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    Four Parcels Totaling 0.92 Acres Title is generated by Realmo AI

    SHARON STREET, Interlachen, FL 32148

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    Claim this Listing
    For Sale
    $80,000

    Land - INTERLACHEN, FL

    Lot size:
    0.92 Acres
    Added:
    Feb 23, 2026
    Days on Market:
    99
    Last Refresh:
    Jun 2 at 12:06 pm

    Property Features for SHARON STREET

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-2
    Standard status
    Active
    APN
    13-10-24-4075-2690-0050
    Lot size
    0.92 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    143.43

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Karina Woodward

    Listing agent Karina Woodward License #3595142

    Listing office BOSSHARDT REALTY SERVICES LLC 5542 NW 43rd St, Gainesville, FL

    Listing date Feb 23, 2026

    MLS# GC537875 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Four adjacent parcels totaling 0.92 acres, offering ample space and privacy.
    • R‑2 zoning allows for single‑family homes or mobile homes, providing building flexibility.
    • Located near Lake Ida and other lakes, ideal for fishing, boating, and kayaking.
    • Convenient access to a nearby public boat ramp.
    • Close to Palatka and Gainesville, providing access to shopping, dining, and medical facilities.
    • Electricity available nearby; customize well and septic systems.

    Overview

    Located in Interlachen Lakes Estates, this property includes four parcels being sold together, offering an expansive footprint. The four parcels total 0.92 acres (40,076 sq ft), with each parcel measuring 0.23 acres (10,019 sq ft). The zoning is R-2, allowing for both single-family homes and mobile homes. This provides flexibility to build a home or place a manufactured home. Electricity is available nearby, and a well and septic system will be needed. Situated near Lake Ida and other area lakes known for fishing, boating, and kayaking, this property offers a peaceful, country setting while still being close to outdoor recreation and everyday conveniences. The area is conveniently located between Palatka and Gainesville, providing access to shopping, dining, medical facilities, and more while maintaining that small-town charm. This generous four-parcel package offers space and an ideal location for those seeking privacy, recreation, and the relaxed Florida lifestyle. It is an excellent setting to retire and enjoy the land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Interlachen
    County
    Putnam
    State
    Florida
    Longitude
    -81.8507631
    Latitude
    29.6306892

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    FAQs

    What type of property is this?
    Residential land & home lot - Four parcels sold together near Lake Ida in Interlachen.
    Where is this residential land & home lot located?
    The property is located at SHARON STREET Interlachen, FL.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: Four adjacent parcels totaling 0.92 acres, offering ample space and privacy.; R‑2 zoning allows for single‑family homes or mobile homes, providing building flexibility.; Located near Lake Ida and other lakes, ideal for fishing, boating, and kayaking.
    (859) 608-2401
    We can help!
    Listing Contact
    Karina Woodward
    Real Estate License ID: 3595142
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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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    SHARON STREET, INTERLACHEN, FL 32148
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