Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Yankeetown, Florida Title is generated by Realmo AI

    HWY 40, Yankeetown, FL 34498

    View on Map
    Claim this Listing
    For Sale
    $35,000

    LAND - Yankeetown, FL

    Lot size:
    0.52 Acres
    Added:
    Aug 24, 2025
    Days on Market:
    284
    Last Refresh:
    Jun 3 at 3:06 pm

    Property Features for HWY 40

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Standard status
    Active
    APN
    0807000000
    Lot size
    0.52 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    05-17-16 Yankeetown BLK 18 LOTS 31, 32, 33 or book. 1612 page 396
    Tax Annual Amount
    470

    Utilities

    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    M. Victoria I.P. Alonso

    Listing agent M. Victoria I.P. Alonso License #3529407

    Listing office Century 21 Nature Coast 835 NE Highway 19, Crystal River, FL

    Listing date Aug 24, 2025

    MLS# 847547 Listing URL

    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.

    HighLights

    • Three combined lots on Hwy 40 and 53rd St.
    • Walking distance to Riverside Dr. with live oak trees.
    • Walking distance to Blackwater Grill.
    • Less than 1/2 mile to Yankeetown boat ramp.
    • 3‑minute drive to Yankeetown Marina.
    • Public water source available.

    Overview

    This property features three lots situated along Highway 40 and 53rd Street in Yankeetown, Florida. The combined lot size is 0.52 acres. The location offers convenient access to nearby attractions, including a leisurely walk to the live oak-lined Riverside Drive. The Blackwater Grill is within walking distance, and the Yankeetown boat ramp is less than half a mile away. Additionally, the Yankeetown Marina is a short 3-minute drive from the property. According to the available information, these lots cannot be divided. The zoning is R1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Yankeetown
    County
    Levy
    State
    Florida
    Longitude
    -82.70568
    Latitude
    29.034846

    Nearby Similar for Sale

    • $625,000
      4,020 SF

      Yankeetown Commercial Property Package

      Commercial buildings and vacant lot in a prime Yankeetown location.
      6005 HIGHWAY 40 W, YANKEETOWN, FL 34498
      View Details
    • $625,000
      2,520 SF

      Highway Frontage Commercial Opportunity

      Prime commercial property in Yankeetown with highway frontage.
      6005 40 Highway W, Yankeetown, FL 34498
      View Details
    • $269,000
      1,034 SF

      Yankeetown Income-Producing Cracker-Style Homes

      Corner-lot property with two income-producing homes in Yankeetown, Florida.
      21 52nd Street, Yankeetown, FL 34498
      View Details
    • $49,900

      Cleared Homesite in Yankeetown, FL

      Cleared homesite ready for building in coastal Yankeetown, Florida.
      35 64th Street, Yankeetown, FL 34498
      View Details
    • $349,000

      Waterfront Land in Yankeetown, Florida

      Two waterfront lots totaling over half an acre in Yankeetown.
      5321 Riverside Drive, Yankeetown, FL 34498
      View Details
    • $176,000

      Yankeetown Land Near Gulf Hammock

      9.82 acres near Gulf Hammock Management Area.
      SE 193rd Place, Yankeetown, FL 34498
      View Details
    • $349,000

      Private Island Paradise in Yankeetown

      Rare 4-acre private island for recreation, relaxation, or development.
      25 Island, Yankeetown, FL 34498
      View Details
    • $350,000
      2,275 SF

      Versatile Warehouse on Hwy 40

      Warehouse on Hwy 40 W in Yankeetown for sale.
      6151 HIGHWAY 40 W, YANKEETOWN, FL 34498
      View Details
    • $25,000

      Yankeetown, FL Acreage Opportunity

      1.09 acre lot near Withlacoochee River and Gulf of Mexico.
      SE 193rd Place lot: 4, Yankeetown, FL 34498
      View Details
    • $25,000

      Land Near Withlacoochee River

      1.09-acre lot near Withlacoochee River and Gulf of Mexico.
      4 Se 193rd Pl, Yankeetown, FL 34498
      View Details
    • Contact for pricing

      Waterfront Islands with Homes

      Eight islands with two homes, waterfront on river and gulf.
      1 Tide over Is, Yankeetown, FL
      View Details
    • Contact for pricing

      Waterfront Acres on Withlacoochee River

      84 acres of waterfront property with home and boat ramp.
      1 Tide Over Is, Yankeetown, FL 34498
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Three lots near Highway 40, close to local amenities.
    Where is this residential land & home lot located?
    The property is located at HWY 40 Yankeetown, FL.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Three combined lots on Hwy 40 and 53rd St.; Walking distance to Riverside Dr. with live oak trees.; Walking distance to Blackwater Grill.
    (307) 629-6163
    We can help!
    Listing Contact
    M. Victoria I.P. Alonso
    Real Estate License ID: 3529407
    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

    Thank You for Inquiry
    HWY 40, Yankeetown, FL 34498
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!