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Nassau 32011
451055 OLD DIXIE Highway
$59,900
● Land - Off Market

451055 OLD DIXIE Highway

Callahan, FL 32011
bedrooms
Studio
bathrooms
0 Bath
$295
Est. Monthly

About This Property

This wonderful 3 acre lot is ready for you to build your dream home.  (Mobile homes also welcome).  Sit quietly in the privacy of your home and enjoy the sounds of nature.  Plant that garden, bring those horses!  Don't miss out on this great property at a great price.  (Lot has well, septic, and power pole conveyed but not guaranteed).
Unit Size
-
Days on Market
-
Land Size
3.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2005

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: 2 years ago (Real MLS #487386)

Price History

Date / Event Date Event Price
Oct 4, 2021 Sold
Premium
Sold
Apr 29, 2019 Sold
Premium
Sold
Mar 17, 2019 Listed by PALM III REALTY AND PROPERTY M $169,900
Listed by PALM III REALTY AND PROPERTY M
Jul 23, 2012 Sold
Premium
Sold
May 6, 2010 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • 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: 130,680
  • Total Building Area: 1,186
  • Gross Building Area: 1,186
  • Building Area: 1,186
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,186
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: IN OR 2501/1583

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050507

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: MAP 2D/13X
  • Parcel: 13-2N-24-0000-0002-0460
  • Block: 460
  • Lot: 2
  • Meridian: SEC 13 TWN 02N RNG 24E
  • Municipality: DRAIN DIST
  • Latitude: 30.5888
  • Longitude: -81.8609

    Address

  • Full Address: 451055 Old Dixie Hwy
  • Address - House Number: 451055
  • Address - Street Name: Old Dixie
  • Address - Suffix Type: Hwy
  • State: FL
  • City Name: Callahan
  • Carrier Code: R007
  • 4-Digit Zip Code: 6653
  • Zip Code: 32011

Valuation

    Tax

  • Total Area: 1,186
  • Tax Year: 2023
  • Tax Amount: $261,223
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 236,941
  • High Value: 283,752
  • Low Value: 190,131

    Market Valuation

  • Market Total Value: $182,414
  • Market Land Value: $54,000
  • Market Improvement Value: $128,414

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,414
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $128,414

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202145036831
  • Previous Sale Recording Date: Apr 29, 2019
  • Previous Sale Contract Date: Apr 24, 2019
  • Previous Sale Amount: $152,000
  • 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 Nassau

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$236

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2186 ft²

Average Home Age

16.7 years

Currently For Sale

486 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 542403 Us Highway 1, CALLAHAN, FL, 32011

$900 /mo

  • Studio
  • 1 Bath
  • 185 ft²
542403 Us Highway 1, CALLAHAN, FL, 32011 Listing by Daniel Colombo

Rentals Near You

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

Listed by: SHARON SILVA, PALM III REALTY AND PROPERTY M
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 487386
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 451055 Old Dixie Highway built and last sold?
The property at 451055 Old Dixie Highway was built in 2005 and last sold on Sep 22, 2021 for $195,700.
How much is this home worth?
The estimated value of the home located at 451055 Old Dixie Highway is $0.
What are some comparable homes to 451055 Old Dixie Highway?
There are currently no comparable homes to 451055 Old Dixie Highway.
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