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Hernando Beach 34607 Hernando Beach
4478 Burmuda DRIVE
$220,000
● Land - Off Market

4478 Burmuda DRIVE

HERNANDO BEACH, FL 34607
bedrooms
Studio
bathrooms
0 Bath
$260,172
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Buyers, here is the perfect gulf access lot with a brand-new seawall to be built soon and ready to build your dream home! Beautiful Deep Water and Gulf Access is just minutes away. Seawall is included in the price and has been scheduled for installation. Great boating, fishing and kayaking. Close to shopping and dining. Come take advantage of the Florida lifestyle! Great Living, Vacation, Retirement or Investment property.
Unit Size
-
Days on Market
198 days
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$108
HOA Dues
-
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 #A4544457)

Price History

Date / Event Date Event Price
Feb 27, 2023 Sold
Premium
Sold
Aug 7, 2022 Listed by MDM NAPLES REAL ESTATE LLC $249,000
Listed by MDM NAPLES REAL ESTATE LLC
Mar 24, 2005 Sold
Premium
Sold
Oct 16, 2003 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: 6,700
  • 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: GULF COAST RET UNIT 4
  • Land Acres: 0000000154
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: GULF COAST RET UNIT 4 BLK 43 LOT 17 OR 309 PG 329

Neighborhood

  • School District Name: Hernando County School District
  • School Tax School District: 36,65
  • Census Tract: 041501

Geography

  • Assessors Map Reference: MAP: 7D
  • Account Number: 00158233
  • Parcel: R12-223-16-2010-0430-0170
  • Block: 43
  • Lot: 17
  • Meridian: SEC 12 TWN 23S RNG 16E
  • Municipality: COASTAL RIVER BASIN EMS CRES
  • Latitude: 28.4982
  • Longitude: -82.6584

    Address

  • Full Address: 4478 Burmuda Dr
  • Address - House Number: 4478
  • Address - Street Name: Burmuda
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Hernando Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 2805
  • Zip Code: 34607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $162,065
  • Tax Rate Code Area: CW-ES

    Market Valuation

  • Market Total Value: $167,500
  • Market Land Value: $167,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,164

    Sales

  • Current Sale Contract Date: Feb 20, 2023
  • Current Sale Recording Date: Feb 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10883
  • Previous Sale Recording Date: Mar 24, 2005
  • Previous Sale Contract Date: Mar 16, 2005
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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 Hernando Beach

Stats & Trends

Median Asking:

$538,500

Sale Price/ft²

$332

Below Asking

0.03%

Average Days on Market

97

Average Home Size

1850 ft²

Average Home Age

35.9 years

Currently For Sale

55 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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STELLAR

Listed by: Daniel Jackson
MDM NAPLES REAL ESTATE LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4544457
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 4478 Burmuda Drive built and last sold?
The property at 4478 Burmuda Drive was built in and last sold on Feb 20, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 4478 Burmuda Drive is $0.
What are some comparable homes to 4478 Burmuda Drive?
There are currently no comparable homes to 4478 Burmuda Drive.
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