$70,000
●
Land -
Off Market
7461 Excitement DRIVE
REUNION, FL 34747
Studio
0 Bath
$91,940
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Excellent interior Lot#88 located in Liberty Bluff between newly
built custom homes within the Master Plan community of Reunion a
gated 24-hour man guarded community which is known for its World
Class Resort Amenities and lifestyle. This lot is being offred at a
fraction of the price compared to 2006 which sold for $285K.
Reunion is 2300 acre luxury gated 3 golf course resort community
with first class amenities. Hold on as an investment or build your
vacation dream home and place in the short-term rental pool
program. Play in the community pools, Multi-Million Dollar
waterpark, World Class tennis facilities & 6 onsite restaurants.
Just 5 miles from the back gates of Disney World and the
newly built Margaritaville Resort.
Unit Size
-
Days on Market
166 days
Land Size
0.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$263
HOA Dues
$105
Year Built
-
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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 #O5966933)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2024 | Relisted | $145,000 | |
| Relisted | |||
| Sep 30, 2024 | No longer available | - | |
| No longer available | |||
| Aug 28, 2024 | Price Decreased |
$145,000
↓ $30K
(17.1%) | |
| Price Decreased | |||
| May 8, 2024 | Price Decreased |
$175,000
↓ $50K
(22.2%) | |
| Price Decreased | |||
| Apr 4, 2024 | Listed | $225,000 | |
| Listed | |||
| | |||
|
Build your dream home in Reunion Resort. This Golf Course View lot is being sold separately or along with O6192679 (Home) & O6192686 (Lot). Interested in all 3? You could easily build a truly magnificent compound and enjoy the Florida lifestyle! Excellent Interior Lot,#88, located in the Liberty Bluff neighborhood. Reunion Resort is a 2,300 acre Resort and Golf Community with three championship signature golf courses, a multimillion dollar waterpark located just a few 6 miles from Disney and other local attractions including Sunset Walk at Margaritaville and a quick 20 minutes to the Orlando International Airport. Easy access to major highways to take you in all directions. Lets talk soon.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Citrus Ridge
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Listed by: Melissa Rodriguez
LEGACY PLUS REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5966933
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.
LEGACY PLUS REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5966933
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