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Citrus Springs 34434
8516 N ESCOBAR ROAD
$8,500
● Land - Off Market

8516 N ESCOBAR ROAD

DUNNELLON, FL 34434
bedrooms
Studio
bathrooms
0 Bath
$77
Est. Monthly
206.29%
Cap Rate

About This Property

Discover this exceptional homesite located in the fastest-growing city in Florida. This parcel provides a strong foundation for future residential construction, offering versatility for builders, investors, and homebuyers alike. With continued suburban expansion and rising demand in the area, this property represents a prime opportunity to invest in long-term growth and development.
Unit Size
-
Days on Market
32 days
Land Size
0.38 acres
Price per sqft
-
Property Type
Land
Property Taxes
$12
HOA Dues
-
Year Built
-

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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: 7 months ago (Stellar MLS #TB8488545)

Price History

Date / Event Date Event Price
Apr 20, 2026 Sold
Premium
Sold
Mar 24, 2026 In contract -
In contract
Mar 19, 2026 Listed by A-WARD WINNING REALTY LLC $12,999
Listed by A-WARD WINNING REALTY LLC
Sep 20, 2004 Sold
Premium
Sold
Jul 19, 2004 Sold
Premium
Sold

Property Highlights

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
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 16,549
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,050
  • 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: CITRUS SPRINGS UNIT 17
  • Land Acres: 0000000380
  • Standard Land Use Code: 8001
  • County Land Use Code: 0008
  • Legal Description 1: CITRUS SPGS UNIT 17 PB 7 PG 1 LOT 19 BLK 1222

Neighborhood

  • School District Name: Citrus County School District
  • School Tax School District: 00CS
  • Census Tract: 450310

Zoning

  • Zoning: PDR

Geography

  • Account Number: 1411858
  • Parcel: 18E-17S-10-0170-12220-0190
  • Block: 1222
  • Lot: 19
  • Meridian: SEC 20 TWN 17S RNG 19E
  • Municipality: CITRUS SPRINGS
  • Latitude: 28.9885
  • Longitude: -82.4096

    Address

  • Full Address: 8516 N Escobar Rd
  • Legal Unit: 17
  • Address - House Number: 8516
  • Street Direction: N
  • Address - Street Name: Escobar
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Citrus Springs
  • Zip Code: 34434

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,770
  • Tax Rate Code Area: 00CS

    Market Valuation

  • Market Total Value: $8,080
  • Market Land Value: $8,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,080
  • Assessed Land Value: $8,080

    Sales

  • Current Sale Contract Date: Aug 23, 2004
  • Current Sale Recording Date: Sep 20, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004067072
  • Previous Sale Recording Date: Jul 19, 2004
  • Previous Sale Contract Date: Jul 15, 2004
  • Previous Sale Amount: $8,000
  • 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 Citrus Springs

Stats & Trends

Median Asking:

$270,000

Sale Price/ft²

$167

Below Asking

0.02%

Average Days on Market

83

Average Home Size

1713 ft²

Average Home Age

7.1 years

Currently For Sale

302 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

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STELLAR

Listed by: William Ward
A-WARD WINNING REALTY LLC
Last Updated: 7 months ago
Data Source: Stellar MLS, MLS# TB8488545
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 8516 North Escobar Road built and last sold?
The property at 8516 North Escobar Road was built in and last sold on Aug 23, 2004 for $37,800.
How much is this home worth?
The estimated value of the home located at 8516 North Escobar Road is $13,129.
What are some comparable homes to 8516 North Escobar Road?
There are currently no comparable homes to 8516 North Escobar Road.
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