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About This Property
Looking to buy buildable land in Florida for under $20,000, this is your chance!
Located in the desirable Ormond Beach / Daytona Beach area known for beautiful beaches, great entertainment, and strong lifestyle appeal.
Build your new home or place a manufactured home.
Buildable area is 0.06 acres (2,613 square feet).
Survey available.
Affordable land investment in a growing market.
Perfect for someone ready to create their ideal living space or invest in Florida real estate at an entry-level price point!
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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 |
|---|---|---|---|
| Mar 17, 2026 | Price Decreased |
$16,000
↓ $2K
(11.1%) | |
| Price Decreased | |||
| Feb 20, 2026 | Listed by EXP REALTY LLC | $18,000 | |
| Listed by EXP REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017