10
Map
805 1ST AVENUE SE
About This Property
Price Improvement – Now Only $129,000
Prime 0.3-Acre Mixed-Use Lot in the Heart of Steinhatchee
Welcome to your next big opportunity in one of Florida's most charming fishing villages. This high-and-dry 0.3-acre lot sits front-and-center on SE 1st Avenue - the busiest road in Steinhatchee - just steps from Maddie's Market and minutes from the Gulf. Whether you're envisioning a thriving storefront, a cozy vacation retreat, or a revenue-generating rental, this Mixed-Use zoned parcel gives you the freedom to make it happen.
Why This Lot Stands Out:
** NEW PRICE – Slashed from $189,000 to $151,200 for fast sale
** High-visibility location in the heart of town with constant foot and vehicle traffic
** MU Zoning – Flexible options for commercial, residential, or mixed-purpose builds
** High & dry – elevated site means peace of mind during storm season
** Utilities nearby – electric and phone at lot line; municipal connections available
** Walkable to dining, shops, and the Steinhatchee River
** Short drive to the Gulf of Mexico for boating, fishing, and scalloping
** Steinhatchee is rebuilding stronger than ever - and smart investors are locking in property now. This 0.3-acre Mixed-Use lot sits on the busiest road in town, next to Maddie's Market, just minutes from the Gulf. Zoned for commercial, residential, or both, with utilities nearby and an elevated, high-and-dry position. Priced to move at $151,200 - down from $189K. Perfect for a storefront, vacation rental, or live/work build in a growing Gulf Coast destination. Act now while the market is still heating up.
Bring your plans, your builder, and your vision - opportunities like this don't linger. Call today to secure it before it's gone.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2025 | Price Decreased |
$129,000
↓ $22K
(14.7%) | |
| Price Decreased | |||
| Aug 10, 2025 | Price Decreased |
$151,200
↓ $38K
(20%) | |
| Price Decreased | |||
| Aug 26, 2024 | Listed by LPT REALTY, LLC | $189,000 | |
| Listed by LPT REALTY, LLC | |||
| Mar 28, 2024 | No longer available | - | |
| No longer available | |||
| Feb 1, 2024 | Price Decreased |
$149,000
↓ $30K
(16.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017