Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    503 Cedar St Steinhatchee, FL 32359

    View on Map
    Claim this Listing
    For Sale
    $189,000

    Lots & Acreage - Steinhatchee, FL

    Lot size:
    0.34 Acres
    Added:
    Feb 11, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 29 at 2:06 pm

    Property Features for 503 Cedar St

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    10314-140
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1173.4

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Henry Mitchell III

    Listing agent Henry Mitchell III

    Listing office Hatcher Realty Services, Inc. Cross City 738 NE Hwy 351, Cross City, FL

    Listing date Feb 11, 2026

    MLS# 795566 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.

    Overview

    Land with River Views

    This property consists of two lots and features river views. A pole barn is present on the land, accompanied by a large shed that has been converted into living quarters. This shed can serve as a temporary camp or residence while the existing pole barn is completed or a new home is constructed. The property is located in Steinhatchee, Florida. The lot size is 0.34 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Real Estate Agency Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Food Market Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Steinhatchee
    County
    Taylor
    State
    Florida
    Longitude
    -83.363019
    Latitude
    29.68073

    Nearby Similar for Sale

    • $899,000

      Riverside Drive Development Opportunity

      Prime Steinhatchee location with development potential and existing utilities.
      707 Riverside Dr, Steinhatchee, FL 32359
      View Details
    • $95,000

      Promising Lot Near Waterfront Development

      Land near waterfront development with utilities in Steinhatchee, Florida.
      430 Fourth St, Steinhatchee, FL 32359
      View Details
    • $144,900

      Versatile Property Near Steinhatchee Hotspots

      Unique property with rental potential near Steinhatchee's attractions.
      1014 First Ave, Steinhatchee, FL 32359
      View Details
    • $149,000

      RV Ready Lot in Steinhatchee

      Income-producing RV lot near Steinhatchee River, marinas, and restaurants.
      8 Fourth Ave, Steinhatchee, FL 32359
      View Details
    • $1,375,000

      Coastal Development Opportunity in Steinhatchee

      3.03 acre parcel near Steinhatchee River with development potential.
      327 Second Ave, Steinhatchee, FL 32359
      View Details
    • $75,000

      Prime Location Near Taylor County

      Located near boat ramp, river mouth, and upcoming waterfront subdivision.
      430 Fourth St, Steinhatchee, FL 32359
      View Details
    • $75,000

      Prime Lot in Steinhatchee, FL

      Acreage in the heart of Steinhatchee's growth, near waterfront.
      319 Stephens St, Steinhatchee, FL 32359
      View Details
    • $475,000

      Waterfront Lot in Gulf Breeze

      Build your dream coastal home with river frontage.
      Second Ave, Steinhatchee, FL 32359
      View Details
    • $475,000

      Waterfront Lot in Gulf Breeze

      Build your dream coastal home in Steinhatchee's Gulf Breeze.
      Second Ave, Steinhatchee, FL 32359
      View Details
    • $75,000

      Prime Location Near Taylor County

      Located near boat ramp, river mouth, and county park.
      430 Fourth St, Steinhatchee, FL 32359
      View Details
    • $300,000

      Steinhatchee Land with RV Hookups

      Almost 4 acres in Steinhatchee with RV hookups.
      305 Sugar Hill Rd, Steinhatchee, FL 32359
      View Details
    • $225,000

      Two-Acre Property in Steinhatchee, FL

      Two-acre property with workshop, well, and city utilities access.
      6 Thirteenth St, Steinhatchee, FL 32359
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - High and dry property with existing living quarters and river views.
    Where is this residential land & home lot located?
    The property is located at 503 Cedar St Steinhatchee, FL.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: High and dry property; Enjoy the river views; Pole barn on 2 lots
    (352) 498-5151
    We can help!
    Listing Contact
    Henry Mitchell III
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!