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    Florida Getaway Near Suwannee River Title is generated by Realmo AI

    20 SE 306th Ave, Old Town, FL 32680

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    Claim this Listing
    For Sale
    $183,000

    LAND - Old Town, FL

    Lot size:
    0.32 Acres
    Added:
    May 24, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 1 at 1:06 am

    Property Features for 20 SE 306th Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Fenced
    Standard status
    Active
    APN
    11-11-13-6674-0002-0730
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    11 11 13 LOTS 73 & 74 PINE LANDINGUNREC S/D DESC AS: BG SW CR OFSE1/4 OF SW1/4 RN E ALG S 40 LN 340FT TO POB CONTINUE E ON S 40 LN 120FT RN N 92.2 FT W 120 FT S 92.2 FTTO POB OR BK 63 PG 623 & ORB 191 P346 ORB 369 P 223 ORB 576 P 739
    Tax Annual Amount
    120

    Utilities

    Utilities
    Propane
    Water source
    Well

    We can help!

    Listing Contact
    Lianne LeBlanc

    Listing agent Lianne LeBlanc License #3553009

    Listing office Suwannee Realty (Suwannee) PO 247, Suwannee, FL

    Listing date May 24, 2026

    MLS# 799285 Listing URL

    Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Direct access to the Suwannee River via community boat ramp, just one block away.
    • Includes a 2016 Columbus Palomino 320RS 5th wheel RV with a transferable RV exemption permit.
    • Fully fenced .317‑acre lot with three gates for enhanced privacy.
    • Fully furnished with high‑end upgrades, including solid wood cabinets, Corian countertops, and leather power recliners.
    • Equipped with modern conveniences: electric fireplace, two TVs, central vacuum, fiber internet, and washer/dryer connections.
    • Established septic system, electric utilities, and new house batteries (installed May 2026).

    Overview

    Located in the Old Pine Landing neighborhood of Old Town, Florida, this property offers a peaceful retreat. The .317-acre lot is fully fenced with three gates, ensuring privacy. It includes a 2016 Columbus Palomino 320RS 5th wheel RV, along with a transferable RV exemption permit. The property is located one block from the Suwannee River, with the community boat ramp at the end of the road, providing easy river access. The fully furnished RV features solid wood cabinets, Corian countertops, and built-in wine and spice racks in the kitchen. Storage is maximized throughout, including under-bed storage beneath the queen bed. The living area includes a leather couch and two matching leather power recliners with adjustable headrests. Modern conveniences include an electric fireplace, two TVs, a central vacuum system, fiber internet, a digital antenna, and a built-in clothes hamper. Washer and dryer connections are in place. The one-bedroom setup is serviced by a septic system and electric utilities, with two new house batteries installed in May 2026.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Old Town
    County
    Dixie
    State
    Florida
    Longitude
    -82.983356
    Latitude
    29.532484

    Nearby Similar for Sale

    • $850,000
      1,740 SF

      Highway Frontage Commercial Property

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      25878 SE Hwy 19, Old Town, FL 32680
      View Details
    • $1,500,000

      Turnkey Auto Collision Facility

      Fully operational auto body shop on 5 acres in Florida.
      23306 SE Hwy 19, Old Town, FL 32680
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    • Contact for pricing

      Suwannee River RV Park Gem

      Waterfront RV park with expansion potential near Suwannee River.
      28872 SE Hwy 19, Old Town, FL 32680
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - Well-maintained lot with RV near Suwannee River.
    Where is this mobile home & rv park located?
    The property is located at 20 SE 306th Ave Old Town, FL.
    What is the asking price?
    The asking price for this property is $183,000.
    What are key features of this property?
    This property features: Direct access to the Suwannee River via community boat ramp, just one block away.; Includes a 2016 Columbus Palomino 320RS 5th wheel RV with a transferable RV exemption permit.; Fully fenced .317‑acre lot with three gates for enhanced privacy.
    (352) 614-2124
    We can help!
    Listing Contact
    Lianne LeBlanc
    Real Estate License ID: 3553009
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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
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