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Osceola 33896
7090 Forehand ROAD
$485,000
● Land - Off Market

7090 Forehand ROAD

DAVENPORT, FL 33896
bedrooms
Studio
bathrooms
0 Bath
$535,414
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Located in the popular and expanding Champions Gate/Reunion area, this lot is prime for redevelopment. Area properties are also for sale and can be combined to create a residential development with potential frontage on Highway 532 (Osceola Polk Line Road) and/or off of Forehand Road. Easy access to 429, I-4, 192, 17-92 and the new SunRail station.
Unit Size
-
Days on Market
-
Land Size
4.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
$139
HOA Dues
-
Year Built
2003

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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 #S5028841)

Price History

Date / Event Date Event Price
Feb 4, 2022 Sold
Premium
Sold
Jul 13, 1998 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 14
  • Construction Type: 6
  • Building Style: 25
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 213,879
  • Total Building Area: 1,702
  • Gross Building Area: 1,702
  • Building Area: 1,702
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,702
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALEMAN ACRES
  • Land Acres: 0000004910
  • Standard Land Use Code: 1006
  • County Land Use Code: 0211
  • State Land Use Code: 0211
  • Mobile Home Indicator: T
  • Legal Description 1: ALEMAN ACRES PB 2 PG 45 BLK B BEG 660 W OF NE COR LOT 1, W 604 FT TO W LINE FOREHAND RD, SWLY ALONG RD 122.69 FT, S 278.88 FT, E 662.18 FT, N 330 FT TO POB

Neighborhood

  • School District Name: Osceola County School District
  • Census Tract: 012506

Zoning

  • Zoning: OAC

Geography

  • Assessors Map Reference: 4A
  • Subdivision Tract Number: 2545
  • Parcel: 36-25-27-2545-000B-0014
  • Block: B
  • Lot: 1
  • Meridian: SEC 36 TWN 25S RNG 27E
  • Municipality: OSCEOLA COUNTY
  • Latitude: 28.2646
  • Longitude: -81.5694

    Address

  • Full Address: 7090 Forehand Rd
  • Address - House Number: 7090
  • Address - Street Name: Forehand
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Davenport
  • Zip Code: 33896

Valuation

    Tax

  • Total Area: 1,702
  • Tax Year: 2022
  • Tax Amount: $174,301
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1013
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 90
  • Final Value: 487,839
  • High Value: 537,279
  • Low Value: 438,399

    Market Valuation

  • Market Total Value: $321,600
  • Market Land Value: $265,100
  • Market Improvement Value: $56,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $123,619

    Sales

  • Current Sale Contract Date: Jan 31, 2022
  • Current Sale Recording Date: Feb 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19361
  • Previous Sale Recording Date: Jun 18, 2003
  • Previous Sale Contract Date: Feb 26, 1992
  • 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 Osceola

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$206

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2175 ft²

Average Home Age

15.4 years

Currently For Sale

6134 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 1019 Oak Bluff Drive, DAVENPORT, FL, 33837

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
1019 Oak Bluff Drive, DAVENPORT, FL, 33837 Listing by Edgard Rodriguez

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Tim Weisheyer
DREAM BUILDERS REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# S5028841
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 7090 Forehand Road built and last sold?
The property at 7090 Forehand Road was built in 2003 and last sold on Jan 31, 2022 for $485,000.
How much is this home worth?
The estimated value of the home located at 7090 Forehand Road is $0.
What are some comparable homes to 7090 Forehand Road?
There are currently no comparable homes to 7090 Forehand Road.
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