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Polk 33860
5346 WOOD ROAD
$275,000
● House - Off Market

5346 WOOD ROAD

LITHIA, FL 33547
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$1,515
Est. Monthly
8.06%
Cap Rate

About This Property

**GREAT INVESTMENT OPPORTUNITY** located in Lithia!  2.48 acres!  Bring your toys!  No HOA or CDD.  Entire property is fenced!  NEW A/C Dec. 2024, Septic pumped and inspected Feb. 2025, NEW well pump and bladder 2024.  Water softener owned!  Pole barn and 2 sheds.  Enjoy fruit trees?  Peach trees, plum trees and blackberry bushes!  Plenty of room to spread out and enjoy the scenery in this one of a kind opportunity!
Unit Size
1,440 Ft²
Days on Market
42 days
Land Size
2.48 acres
Price per sqft
$201
Property Type
House
Property Taxes
$91
HOA Dues
-
Year Built
1998

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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 (Stellar MLS #O6286678)

Price History

Date / Event Date Event Price
Apr 15, 2025 Sold
Premium
Sold
Mar 4, 2025 Listed by RE/MAX ASSURED $289,990
Listed by RE/MAX ASSURED
Jul 1, 2015 Sold
Premium
Sold
Jul 25, 2014 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • 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
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 36
  • Pool Type: 0
  • Location Influence Type: 172

    Dimensions

  • Lot Size Square Feet: 108,085
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALAMEDA HEIGHTS
  • Land Acres: 0000002481
  • Standard Land Use Code: 1006
  • County Land Use Code: 0201
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: W 141.5 FT OF E 283.16 FT OF S 780.33 FT OF E1/4 OF SW1/4 OF SW1/4

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 014802

Zoning

  • Zoning: RC

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 000000
  • Parcel: 23-30-07-000000-044130
  • Meridian: SEC 07 TWN 30S RNG 23E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 27.8805
  • Longitude: -82.0517

    Address

  • Full Address: 5346 Wood Rd
  • Address - House Number: 5346
  • Address - Street Name: Wood
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lithia
  • Carrier Code: R002
  • 4-Digit Zip Code: 5104
  • Zip Code: 33547

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $89,877
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.209
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 221,695
  • High Value: 268,041
  • Low Value: 175,348

    Market Valuation

  • Market Total Value: $147,285
  • Market Land Value: $8,188
  • Market Improvement Value: $139,097

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,563

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2015
  • Current Sale Recording Date: Jul 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015119620
  • Previous Sale Recording Date: Jul 25, 2014
  • Previous Sale Contract Date: Jul 22, 2014
  • Previous Sale Amount: $24,000
  • 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 Polk

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$180

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1946 ft²

Average Home Age

22.7 years

Currently For Sale

7063 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: William Grim, III
RE/MAX ASSURED
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# O6286678
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 5346 Wood Road built and last sold?
The property at 5346 Wood Road was built in 1998 and last sold on Jun 29, 2015 for $76,500.
How much is this home worth?
The estimated value of the home located at 5346 Wood Road is $291,944.
What are some comparable homes to 5346 Wood Road?
There are currently no comparable homes to 5346 Wood Road.
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