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Palm Coast 32164 Pine Grove - Belle Terre
51 Pony Express DRIVE
$60,000
● Land - Off Market

51 Pony Express DRIVE

PALM COAST, FL 32164
bedrooms
Studio
bathrooms
0 Bath
$71,611
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

REDUCED!  Don't miss out this opportunity!  Well priced duplex lot with adjacent lot available on a FRESHWATER CANAL!  Build two duplexes side by side or two single family homes.  This property is located on a freshwater canal for extra privacy and nice views of the canal from the rear.  Nice quiet street with other duplexes and single family homes.  Located close to the Town Center in Palm Coast with plenty of shopping and restaurants.  Drive to Flagler Beach in under 15 minutes.  No time frame to build and choose our own builder.  $1300 paid towards sewer and water. Good soil test on file.  Call for more details!; Paid Sewer:1300;
Unit Size
-
Days on Market
124 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$27
HOA Dues
-
Year Built
-

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: 3 years ago (Stellar MLS #FC270365)

Price History

Date / Event Date Event Price
Jun 14, 2023 Sold
Premium
Sold
May 4, 2022 Sold
Premium
Sold
Dec 28, 2021 Sold
Premium
Sold
Aug 18, 2021 Listed by COLDWELL BANKER REALTY $65,000
Listed by COLDWELL BANKER REALTY
Dec 2, 2020 Sold
Premium
Sold
Show More

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: 10,019
  • 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: PALM COAST
  • Land Acres: 0000000230
  • Standard Land Use Code: 8000
  • County Land Use Code: 00000
  • State Land Use Code: 0000
  • Legal Description 1: PALM COAST SECTION 28 BLOCK 00009 LOT 0019 SUBDIVISION COMPLETION YEAR 1980 OR 172 PG 155 OR 2501/687-DC

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060213

Geography

  • Section: 28
  • Parcel: 07-11-31-7028-00090-0190
  • Block: 9
  • Lot: 19
  • Meridian: SEC 07 TWN 11S RNG 31E
  • Municipality: CITY OF PALM COAST
  • Latitude: 29.5099
  • Longitude: -81.2119

    Address

  • Full Address: 51 Pony Express Dr
  • Address - House Number: 51
  • Address - Street Name: Pony Express
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R042
  • 4-Digit Zip Code: 6747
  • Zip Code: 32164

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $98,951
  • Tax Rate Code Area: 061

    Market Valuation

  • Market Total Value: $52,000
  • Market Land Value: $52,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,000
  • Assessed Land Value: $52,000

    Sales

  • Current Sale Contract Date: Jun 08, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 25391
  • Previous Sale Recording Date: May 04, 2022
  • Previous Sale Contract Date: Apr 26, 2022
  • Previous Sale Amount: $4,356,100
  • Previous Sale Document Type: 61
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 Pine Grove - Belle Terre

Stats & Trends

Median Asking:

$339,995

Sale Price/ft²

$186

Below Asking

0.03%

Average Days on Market

91

Average Home Size

1777 ft²

Average Home Age

9.5 years

Currently For Sale

131 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 47 Eton Lane, PALM COAST, FL, 32164

$1,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
47 Eton Lane #A, PALM COAST, FL, 32164 Listing by Jill Fitzgerald
Unit for rent at 5 Pontiac Lane, PALM COAST, FL, 32164

$1,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,306 ft²
5 Pontiac Lane #B, PALM COAST, FL, 32164 Listing by Alexis Kisch

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: LYNETTE DAVIS
COLDWELL BANKER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC270365
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 51 Pony Express Drive built and last sold?
The property at 51 Pony Express Drive was built in and last sold on Jun 8, 2023 for $494,600.
How much is this home worth?
The estimated value of the home located at 51 Pony Express Drive is $0.
What are some comparable homes to 51 Pony Express Drive?
There are currently no comparable homes to 51 Pony Express Drive.
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