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Palm Coast 32164 Pine Grove - Belle Terre
57 Pittman DRIVE
$61,000
● Land - Off Market

57 Pittman DRIVE

PALM COAST, FL 32164
bedrooms
Studio
bathrooms
0 Bath
$326
Est. Monthly
23.68%
Cap Rate

About This Property

Purchase this lovely homesite in Palm Coast now and build your dream home when you are ready. The lot is located close to shopping, schools, restaurants, medical facilities, walking and bike paths, which makes it very desirable. Palm Coast is centrally located 1 1//2 away from Orlando airport and Disney theme parks. Jacksonville, home of Mayo clinic and an airport, is located one hour away. The Nation's oldest city, St. Augustine is located half an hour away and so is Daytona, home of Bike week and the international speedway. Flagler Beach is 15 minutes away
Unit Size
-
Days on Market
36 days
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$36
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 #FC301423)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Premium
Sold
Jun 21, 2024 In contract -
In contract
Jun 21, 2024 Relisted $59,000
Relisted
Jun 11, 2024 Price Increased $59,000
↑ $4K (7.3%)
Price Increased
Jun 11, 2024 In contract -
In contract
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: 11,064
  • 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: 0000000254
  • Standard Land Use Code: 8000
  • County Land Use Code: 00000
  • State Land Use Code: 0000
  • Legal Description 1: PALM COAST SEC 26 BL 71 LT 20 OR 190 PG 293 OR 577 PG 247 OR 578 PG 277-CD OR 1093 PG 1523 OR 1309 PG 1825 OR 1345 PG 403 -CD

Neighborhood

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

Geography

  • Section: 26
  • Parcel: 07-11-31-7026-00710-0200
  • Block: 71
  • Lot: 20
  • Meridian: SEC 07 TWN 11S RNG 31E
  • Municipality: CITY OF PALM COAST
  • Latitude: 29.5131
  • Longitude: -81.2146

    Address

  • Full Address: 57 Pittman Dr
  • Address - House Number: 57
  • Address - Street Name: Pittman
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm Coast
  • Carrier Code: R024
  • 4-Digit Zip Code: 4810
  • Zip Code: 32164

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $43,477
  • Tax Rate Code Area: 061

    Market Valuation

  • Market Total Value: $44,000
  • Market Land Value: $44,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,000
  • Assessed Land Value: $44,000

    Sales

  • Current Sale Contract Date: Aug 30, 2005
  • Current Sale Recording Date: Aug 30, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005052773
  • Previous Sale Recording Date: May 28, 2004
  • Previous Sale Contract Date: May 24, 2004
  • Previous Sale Amount: $80,000
  • 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 Pine Grove - Belle Terre

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$186

Below Asking

0.03%

Average Days on Market

91

Average Home Size

1759 ft²

Average Home Age

8.4 years

Currently For Sale

134 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: Janet Salam
COASTAL GATEWAY REAL ESTATE GROUP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC301423
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 57 Pittman Drive built and last sold?
The property at 57 Pittman Drive was built in and last sold on Aug 30, 2005 for $75,000.
How much is this home worth?
The estimated value of the home located at 57 Pittman Drive is $59,590.
What are some comparable homes to 57 Pittman Drive?
There are currently no comparable homes to 57 Pittman Drive.
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