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Palm Coast 32164 Lehigh Woods
54 Richmond DRIVE
$59,500
● Land - Off Market

54 Richmond DRIVE

PALM COAST, FL 32164
bedrooms
Studio
bathrooms
0 Bath
$69,346
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Ready to move to Paradise??  This lot is located on a quiet street in Lehigh Woods.  Build now or later, no HOA, just peace and quiet after you have enjoyed all that Palm Coast has to offer.  Nestled right in between St Augustine to the North and Daytona Beach to the South, Palm Coast offers miles of gorgeous QUIET beaches.  Enjoy beach time without all of the crowds the larger cities draw in.  Residents of Palm Coast enjoy quiet walks on the beach, miles of walking/biking trails, tennis/pickle ball facility, a brand new Community Center with events and activities year round, and the convenience of a short drive to any of Central Florida's great attractions.  Secure your place in our wonderful community today!
Unit Size
-
Days on Market
45 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$22
HOA Dues
-
Year Built
-

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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 #FC268548)

Price History

Date / Event Date Event Price
Nov 29, 2023 Sold
Premium
Sold
Sep 20, 2023 In contract -
In contract
Jul 15, 2023 Listed by Better Homes & Gardens RE Synergy $449,900
Listed by Better Homes & Gardens RE Synergy
Aug 2, 2021 Sold
Premium
Sold
Jun 14, 2021 Listed by Better Homes & Gardens RE Synergy $60,000
Listed by Better Homes & Gardens RE Synergy
Show More

Property Highlights

Garage

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 31 BLOCK 00042 LOT 0002 SUBDIVISION COMPLETION YEAR 1981 OR 439 PG 1677 OR 1950/777-BAEZ TRUST

Neighborhood

  • School District Name: Flagler County School District
  • Census Tract: 060214

Geography

  • Section: 31
  • Parcel: 07-11-31-7031-00420-0020
  • Block: 42
  • Lot: 2
  • Meridian: SEC 07 TWN 11S RNG 31E
  • Municipality: CITY OF PALM COAST
  • Latitude: 29.5062
  • Longitude: -81.246

    Address

  • Full Address: 54 Richmond Dr
  • Address - House Number: 54
  • Address - Street Name: Richmond
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R052
  • 4-Digit Zip Code: 6557
  • Zip Code: 32164

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $84,679
  • Tax Rate Code Area: 061

    Market Valuation

  • Market Total Value: $44,500
  • Market Land Value: $44,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,500
  • Assessed Land Value: $44,500

    Sales

  • Current Sale Contract Date: Nov 15, 2023
  • Current Sale Recording Date: Nov 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 51458
  • Previous Sale Recording Date: Aug 02, 2021
  • Previous Sale Contract Date: Jul 29, 2021
  • Previous Sale Amount: $59,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Lehigh Woods

Stats & Trends

Median Asking:

$329,990

Sale Price/ft²

$184

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1932 ft²

Average Home Age

9.8 years

Currently For Sale

119 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

$1,295 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
47 Eton Lane #A, PALM COAST, FL, 32164 Listing by Jill Fitzgerald
Unit for rent at 25 Ryarbor Drive, PALM COAST, FL, 32164

$1,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,262 ft²
25 Ryarbor Drive #A, PALM COAST, FL, 32164 Listing by Alexis Kisch

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Jennifer Mock
Better Homes & Gardens RE Synergy
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC268548
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 54 Richmond Drive built and last sold?
The property at 54 Richmond Drive was built in and last sold on Nov 15, 2023 for $449,900.
How much is this home worth?
The estimated value of the home located at 54 Richmond Drive is $455,412.
What are some comparable homes to 54 Richmond Drive?
There are currently no comparable homes to 54 Richmond Drive.
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