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    The Largest CRE Database in the US with Over 1 Million Listings

    12881 E Big Buck Trl Floral City, FL 34436

    Sponsored
    For Sale
    $568,000

    MULTI_FAMILY - Other - Floral City, FL

    Property size:
    1,278 SF
    Lot size:
    3.88 Acres
    Days on Market:
    24
    Last Refresh:
    Feb 4 at 11:06 am

    Property Features for 12881 E Big Buck Trl

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    CLRMH
    APN
    2990210
    Parking features
    Driveway
    Size
    1,278 SF
    Lot size
    3.88 Acres

    Utilities

    Sewer type
    Septic Tank
    Cooling system
    Central Air
    Water source
    Well
    Water front features
    Canal Access, Waterfront
    Water front
    1

    Building Details

    Year built
    1973
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Laminate
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Catherine Bedford

    Sellstate Next Generation Realty (352) 387-2383

    Listing agent Catherine Bedford (352) 387-2383 License #3426361

    Listing date Jan 12, 2026

    MLS# 851044

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Waterfront Multi-Home Compound Opportunity

    This unique waterfront property in Floral City, Florida, presents a rare opportunity. It features three homes on three separate parcels, each equipped with its own well and septic system. Situated at the end of a canal on a dead-end road, the property offers a private setting adjacent to the Flying Eagle Preserve. The property has never flooded. Canal access via Jon boat or skiff leads to the Withlacoochee River and the Tsala Apopka Lake Chain. Multiple docks are in place for boat mooring and fishing, including four docks (two floating and two stationary), one of which has running water, plus an additional dock that could be rebuilt that has running water and power. A nearby public boat ramp provides additional river access. The homes, each with its own character, await renovation. Home number one is a mobile home with an addition, featuring three bedrooms, two baths, and a large bonus room. Home number two is a mobile home with two bedrooms and one and a half baths. Home number three is a two-bedroom, one-bath frame structure cottage. There is room for additional homes. In addition to the homes, the property includes three powered sheds for storage. The property, spanning 3.88 acres, is suited for a family compound, fish camp, or potential short-term rentals. Mature trees offer shade and charm. Additional features include a firepit with swing seating and a chicken coop built around a mature tree. High-speed internet is available. Located approximately 30 minutes from Bushnell or Inverness, the property provides access to shopping, dining, and medical facilities, and is within two hours of Tampa or Orlando. The property size is 1,278 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Map

    City
    Floral City
    County
    Citrus
    State
    Florida
    Longitude
    -82.222401
    Latitude
    28.755162

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    FAQs

    What type of property is this?
    Multifamily property - Unique waterfront property with three homes, ideal for various uses.
    Where is this multifamily property located?
    The property is located at 12881 E Big Buck Trl Floral City, FL.
    What is the asking price?
    The asking price for this property is $568,000.
    What are key features of this property?
    This property features: - Rare waterfront property featuring three homes on three separate parcels, each with its own well and septic system.; - Private, secluded setting at the end of a canal, adjacent to the Flying Eagle Preserve.; - Direct canal access (by Jon boat or skiff) to the Withlacoochee River and Tsala Apopka Lake Chain, with multiple docks already in place.
    (352) 419-9511
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    12881 E Big Buck Trl Floral City, FL 34436
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12881 E Big Buck Trl Floral City, FL 34436
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    We can help!
    Listing Contact
    Catherine Bedford
    Real Estate License ID: 3426361
    (352) 419-9511
    Learn more
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