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Crescent City 32112
503 LEMON Avenue
$79,986
● Commercial - Off Market

503 LEMON Avenue

Crescent City, FL 32112
bedrooms
Studio
bathrooms
0 Bath
square feet
1,568 Ft²
$393
Est. Monthly

About This Property

1955 Bungalow zoned commercial.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$51
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #911782)

Price History

Date / Event Date Event Price
Jan 8, 2019 Sold
Premium
Sold
Dec 5, 2017 Listed by COLDWELL BANKER BEN BATES INC $79,986
Listed by COLDWELL BANKER BEN BATES INC
Sep 2, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 858
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,620
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESCENT HILL ADD
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: MATHIS OF CRESCENT HILL MB2P51 BLK H W 85FT OF LOTS 7 & 9 BK216 P583

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951401

Geography

  • Account Number: 39482
  • Parcel: 30-12-28-5570-0080-0071
  • Block: 8
  • Lot: 7.1
  • Meridian: SEC 30 TWN 12S RNG 28E
  • Municipality: CRESCENT CITY
  • Latitude: 29.4251
  • Longitude: -81.5118

    Address

  • Full Address: 503 Lemon Ave
  • Address - House Number: 503
  • Address - Street Name: Lemon
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Crescent City
  • Carrier Code: C001
  • 4-Digit Zip Code: 2714
  • Zip Code: 32112

Valuation

    Tax

  • Total Area: 1,786
  • Tax Year: 2023
  • Tax Amount: $231,848
  • Tax Rate Code Area: 020

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 78,051
  • High Value: 114,225
  • Low Value: 41,876

    Market Valuation

  • Market Total Value: $113,730
  • Market Land Value: $18,360
  • Market Improvement Value: $95,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,730
  • Assessed Land Value: $18,360
  • Assessed Improvements Value: $95,370

    Sales

  • Current Sale Contract Date: Dec 31, 2018
  • Current Sale Recording Date: Jan 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201954000308
  • Previous Sale Recording Date: Sep 02, 2005
  • Previous Sale Contract Date: Aug 25, 2005
  • Previous Sale Amount: $85,000
  • 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 Crescent City

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$162

Below Asking

0.08%

Average Days on Market

117

Average Home Size

1633 ft²

Average Home Age

82.5 years

Currently For Sale

15 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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Real MLS

Listed by: CHARLES BAILEY, COLDWELL BANKER BEN BATES INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 911782
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 503 Lemon Avenue built and last sold?
The property at 503 Lemon Avenue was built in 1955 and last sold on Dec 31, 2018 for $67,500.
How much is this home worth?
The estimated value of the home located at 503 Lemon Avenue is $0.
What are some comparable homes to 503 Lemon Avenue?
There are currently no comparable homes to 503 Lemon Avenue.
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