft²

Average Home Age

37 years

Currently For Sale

1 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

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Real MLS

Listed by: David Pilvinsky, REALTY EXCHANGE LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 840552
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.

Frequently Asked Questions

When was property at 430 Needles Drive built and last sold?
The property at 430 Needles Drive was built in 2021 and last sold on Feb 27, 2020 for $65,000.
How much is this home worth?
The estimated value of the home located at 430 Needles Drive is $89,890.
What are some comparable homes to 430 Needles Drive?
There are currently no comparable homes to 430 Needles Drive.
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