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Highlands 33852
721 MORNINGSIDE DRIVE
Photo of 721 MORNINGSIDE DRIVE

1

Map

$17,000
● Land - For Sale

721 MORNINGSIDE DRIVE

LAKE PLACID, FL 33852
bedrooms
Studio
bathrooms
0 Bath
$88
Est. Monthly

About This Property

GREAT TIME TO BUY TO BUILD OR INVEST! THIS LOT WILL NOT LAST LONG. HURRY UP AND BUY BEFORE THE PRICES GO UP AGAIN! OWNER FINANCING AVAILABLE.
Unit Size
-
Days on Market
1914 days
Land Size
0.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4
HOA Dues
-
Year Built
-

Listed By

Frank Falbo
[email protected]
PLATINUM HOMES AND LAND REALTY

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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 #OM624253)

Price History

Date / Event Date Event Price
Jul 23, 2021 Listed by PLATINUM HOMES AND LAND REALTY $17,000
Listed by PLATINUM HOMES AND LAND REALTY
Apr 10, 2008 Sold
Premium
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 20145
Lot Size Units: Square Feet
Lot Size Acres: 0.46
Lot Size Square Feet: 20145
Lot Size Dimensions: 160 x 156 x 172 x 57
Tax Lot: 13
Water Source: None
Financial Details
Tax Annual Amount: $47
Utilities Details
Sewer : None

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: 20,141
  • 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: SUNN LAKES EST
  • Land Acres: 0000000462
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: SUNN LAKES EST SEC 17 PB 8-PG 86 LOT 13 BLK 182

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961604

Zoning

  • Zoning: R1

Geography

  • Parcel: C-22-37-30-170-1820-0130
  • Block: 182
  • Lot: 13
  • Meridian: SEC 22 TWN 37S RNG 30E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.2534
  • Longitude: -81.3028

    Address

  • Full Address: 721 Morningside Dr
  • Address - House Number: 721
  • Address - Street Name: Morningside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lake Placid
  • Zip Code: 33852

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,234
  • Tax Rate Code Area: 40

    Market Valuation

  • Market Total Value: $3,000
  • Market Land Value: $3,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,000
  • Assessed Land Value: $3,000

    Sales

  • Current Sale Contract Date: Apr 04, 2008
  • Current Sale Recording Date: Apr 10, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1499360
  • Previous Sale Recording Date: Sep 06, 2005
  • Previous Sale Contract Date: Jun 24, 2005
  • 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 Highlands

Stats & Trends

Median Asking:

$284,990

Sale Price/ft²

$183

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1748 ft²

Average Home Age

25.6 years

Currently For Sale

379 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

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Frank Falbo
PLATINUM HOMES AND LAND REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OM624253
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 721 Morningside Drive built and last sold?
The property at 721 Morningside Drive was built in and last sold on Apr 4, 2008 for $4,000.
How much is this home worth?
The estimated value of the home located at 721 Morningside Drive is $17,170.
What are some comparable homes to 721 Morningside Drive?
There are currently no comparable homes to 721 Morningside Drive.
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