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

    879 St Steinhatchee, FL 32359

    Sponsored
    For Sale
    $85,000

    Lots & Acreage - Steinhatchee, FL

    Lot size:
    0.13 Acres
    Days on Market:
    4
    Last Refresh:
    Feb 27 at 4:06 am

    Property Features for 879 St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    25-09-09-0041-0000-0570
    Parking features
    None
    Lot size
    0.13 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Brad Smith
    Brad Smith

    Smith & Lancaster Inc DBA United Country Smith & Associates (352) 463-7770

    Listing agent Brad Smith (352) 463-7770

    Listing date Feb 24, 2026

    MLS# 797674 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.

    Learn more

    Property Insight Report

    Overview

    Coastal Homesite in Steinhatchee, FL

    This vacant lot presents an opportunity to build a coastal home in Steinhatchee, a North Florida fishing and boating community. Public utilities are available, facilitating the building process. The property is located near the Steinhatchee River, providing access to inshore and offshore fishing. An HOA is in place with deed restrictions. The parcel can be split and sold separately, offering an opportunity for investors, builders, or those seeking a smaller homesite. A short drive leads to Steinhatchee, featuring marinas, waterfront dining, and shops. The area is known for its scalloping season and access to the Gulf for boating. Steinhatchee offers a coastal lifestyle with opportunities for kayaking and fishing. The property is a homesite near the water in a riverfront community, ideal for building a dream home. The lot size is 0.13 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Steinhatchee
    County
    Taylor
    State
    Florida
    Longitude
    -83.3311
    Latitude
    29.6015

    Nearby Similar for Sale

    • $199,000
      0.56 Acres

      RV Hookups in Steinhatchee

      Investment property with six RV hookups near Steinhatchee River.
      11 4Th Ave, Steinhatchee, FL 32359
      View Details
    • $300,000
      3.99 Acres

      Steinhatchee Land with RV Hookups

      Almost 4 acres in Steinhatchee with RV hookups.
      305 Sugarhill Rd, Steinhatchee, FL 32359
      View Details
    • $155,000
      0.30 Acres

      RV Ready Property in Steinhatchee

      Fenced property with RV, utilities, and outdoor kitchen.
      5466 SW Hwy 358 Ave, Steinhatchee, FL 32359
      View Details
    • New
      $185,000
      0.13 Acres

      Coastal Cottage in Steinhatchee, FL

      Charming coastal cottage perfect for short-term rental or cozy home.
      1517 SE Fenway Ave, Steinhatchee, FL 32359
      View Details
    • $300,000
      1,040 SF

      Prime Steinhatchee Office Space

      Affordable Commercial Property, High Traffic Area
      806 1St Ave, Steinhatchee, FL 32359
      View Details
    • $395,000
      1,676 SF

      Established Steinhatchee Restaurant & Property

      Turn-key cafe, high income potential, prime location.
      213 10Th St, Steinhatchee, FL 32359
      View Details
    • $795,000
      3,616 SF

      Executive Office Building, Steinhatchee FL

      Prime Executive Office Space, Steinhatchee Resort
      219 Highway 51, Steinhatchee, FL 32359
      View Details
    • $799,000
      10,670 SF

      Prime Steinhatchee Commercial Property

      Turn-key commercial space with apartment.
      105 15Th St, Steinhatchee, FL 32359
      View Details
    • $399,000
      1,050 SF

      Steinhatchee Retail Space: Prime Location

      1,050 SF Retail Building, $399,000
      1503 Rives Ave, Steinhatchee, FL 32359
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot near Steinhatchee River with utilities available.
    Where is this residential land & home lot located?
    The property is located at 879 St Steinhatchee, FL.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Prime location in Steinhatchee, a renowned fishing and boating community with easy access to the Steinhatchee River and the Gulf of Mexico.; - Public utilities are already available on the vacant lot, simplifying the building process.; - Flexibility to split the parcel and sell separately, appealing to investors or those seeking a smaller homesite.
    (352) 221-5256
    Request Owner's contact information
    879 St Steinhatchee, FL 32359
    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.
    879 St
    Steinhatchee, FL 32359
    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
    879 St Steinhatchee, FL 32359
    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

    We can help!
    Listing Contact
    Brad Smith
    Brad Smith
    Real Estate License ID: 550985
    (352) 221-5256 (352) 463-7770 (352) 221-5257
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!