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Pace 32571
4809 Hawkins Drive
$65,000
● Land - Off Market

4809 Hawkins Drive

Pace, FL 32571
bedrooms
Studio
bathrooms
0 Bath
$340
Est. Monthly
19.94%
Cap Rate

About This Property

Discover your own slice of paradise in Pace! This pristine 0.32-acre lot, nestled on a private street, is the perfect spot to build your future home. Picture yourself listening to the birds sing and the wind gently rustling through the trees, all within this serene and relaxing neighborhood. Conveniently located just minutes from Home Depot, Target, Wal-Mart, Publix, Lowe's, a movie theater, and an array of new restaurants, you'll have everything you need within easy reach. The lot is secured with a chain-link fence and gate, providing both privacy and peace of mind. Don't miss out on this opportunity to experience the best of nature and modern convenience in Pace.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$20
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

Purchase Price
Monthly Property Taxes
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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 (ECARMLSFL #951346)

Price History

Date / Event Date Event Price
Feb 23, 2023 Sold
Premium
Sold
Jan 6, 2023 No longer available -
No longer available
Nov 15, 2022 Listed by ERA American Real Estate $42,000
Listed by ERA American Real Estate

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,983
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,000
  • 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: NORTH PACE HEIGHTS
  • Land Acres: 0000000321
  • Standard Land Use Code: 8002
  • County Land Use Code: 000070
  • State Land Use Code: 01
  • Legal Description 1: NORTH PACE HEIGHTS LOT 22 AS DES IN OR 4369 PG 527 LESS 1/2 MIN RIGHTS

Neighborhood

  • School District Name: Santa Rosa County School District
  • Census Tract: 010301

Zoning

  • Zoning: R1M

Geography

  • Assessors Map Reference: MAP 74 PG 78D
  • Parcel: 10-1N-29-2770-00000-0220
  • Lot: 22
  • Meridian: SEC 10 TWN 1N RNG 29W
  • Municipality: PACE
  • Latitude: 30.6118
  • Longitude: -87.1479

    Address

  • Full Address: 4809 Hawkins Dr
  • Address - House Number: 4809
  • Address - Street Name: Hawkins
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Milton
  • Zip Code: 32571

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,192
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 0022

    Market Valuation

  • Market Total Value: $27,001
  • Market Land Value: $27,000
  • Market Improvement Value: $1

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,001
  • Assessed Land Value: $27,000
  • Assessed Improvements Value: $1

    Sales

  • Current Sale Contract Date: Feb 22, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7503
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 Pace

Stats & Trends

Median Asking:

$296,950

Sale Price/ft²

$167

Below Asking

0.02%

Average Days on Market

67

Average Home Size

2111 ft²

Average Home Age

21.3 years

Currently For Sale

7 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

Rentals Near You

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View Original Listing by ERA American Real Estate (850) 651-2454
LSFL-951346 Copyright © 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Listing Status: Active

Frequently Asked Questions

When was property at 4809 Hawkins Drive built and last sold?
The property at 4809 Hawkins Drive was built in and last sold on Feb 22, 2023 for $40,500.
How much is this home worth?
The estimated value of the home located at 4809 Hawkins Drive is $65,650.
What are some comparable homes to 4809 Hawkins Drive?
There are currently no comparable homes to 4809 Hawkins Drive.
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