$7,725
↓ $25 (0.3%)
●
Land -
For Sale
Lot 6 HARDING AVENUE
CHIPLEY, FL 32420
Studio
0 Bath
$39
Est. Monthly
About This Property
(1) OF (4) LOTS FOR SALE BY SAME SELLER IN THIS AREA.
AFFORDABLE, 0.23 AC. LOT. This is unimproved land,
zoned residential mixed use and inside the Sunny Hills Subdivision.
This lot is buildable, deed restricted w/NO HOA with
the ability to pull a building permit tied to the development of
the roads and infrastructure to support a home. ETA of future
development of this Unit #15 Section of Sunny Hills is unknown.
So, buy this land as an investment with low taxes or buy all
(4) lots and hold while the land improves in value. LAND IS
THE GOLD COIN YOU CAN'T LOSE AND THEY ARE NOT MAKING ANY MORE OF
IT.
Unit Size
-
Days on Market
563 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
HOA Dues
-
Year Built
-
Listed By
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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 #OM699606)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2025 | Price Decreased |
$7,725
↓ $25
(0.3%) | |
| Price Decreased | |||
| Jun 17, 2025 | Price Decreased |
$7,750
↓ $250
(3.1%) | |
| Price Decreased | |||
| Apr 16, 2025 | Listed by REDI REAL ESTATE, LLC | $8,000 | |
| Listed by REDI REAL ESTATE, LLC | |||
| Nov 13, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by World Impact Real Estate | $2,900 | |
| Listed by World Impact Real Estate | |||
   | |||
|
This property currently has no physical access. The roads are recorded with the county but were never cleared. This property is in the up-and-coming Sunny Hills subdivision. It is in area of the subdivision that has been relatively untouched to development recently. Sunny Hills is home to a golf course, Boat Lake Swim Park and a recreational park (see photos). Sunny Hills has seen recent growth overall with many builders currently building new homes in the area once again. There are also many lakes in the area. Taxes include a $31.91 MSBU annual assessment.
| |||
Property Highlights
Exterior Details
Building Area Units: Square Feet
Lot Features: Level, In County
Lot Size Area: 10062
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10062
Lot Size Dimensions: 80' x 125'
Tax Lot: 6
Water Source: None, Well Required
Financial Details
Tax Annual Amount: $4
Utilities Details
Sewer : None, Septic Needed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Sold On
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HOA + Taxes
About Alford
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Listed by: Joseph Gallagher
REDI REAL ESTATE, LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OM699606
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.
REDI REAL ESTATE, LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OM699606
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017