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Middleburg 32068
4348 ELI WHITNEY Drive
$316,500
● House - Off Market

4348 ELI WHITNEY Drive

Middleburg, FL 32068
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,322 Ft²
$1,737
Est. Monthly
9.15%
Cap Rate

About This Property

You will call this one home for sure! This 1994 custom-built Coursey Construction 3 bedroom, 2 bath home is tucked in a very quiet neighborhood on just over an acre, offering a country feel yet close to shopping. The open floor plan features wood & tile flooring throughout and a cozy wood-burning fireplace, perfect for the holidays, fenced backyard with concrete patio, shed and wooded area. Updates include a new water heater (2025) and new electrical panel (2025). Roof will be replaced at closing with architectural shingles! Close access to Middleburg's Main Street single boat ramp on Black Creek with restroom facility, pavilion & picnic area, playground, and scenic boardwalks through the wetlands. Don't miss this one you won't be disappointed! This home is available for USDA 100% and FHA 100% financing.
Unit Size
1,322 Ft²
Days on Market
50 days
Land Size
1.03 acres
Price per sqft
$242
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1994

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: 11 months ago (Real MLS #2110134)

Price History

Date / Event Date Event Price
Nov 14, 2025 Sold
Premium
Sold
Oct 2, 2025 In contract -
In contract
Sep 23, 2025 Listed by WATSON REALTY CORP $319,900
Listed by WATSON REALTY CORP
Apr 5, 2016 Sold
Premium
Sold
Nov 20, 2015 Listed by WATSON REALTY CORP $159,900
Listed by WATSON REALTY CORP
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Lot Size Depth Feet: 2,430
  • Lot Size Frontage Feet: 1,830
  • Total Building Area: 1,947
  • Gross Building Area: 1,947
  • Building Area: 1,322
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,322
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GINHOUSE LANDING UNIT 1
  • Land Acres: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 35 GINHOUSE LANDING UNIT 1 AS REC OR 3844 PG 2051

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030103

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: 1495-D1
  • Parcel: 10-05-24-005966-002-35
  • Lot: 35
  • Meridian: SEC 10 TWN 05S RNG 24E
  • Municipality: UNINCORPORATED
  • Latitude: 30.0795
  • Longitude: -81.8865

    Address

  • Full Address: 4348 Eli Whitney Dr
  • Legal Unit: 1AS
  • Address - House Number: 4348
  • Address - Street Name: Eli Whitney
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Middleburg
  • Carrier Code: H012
  • 4-Digit Zip Code: 5014
  • Zip Code: 32068

Valuation

    Tax

  • Total Area: 1,947
  • Tax Year: 2022
  • Tax Amount: $173,835
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 304,826
  • High Value: 363,479
  • Low Value: 246,173

    Market Valuation

  • Market Total Value: $182,472
  • Market Land Value: $35,000
  • Market Improvement Value: $147,472

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $139,869

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2016
  • Current Sale Recording Date: Apr 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016016098
  • Previous Sale Recording Date: Feb 12, 2014
  • Previous Sale Contract Date: Feb 10, 2014
  • Previous Sale Amount: $143,000
  • 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 Middleburg

Stats & Trends

Median Asking:

$390,000

Sale Price/ft²

$222

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1960 ft²

Average Home Age

24.2 years

Currently For Sale

53 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 2160 Windward Cay Lane, Middleburg, FL, 32068

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,601 ft²
2160 Windward Cay Lane, Middleburg, FL, 32068 Listing by ELIZABETH L QUINTANA

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: SALLIE ROSS, WATSON REALTY CORP
Last Updated: 11 months ago
Data Source: Real MLS, MLS# 2110134
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 4348 Eli Whitney Drive built and last sold?
The property at 4348 Eli Whitney Drive was built in 1994 and last sold on Mar 14, 2016 for $162,000.
How much is this home worth?
The estimated value of the home located at 4348 Eli Whitney Drive is $309,296.
What are some comparable homes to 4348 Eli Whitney Drive?
There are currently no comparable homes to 4348 Eli Whitney Drive.
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